Latest Posts

When Nixon tried to control prices

Note: This is post #21 in a weekly video series on basic microeconomics. President Nixon had a problem—inflation was out of control. So in 1971 he attempted to implement a drastic solution: he declared price increases illegal. Continue Reading...

New Issue of the Journal of Markets & Morality (19.2)

The most recent issue of the Journal of Markets & Morality, vol. 19, no. 2, has been published online and print copies are in the mail. This issue features the publication of Acton’s 2015 Novak Award winner Catherine Pakaluk’s lecture, “Dependence on God and Man: Toward a Catholic Constitution of Liberty,” in addition to our regular slate of peer-reviewed articles. Continue Reading...

Does David Beckham have a moral obligation to get ‘soaked’?

Retired soccer legend David Beckham was denied knighthood in 2013 after British authorities flagged him for “tax avoidance,” according to a new story in the Telegraph. Beckham had invested in Ingenious Media, a company that supported the British film industry – and also allowed investors to write off their losses.  Continue Reading...

Business for the common good

“If you are a young person saying ‘I want to go into ministry because I want to change culture,’ how would delete the word ministry and replace it with business?” asks Greg Thornbury, president of The King’s College in New York City. Continue Reading...

R.I.P. Hans Rosling: 4 memorable talks by the Swedish statistician

This week, we received the sad news that Professor Hans Rosling has passed away due to pancreatic cancer. A brilliant statistician and mesmerizing public speaker, Rosling was widely known for his dazzling data visualizations and compelling lectures on health, poverty, population, religion, inequality, and economic growth. Continue Reading...