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June 26, 2014

The Moral Value of Economic Growth

In 1820, America’s per capita income averaged $1,980, in today’s dollars. But by 2000, it had increased to $43,000. That economic growth has benefited the rich, of course. But it has also transformed the lives of the poor — and prevented many more from becoming or staying poor. Continue Reading...
June 25, 2014

World War I and the Break with History

Much of the art before World War I can be seen as moral in nature, says Bruce Edward Walker in this week’s Acton Commentary, while post-Armistice art commonly celebrates materialism if not outright hedonism: After the Great War, however, the genie was out of the bottle, leading to works meant only to shock, dismay or anger would-be censors and art consumers in general. Continue Reading...