Latest Posts

The Secret Ingredient for Effective Healthcare Reform

In today’s Acton Commentary I explore how our hyper-regulated and increasingly statist healthcare system is chasing off good physicians. A recent article in Forbes by Bruce Japsen provides some additional support for that argument: Doctor and nurse vacancies are approaching nearly 20 percent at hospitals as these facilities prepare to be inundated by millions of patients who have the ability to pay for medical care thanks to the Affordable Care Act. Continue Reading...

Tea Party Catholic: Can Catholics Save the American Experiment?

Giovanni Patriarca recently sat down with Acton Research director, Samuel Gregg, to discuss his latest book, Tea Party Catholic. Patriarca, Acton’s 2012 Novak Award winner, began by asking Gregg what the “most alarming and peculiar aspects” are of America losing its “historical memory” and running the “risk of deconstruction of its own identity.” The American Founding was certainly influenced by certain streams of Enlightenment thought, not all of which (such as social contract theory) are compatible with Catholic faith. Continue Reading...

Hollywood Hates The Economic System That Makes It Rich

John Stossel is fed up with celebrities whining about the very economic system that made them rich. From Russell Brand demanding redistribution of wealth to George Lucas decrying “capitalist democracy,” celebrities who are rolling in dough seem to be suffering from some sort of entrepreneurial guilt. Continue Reading...

Inflation and the Minimum Wage

In yesterday’s edition of The Transom, which I highly recommend, Ben Domenech included a discussion that places the debates over raising the minimum wage within the broader context of the effects of inflation more generally. Continue Reading...

Why Max Weber Was Wrong About Capitalism

Sociologist Max Weber famously associated Protestantism with capitalism. Although widely accepted by many, that claim is theologically dubious, empirically disprovable, and largely incidental, says Acton Research Director Samuel Gregg: Even when we consider modern capitalism’s emergence, a direct connection between this event and Protestantism is very open to question. Continue Reading...

PowerLinks 12.11.13

Ukraine protest is spiritual movement, bishop says Cindy Wooden, Catholic News Service Catholic, Orthodox and Protestant clergy have been assisting the demonstrators. Business Is a Community Service Joy Pullmann, Values & Capitalism In short, providing something people need at a price that keeps buyers happy and the business running is a community service. Continue Reading...