Acton Institute Powerblog Archives

Business and Society

More Praise for World Population Day

Apparently Europe is buying in to the concept. Here are two key paragraphs from today’s Washington Post, in this article from Robert J. Samuelson, “The End of Europe”: It’s hard to be a great power if your population is shriveling. Continue Reading...

The Telecom Cowboy Weeps

Bernie Ebbers got 25 years in the cooler for his role in the demise of WorldCom. If he serves the full sentence, he’ll be 85 years old when they let him out. Continue Reading...

Fast Food Down Under

The Melbourne Herald Sun reports, “Fast food could be subject to a new tax of up to 50 per cent under a plan to fight Australia’s worsening obesity epidemic. The proposed fat tax would, hopefully, steer consumers away from calorie and sugar-laden foods and force them to choose cheaper, healthier options.” Continue Reading...

Tele-competition

Following last month’s Supreme Court decision in No. 04-277, National Cable & Telecommunications Assn. v. Brand X Internet Services, which denied the use of established cable lines to high-speed ISP competitors, there might be a new addition to the broadband internet market. Continue Reading...

The Fitness of Fast Food

In a recent commentary criticizing the fast food tax, I wrote, the fast food industry is really too easy a target for the government. Besieged by the media and public opinion (consider the popularity of the film Super Size Me), quickservice restaurants have gotten the reputation for being extremely unhealthy. Continue Reading...

Unemployment Trends

As the jobless levels across the nation continues to decline, Michigan continues to lag behind. The nationwide unemployment rate decreased to 5.0% in June, to the lowest levels since September, 2001 according to reports. Continue Reading...

Cash Che

ARMAVIRUMQUE passes along an excerpt from an article posted yesterday by The New Republic, “The Killing Machine,” by Alvaro Vargas Llosa. The article is about Che Guevara, and the famous photograph that “thirty-eight years after his death, is still the logo of revolutionary (or is it capitalist?) chic.” Llosa interviews Javier Arzuaga, a former Catholic priest, self-described as “closer to Leonardo Boff and Liberation Theology than to the former Cardinal Ratzinger.” Arzuaga’s relates the following: there were about eight hundred prisoners in a space fit for no more than three hundred: former Batista military and police personnel, some journalists, a few businessmen and merchants. Continue Reading...

Africa Needs More than Foreign Aid

So says Dr. George Ayittey, a professor of economics at American University and founder of the Free Africa Foundation, in an interview on today’s Morning Edition from NPR. Ayittey argues in part that after the African nations gained independence, they rejected the market system out of hand as a Western innovation, to the detriment of their societies. Continue Reading...

Too Much TV Dumbs Down Kids

Three separate studies published by the Archives of Pediatrics & Adolescent Medicine suggests that too much TV-watching can harm children’s ability to learn. The article says that in one study, involving nearly 400 northern California third-graders, those with TVs in their bedrooms scored about eight points lower on math and language arts tests than children without bedroom TVs. Continue Reading...

A Quote of Note from Archbishop Silvano Tomasi

The following is from Archbishop Tomasi’s address at the 93rd International Labor Conference in Geneva. (Click here for the full text of his remarks.) "It is the dignity of every human person that requires access to work in condition of personal security, health, fair renumeration, a safe environment. Continue Reading...