Latest Posts

March 21, 2017

How price controls can hurt the poor

Note: This is post #25 in a weekly video series on basic microeconomics. Suppose there is a mild winter on the West Coast and a harsh winter on the East Coast, says Alex Tabarrok, in this video by Marginal Revolution University. Continue Reading...
March 21, 2017

Explainer: What’s the difference between a free trade union and a customs union?

On Monday, Great Britain stood poised to enact Brexit with Her Majesty’s blessing. UK Prime Minister Theresa May announced that her government would send the letter officially triggering the UK’s exit from the European Union, in accordance with Article 50 of the Lisbon Treaty, on March 29 – more than nine months after the British people voted to extract themselves from the global governance institution. Continue Reading...
March 20, 2017

Explainer: What you should know about the Meals on Wheels controversy

Embed from Getty Images What’s the story? Last week, numerous media outlets falsely reported that the Trump administration proposed 2018 budget would eliminate charities like Meals on Wheels. The reports also claimed that White House budget director Mick Mulvaney had said during a press conference that Meals on Wheels “doesn’t work.” Continue Reading...
March 20, 2017

What is the role of tradition in renewing Western civilization?

Does tradition harm progress? Acton’s director of research, Samuel Gregg, in a recent article for Library of Law and Liberty, describes “tradition” as the handing down of beliefs, cultural molds, and historical ways of thinking and living, but also as a means to promoting human flourishing in renewing civilization. Continue Reading...