central planning

May 10, 2021

Biden’s ‘stimulus’ for a growing economy is all about central control

Proposals for “economic stimulus”, the use of monetary or fiscal policy to stimulate the economy, have become a permanent fixture of our politics. President Joe Biden recently proposed $1.8 trillion dollars in additional “economic stimulus” in the form of the American Families Plan. Continue Reading...

May 14, 2020

Rev. Sirico: How central planning created tunnel vision on COVID-19 response

Did central planning in health care and government make the COVID-19 pandemic worse by making the response more ineffective? Rev. Robert Sirico, president and co-founder of the Acton Institute, offers his thoughts on how centralization in health care and the economy has marginalized other perspectives and pushed aside notions of subsidiarity. Continue Reading...

May 05, 2020

Many prisoners released over COVID-19 have reoffended. Here are 3 lessons we can learn from that.

On Friday at The Stream, I wrote about the policy of releasing prisoners from penitentiaries in order to slow the spread of the coronavirus. Perhaps hundreds of those who have been released have committed new crimes, compounding the tragedies the American people must suffer during this global pandemic. Continue Reading...

March 26, 2020

The most important truth in Cuomo and Trump’s ventilator dispute

New York Governor Andrew Cuomo and President Donald Trump are verbally sparring over who bears the blame for the state’s lack of ventilators, a crucial need for patients suffering from the coronavirus. Continue Reading...

March 14, 2017

Economist as prophet vs. savior

What do economists actually know? What can they possibly know? Assuming his usual role as the insider skeptic, economist Russ Roberts ponders those questions at length, concluding that far too much economic analysis is conducted and promoted with far too little humility. Continue Reading...

July 12, 2016

Man Is Not the Measure: Whittaker Chambers on Tyson’s ‘Rationalia’

“Men have never been so educated, but wisdom, even as an idea, has conspicuously vanished from the world.” –Whittaker Chambers The vain self-confidence of high-minded planners and politicians has caused great harm throughout human history, much of it done in the name of “reason” and “science” and “progress.” Continue Reading...

March 05, 2010

QOTD: Why economics matters

The control of wealth is the control over human life. So if a centrally planned economy decides how wealth is to be created and how it is to be distributed, then they really have a control over human life. Continue Reading...