Latest Posts

May 15, 2018

How geography affects economic growth

Note: This is post #78 in a weekly video series on basic economics. You could fit most of the U.S., China, India, and a lot of Europe, into Africa. But if you compare Africa to Europe, Europe has two to three times the length of coastline that Africa. Continue Reading...
May 11, 2018

Dalio’s animated adventure in common grace-infused wisdom

Ray Dalio is a fascinating character. Founder of the “world’s richest and strangest hedge fund,” he’s been dubbed the “Steve Jobs of investing” and “Wall Street’s oddest duck.” He’s currently #26 on Forbes list of richest people in America and Time magazine once included him on their list of the world’s 100 most influential people. Continue Reading...
May 10, 2018

Liberalism needs natural law

The great British political thinker Edmund Burke regarded what some call “liberalism” today as incomprehensible, unworkable and unjust in the absence of widespread commitment to natural law. A similar argument can be made in our own time, says Acton research director Samuel Gregg: Without natural law foundations, for instance, how can we determine what is and isn’t a right other than appeals to raw power or utility, neither of which can provide a principled case for rights? Continue Reading...
May 10, 2018

The forgotten Catholic founders of economics

Many people acclaim Adam Smith as the father of economics. Others trace the origins of economics to the eighteenth century Physiocrats, while others look back far as Aristotle. “The real founders of economic science actually wrote hundreds of years before Smith,” wrote Lew Rockwell at Mises.org. Continue Reading...