Latest Posts

January 30, 2018

What is moral hazard?

Note: This is post #66 in a weekly video series on basic microeconomics. Imagine you take your car in to the shop for routine service and the mechanic says you need a number of repairs. Continue Reading...
January 29, 2018

The greatest foe of poverty

Winston Churchill once said, “Some see private enterprise as a predatory target to be shot, others as a cow to be milked, but few are those who see it as a sturdy horse pulling the wagon.” Continue Reading...
January 26, 2018

Jennifer Roback Morse on the economic consequences of family breakdown

The 2018 Acton Lecture series got off to a great start yesterday with an address by Jennifer Roback Morse, a longtime friend and collaborator with the Acton Institute. She addressed how the breakdown of the family unit within culture generates significant problems, both socially and economically, and suggested some ways we can all work to address the issue going forward. Continue Reading...
January 26, 2018

What if Davos Man got baptized?

The World Economic Forum is taking place this week in Davos, Switzerland. The meetings are dominated by a class of individual that the late Samuel Huntington named “Davos Man”: cosmopolitan, secular, and having self-consciously purged every hint of such parochial ties as tradition or particularity. Continue Reading...
January 25, 2018

Davos: Increase EU power, even if EU members disagree

The president of France said the Europe Union should press forward with concentrating power over political and economic issues in its own hands, even if its 27 member states dissent. Only a continent-wide supranational government would allow Europe to rival the United States and rising Asian economies, Emmanuel Macron told attendees of the World Economic Forum in Davos on Wednesday. Continue Reading...