Acton Institute Powerblog Archives

Economics and Social Problems

Economic freedom means longer life, lower infant mortality, and less poverty: Report

Economic freedom is strongly tied to human flourishing, longevity, and even rates of survival, according to a new study. The Fraser Institute released its 2020 “Economic Freedom of the World” report on Thursday and, once again, the Canadian think tank found a strong correlation between free-market economics, prosperity, and overall levels of public health and well-being. Continue Reading...

Karl Marx’s greatest lesson

Karl Marx famously concluded in his 1845 Theses On Feuerbach with his eleventh thesis: “Philosophers have hitherto only interpreted the world in various ways; the point is to change it.” How this change from analysis to activism can be justified in light of Marx’s own materialist conception of history is an enduring puzzle. Continue Reading...

Evolving between two worlds

In the latest issue of The New Yorker Larissa MacFarquhar has a deeply researched and beautifully written story, “How Prosperity Transformed the Falklands.” It chronicles the history of the Falkland Islands from the early settlement of the then-uninhabited islands to the Falklands War between Argentina and the United Kingdom in 1982, as well as the economic transformation after that conflict. Continue Reading...

Michael Matheson Miller to Patrick Deneen: Strong towns need strong economies

Among the most influential critics of the free market on the Right is Patrick Deneen, a political science professor at the University of Notre Dame. Acton Institute Senior Research Fellow Michael Matheson Miller has published a response in Law & Liberty to Deneen’s recent plea for a national policy to favor small communities (“Thinking Big to Act Small” in the American Compass). Continue Reading...