Latest Posts

The return of ‘Tariff Man’, nemesis of the poor

“I am a tariff man,” said the Republican president. He based his strong support of tariffs on the idea that industries within the U.S. needed “protection” from foreign competition. A vocal opponent of free trade, his view was that America could tax its way to prosperity. Continue Reading...

PowerLinks 12.05.18

Why Economics Is Not a ‘Worldly’ Discipline Shawn Ritenour, Institute for Faith, Work, and Economics A proper understanding of economics is crucial for our obeying and fulfilling the cultural mandate given to us by God in the first two chapters of Genesis. Continue Reading...

What labor force participation is (and why it matters)

Note: This is post #103 in a weekly video series on basic economics. Labor force participation is an important concept connected to employment. The labor force participation rate is defined as the section of working population in the age group of 16-64 in the economy currently employed or seeking employment.  Continue Reading...

A free and virtuous society: Lessons from Les Misèrables

Interpreting works of literature is always a dicey task—it’s all too easy to find the conclusions we want to find and turn authors into spokesmen for our own ideas. In these reflections on Victor Hugo’s Les Misèrables, I don’t claim that what I say is necessarily what Hugo himself intended. Continue Reading...

PowerLinks 12.04.18

US, China reach 90-day ceasefire in their trade dispute Paul Wiseman, Zeke Miller, and Catherine Lucey, Associated Press The United States and China reached a 90-day ceasefire in a trade dispute that has rattled financial markets and threatened world economic growth. Continue Reading...

Lacordaire: penitent religious, unrepentant classical liberal

As our Acton Institute prepares for its Rome conference tomorrow, December 4, on the Dominican contribution to “Freedom, Virtue, and the Good Society”,  extraordinary men and women from the Order of Preachers come to mind: Albert the Great, Catherine of Siena, and perhaps the most famous of all, the Angelic Doctor, Thomas Aquinas. Continue Reading...