Acton Institute Powerblog Archives

Post Tagged 'economics'

John Wesley teaches us the true value of money

John Wesley, the father of Methodism, defended a rigorous and intentional plan for Christlikeness that would touch every aspect of a believer’s life. Caring intensely for the poor, he endeavored to create short, easy-to-read “penny pamphlets” and small booklets that would help anyone to come to a saving knowledge of Jesus Christ and to follow Him in such a way that they would begin to take on his very character. Continue Reading...

Boris Johnson: The great survivor?

The vote is in. Boris survived—or did he? The 359 members of the Parliamentary Conservative Party voted by 211 to 148 that they had confidence in Boris Johnson as the leader of the party and prime minister of the United Kingdom. Continue Reading...

Price-gouging laws won’t help gas prices or consumers

Yesterday, Democrats successfully but narrowly passed an anti–price gouging bill in the House to address raging prices at the pump and to deliver on promises for successful climate-change legislation. Meanwhile, the Senate Natural Resources and Energy chair, Joe Manchin, continues to work toward a bipartisan climate and energy package.  Continue Reading...

The Sowell of black America

“Hope has two beautiful daughters; their names are Anger and Courage. Anger at the way things are, and Courage to see that they do not remain as they are.” —Augustine Thomas Sowell is a towering figure in the liberty movement, certainly the most (in)famous “black conservative” of the 20th century. Continue Reading...

Should you bet on Bitcoin?

For those who’ve heard the word a lot but are still not sure what it means, cryptocurrency is a digital asset used to make purchases. It operates using a computer network, often a blockchain, a shared ledger that acts as a mechanism to transfer value from one person to another and that records and stores information in chains of “blocks”—chronological groups rather than tables or folders like more traditional databases. Continue Reading...

Terrorists and your valentine have more in common than you think

Economics is the study of human action; it’s the study of individuals making choices. As a result, we can use the “economic way of thinking” to understand the decisions people make when it comes to all types of behavior, including dating and marriage, Spring break and Vegas vacations, and, yes, even why terrorists commit acts of violence or voluntarily die for their cause. Continue Reading...