When red tape hits the homeless: San Diego charity closes due to new restrictions

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Why governments create inflation

Note: This is post #108 in a weekly video series on basic economics. Most people do not like when prices rise so most people do not like inflation. But there is one sector that sometimes finds inflation beneficial: government. Continue Reading...

5 Facts about adult illiteracy

Adult illiteracy is one of the most overlooked socio-economic problems in America. Illiteracy can increase unemployment and poverty while lowering family stability and community flourishing. Here are five facts should know about adult illiteracy in America: 1. Continue Reading...

Brazil takes an Austrian turn

The new Brazilian government’s czar for economic affairs is bringing in the right people, straight from the Austrian School, says Silvio Simonetti in this week’s Acton Commentary. Presidents and prime ministers often resort to the appointment of “czars” to handle a crisis or coordinate complex policies when a show of urgent political engagement seems in order. Continue Reading...

Krauthammer’s legacy: tribalization foretold

A review of “The Point of It All: A Lifetime of Great Loves and Endeavors” by Charles Krauthammer, edited by Daniel Krauthammer, Crown Forum, NY, 2018, 360 pp., $28. Among the many voices of contemporary quiet reason in the public square, Charles Krauthammer most certainly ranked in the higher echelon. Continue Reading...