Acton Institute Powerblog Archives

Technology and Regulation

Elon Musk on the Problem with Regulators

“Most of economics can be summarized in four words: ‘People respond to incentives,’” says economist Steven E. Landsburg. “The rest is commentary.” When governments create a regulation, they are creating an incentive for individuals and businesses to respond in a particular way. Continue Reading...

Facebook and the Institutional Forms of Social Good

Over at Think Christian, I take a look at the Chan Zuckerberg Initiative and derive a lesson from Jesus’ interaction with the rich young man in Mark 10. A basic lesson we can take from the decision to organize the initiative as an LLC rather than a traditional non-profit corporation is that pursuing social good is possible in a wide variety of institutional forms. Continue Reading...

Who Protects Us From Government Polluters?

“The rules don’t apply to me,” is a favorite maxim of toddlers, narcissists, and government officials. This is especially true of the legislative branch, which frequently exempts itself—and its 30,000 employees—from federal laws that apply to the rest of us. Continue Reading...

The Call of the Martian

I saw The Martian this week and was struck by the number of resonant themes on a variety of is issues, including creation, creativity, innovation, entrepreneurship, exploration, work, suffering, risk, and civilization. Continue Reading...