Acton Institute Powerblog Archives

Post Tagged 'Economic policy'

March 07, 2014

Explainer: What is President Obama’s Budget?

What is the President’s budget? Technically, it’s only a budget request—a proposal telling Congress how much money the President believes should be spent on the various Cabinet-level federal functions, like agriculture, defense, education, etc. Continue Reading...
February 06, 2014

Obamacare and the Laffer Curve Napkin

During a meeting in a restaurant with two officials from the Ford Administration — Dick Cheney and Donald Rumsfeld — a young economist sketched a curve on a napkin to illustrate an argument he was making. Continue Reading...
January 08, 2014

Is the $17 Trillion Federal Debt Immoral?

Even when we agree on what Biblical principles should guide our political choices, evangelicals from the left and right rarely agree on policy solutions. But there is one area where there appears to be an increasingly significant level of agreement: the immorality of our national debt. Continue Reading...
February 19, 2013

Toiling for Pharaoh

My friend John Teevan of Grace College sends out a monthly newsletter, “Economic Prospect.” He passes along this in the current edition: I found this note from a newly retired accountant (age 66) who has not gone on social security yet. Continue Reading...
December 11, 2012

Economic Freedom: Vital for All

On Nov. 28, the Canada-based Fraser Institute released the eighth edition of its annual report, Economic Freedom of North America 2012, in which the respective economic situation and government regulatory factors present in the states and provinces of North America were gauged. Continue Reading...
December 05, 2012

The FAQs: What is the Fiscal Cliff?

What is the “fiscal cliff”? The term “fiscal cliff”, which is believed to have originated in Congressional testimony by Federal Reserve Chairman Ben Bernanke, refers to the substantial changes to tax and spending policies that are scheduled to automatically take effect in January 2013. Continue Reading...