Acton Institute Powerblog Archives

Post Tagged 'basketball'

The Economic Analogy of Michael Jordan

Much has been made of income inequality in the United States this election season. Income inequality exists in the United States, more so than almost any other developed nation. Around sixty years ago, America’s Gini coefficient–the best measure of income equality, where zero represents the least inequality and one the most–was .37. Continue Reading...

An analogy for good government

Riffing off of Lord Acton’s quote on liberty and good government, I came up with an analogy that was well-received at last month’s inaugural Acton on Tap. In his essay, “The History of Freedom in Antiquity,” Acton said the following: Now Liberty and good government do not exclude each other; and there are excellent reasons why they should go together; but they do not necessarily go together. Continue Reading...