Acton Institute Powerblog Archives

Post Tagged 'regulation'

Magic cards and market forces

Back in the 1990s, the debut of Magic: The Gathering marked a new form of gaming: collectible card games. While many may remember it similarly to Pogs, for example, Magic survived where Pogs did not. Continue Reading...

Deregulation: When to wash a pig

You could be prosecuted on the federal level if you “make any incision” on hog carcasses before all “hair, scurf and dirt, including all hoofs and claws, (is) removed from hog carcasses and the carcasses thoroughly washed and cleaned.” In January, President Donald Trump issued Executive Order 13771, pledging to reduce regulation, which initiated the recall of the Hog Carcass Cleaning Rule. Continue Reading...

The ‘Great Repeal Bill’ and the long shadow of EU law

Millions had assumed that Brexit meant that, in the words of Prime Minister Theresa May, “our laws will be made in Westminster, Edinburgh, Cardiff, and Belfast.” But the government has announced that it will continue to be bound by thousands of EU regulations, passed in Brussels, for the foreseeable future. Continue Reading...

Called to the coalfields: How an Appalachian church is spurring economic action

Due to a rapidly changing economy and a range of excessive regulations from the federal government, the American coal mining industry is facing serious challenges. For states like West Virginia, the effects are particularly painful, as mining towns and communities struggle under a projected 23% decline in related jobs in recent years, leading vast numbers of residents to leave the state altogether. Continue Reading...

Thomas Sowell on poverty, politics, and the origins of prosperity

“The mundane progress driven by ordinary economic and social processes in a free society becomes dramatic only when its track record is viewed in retrospect over a span of years.” –Thomas Sowell In a recent edition of Uncommon Knowledge, economist Thomas Sowell discusses his latest book, Wealth, Poverty, and Politics, which provides a comprehensive argument for the origins of prosperity. Continue Reading...

Ben Sasse on Why Over-Regulation Hurts the Poor

Conservatives are known for arguing about the ill effects of over-regulation, reminding us how it stifles innovation, cramps entrepreneurship, and harms small businesses. Where we’re less effective is connecting this reality to the more fundamental abuses it wields on human dignity in general and the poor and vulnerable in particular. Continue Reading...