Acton Institute Powerblog Archives

Post Tagged 'free-market'

Bernanke Versus the Austrians

My essay in today’s American Spectator Online looks at why Ben Bernanke should not be confirmed to a second term as Chairman of the Federal Reserve: Two planks in Bernanke’s recovery strategy: Expand the money supply like a banana republic dictator and throw sackfuls of cash at failed companies with a proven track record of mismanaging their assets. Continue Reading...

Capitalism is Not Based on Greed

In a new essay at The American, Jay Richards explains why capitalism isn’t based on greed. In Acton’s first documentary, The Call of the Entrepreneur, Richards along Rev. Robert Sirico, Sam Gregg, Michael Novak and others touch on this matter in making the moral case for the free economy. Continue Reading...

Health Rationing for the Greater Good

[UPDATE BELOW] I discussed the creepy side of President Obama’s “science czar” here. But there are more creepy things in the cabinet. The Wall Street Journal reports that the president’s health policy adviser, Dr. Continue Reading...

The Healthcare Debate’s False Premise

Everybody realizes that the current healthcare system in the United States has problems. Unfortunately, much of the discussion about what to do rests on a false premise. The argument goes something like this: Our current free market system is not working: health care costs are astronomically high, and close to 50 million people aren’t insured. Continue Reading...

Review: Money, Greed, and God

The belief that the essence of capitalism is greed is perhaps the biggest myth Jay W. Richards tackles in his new book, Money, Greed, and God: Why Capitalism is the Solution and not the Problem. Continue Reading...

Money, Greed, and God on Michael Medved

Update: The Michael Medved Show streams here. Former Acton research fellow Jay W. Richards will be on the Michael Medved Show today talking about his new book, Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem. Continue Reading...

PBR: Do We Need a New New Deal?

In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” Perhaps the most effective historical trope in pushing through the massive stimulus package on Capitol Hill has been the notion that if only the New Deal of the 1930s hadn’t had to wait more than three years for the election of FDR, the Great Depression might have been avoided. Continue Reading...