Acton Institute Powerblog Archives

Post Tagged 'deficit'

Every politician is Andrew Yang

Richard Nixon supposedly once said, “We’re all Keynesians now,” referring to the new accepted regime of monetary policy. Today, we have far bigger problems than our Keynesian Federal Reserve. Any present-day politician could just as well say, “We’re all Andrew Yang now.” Andrew Yang, for those who don’t know, is running for the Democratic nomination for president. Continue Reading...

Is the Fiscal ‘Cliff’ Just a Bump in the Road?

Over at Think Christian I take a look at the looming fiscal “cliff,” which we are being told from every conceivable quarter represents a significant danger to America’s fragile economic recovery: But apart from the numbers themselves, the framing of the issue by politicians and pundits ought to give us pause. Continue Reading...

Trade with China, or Blockade Their Ports?

Congress insults our intelligence when it tells us that Chinese currency games are to blame for our trade deficit with that country and unemployment in our own. Legislators might as well propose a fleet of men-o’-war to navigate the globe and collect all its gold: economics is not a zero-sum game. Continue Reading...

Evaluating Our Values: A Christian Response to the Debt Crisis

Over at ThinkChristian, I take the opportunity to sketch “what a comprehensive Christian response to the crisis of public and private debt might look like.” I focus “on five main areas: the individual, familial, ecclesial, economic, and political.” This is a brief and preliminary set of questions and observations. Continue Reading...

The Real Both/And Budget Solution

I had the pleasure of appearing on Relevant Radio last Friday to talk to Sheila Liaugminas on her show, “A Closer Look.” I discussed the idea of “intergenerational justice,” a term favored by evangelicals (Roman Catholics tend to talk about “intergenerational solidarity”), and how that concept relates to much of today’s discussion about the federal budget. Continue Reading...

Who is My Brother’s Keeper?

Back in February 2008, then candidate for president Barack Obama addressed a crowd at a General Motors Assembly Plant in Janesville, Wis. He said, …I am my brother’s keeper; I am my sister’s keeper– that makes this country work. Continue Reading...

Debt and the Demands of Progress

The curious alignment of Good Friday and Earth Day last week sparked much reflection about the relationship between the natural world and religious faith, but the previous forty days also manifested a noteworthy confluence of worldly and otherworldly concerns. Continue Reading...