Subsidies or tax breaks, both are cronyism

Last week, President-elect Donald Trump along with Vice President-elect Mike Pence, who is the current governor of Indiana, struck a deal with United Technologies, the parent company of Carrier, in order to save over 1,000 jobs from being sent from Indiana to Mexico.  Continue Reading...

Samuel Gregg: Protectionism harmful in the long run

In a new article at The Christian Science Monitor titled “Can ‘economic nationalism’ keep more jobs in US?” Acton Director of Research Samuel Gregg is interviewed about President-elect Donald Trump’s stated goal of keeping jobs and businesses from leaving for foreign countries.  Continue Reading...

Financial deregulation expands opportunity

The Dodd-Frank Act became law in 2010, adding more regulation to a banking industry that was already heavily regulated.  The main purpose of this 2,300 page act was to give consumers protection against big profit seeking banks but the unintended consequences prove to be much greater.  Continue Reading...

Washington showdown looms over Ex-Im Bank and cronyism

Sen. Lindsey Graham, Republican from South Carolina, wants to change the rules of one of the biggest crony capitalist organizations in Washington.  He wants to make it easier for the Export Import Bank to dish out large amounts of corporate welfare to companies such as Boeing, which already brings in revenues upward of $95 billion per year. Continue Reading...

The Christian Statesman and the Gospel to the Poor

Today at Mere Orthodoxy, I argue that the duty of the Christian statesman (or stateswoman) to the poor requires defending human rights, supplying urgent needs, reducing barriers to market entry, and guaranteeing access to the institutions of justice, seeking realistic, gradual reform as possible and prudent. Continue Reading...

Rev. Sirico on defending the free market

Why should we care about human dignity, creativity and flourishing? Why value human creativity? Why even believe that human beings possess dignity and rights? As Rev. Robert Sirico writes in the Washington Times, the free market system assumes, rather than defends, the value of all these things—something easy to miss because most of us share these sentiments. Continue Reading...

Interview: The Christian case for libertarianism

Is it possible to be both a Christian and a libertarian? In a forthcoming book, Called to Freedom: Why You Can Be Christian & Libertarian, six Christian libertarians offer an emphatic, “yes,” exploring key tensions and challenging a range common critiques (whether from conservative Christians or secular libertarians). Continue Reading...