Latest Posts

An introduction to externalities

Note: This is post #36 in a weekly video series on basic microeconomics. What are externalities and what are the different kinds of costs? And what does this have to do with the rise of “superbugs”? Continue Reading...

Fusionism and Western Civ

Pope Leo XIII, writing in the midst of social crisis at the end of the nineteenth century, wisely observed: “When a society is perishing, the wholesome advice to give to those who would restore it is to call it to the principles from which it sprang.” For the American experiment in ordered liberty, this means in large part going back to the Anglo-American tradition represented by Adam Smith and Edmund Burke. Continue Reading...

PowerLinks 06.06.17

Free-Market Environmentalism Is Literally for the Birds Tate Watkins, FEE Markets helped transform farmers into conservationists. The Blessings of Capitalism Brian Domitrovic, The Imaginative Conservative Capitalism offers us outstanding new ways to be good. Continue Reading...
PowerLinks

15 Biblical foundations of environmental stewardship

Today is World Environment Day, the United Nations’ “most important day for encouraging worldwide awareness and action for the protection of our environment.” Though we may disagree on policy solutions, we here at the Acton Institute share the UN’s concern for the environment. Continue Reading...

Economic freedom eases poverty

“The poor will always be with us, but such a sobering reality does not free us from an obligation to work to alleviate the ravages of poverty,” says Trey Dimsdale. “On the contrary, Jesus’ statement only serves to remind us that every generation will face the question of how best to fulfill our holy obligations to them.” It is clear that many in the present generation have taken notice of the plight of the poor and are moved by genuine compassion to advocate for the poor, provide for their needs and seek to lessen the suffering caused by their circumstances. Continue Reading...

PowerLinks 06.05.17

Marriage, Economics, and Culture Melissa Langsam Braunstein, Family Studies “Social context partially determines the family formation response to a positive income or earnings shock.” Cryptocurrency Might be a Path to Authoritarianism Ian Bogost, The Atlantic Extreme libertarians built blockchain to decentralize government and corporate power. Continue Reading...
PowerLinks