Latest Posts

May 23, 2016

Why Christians Care About Economics

“Economic activity is one of the most common and basic forms of human interaction and the Bible has much to say about it,” says Dale Arand. “However, it takes time to understand the complexities of our modern economy so that we can better apply God’s principles to our everyday activity.” Continue Reading...
May 20, 2016

French Catholic Bishop Dominique Rey: ‘Thinking Outside the Box’

Yesterday in the French section of the Vatican’s newspaper, L’Osservatore Romano, an exclusive interview finally appeared with the outspoken Bishop Dominique Rey of Toulon-Fréjus. Bishop Rey provided the interview when in Rome last month to speak about the current challenges to religious and economic freedom in Europe at the Acton Institute’s conference “Freedom with Justice: Rerum Novarum and the New Things of Our Time“. Continue Reading...
May 20, 2016

Explainer: What is Going on in Venezuela?

What’s going on in Venezuela? Because of high inflation and unemployment, Venezuela has the most miserable economy in the world. The country currently has an inflation rate of 180 percent, but that’s expected to increase 1,642 percent by next year. Continue Reading...
May 19, 2016

David Bentley Hart and the ‘Pelagian Criticism of Wealth’

Following up on yesterday’s post “Samuel Gregg on David Bentley Hart and Murderous Markets,” Rev. Gregory Jensen, author of the Acton book The Cure for Consumerism, observes that “Hart’s assertion that ‘the New Testament treats such wealth not merely as a spiritual danger, and not merely as a blessing that should not be misused, but as an intrinsic evil’ is simply wrong.” Continue Reading...
May 19, 2016

5 Ways Obama’s New Overtime Rule Will Harm Workers

In announcing the Obama administration’s new overtime rule (for more on this news, see this explainer), Vice President Joe Biden says companies will “face a choice” to either pay their workers for the overtime that they work, or cap the hours that their salaried workers making below $47,500 at 40 hours each work week. Continue Reading...
May 19, 2016

Explainer: Obama’s New Overtime Rule

What just happened? On May 18, the Obama administration announced the publication of a new Department of Labor rule updating and expanding overtime regulations. Why did the overtime rule change? Since the 1930s some white collar jobs (i.e., Continue Reading...