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Samuel Gregg: The Envy-Inequality Nexus

Acton’s Director of Research, Sam Gregg, ponders “Envy In A Time Of Inequality” in today’s American Spectator. Envy, he opines, is the worst human emotion. From the time that Cain killed Abel to today’s “near-obsession with inequality,” Gregg says envy is driving public policy…and that’s not good. Continue Reading...

7 Figures: Family Structure and Economic Success

Family structure is one of the most significant, though oft-overlooked, factors that affect the economic fortunes of Americans. A new study from AEI titled “For Richer or Poorer” documents the relationships between family patterns and economic well-being in America and shows how radically it can affect income. Continue Reading...

What’s the Right Minimum Wage?

What’s the perfect minimum wage? $10 an hour? $20? $50? Economist David Henderson explains why it should be “zero.” As Henderson explains, when the state mandates a minimum wage (or an increase), it makes harder for unemployed people to find work and forces business owners to cut the hours of lower-skilled employees. Continue Reading...

The Complexities of Airport Capitalism

Over at The Federalist today, I ruminate on a conversation I overheard at an airport recently. I was an innocent auditor, I assure you. In the words of Sam Gamgee to Gandalf, “I ain’t been droppin’ no eaves sir, honest.” Continue Reading...

Are Commercial Transactions Inherently Shady?

By giving us the ability to buy and sell, says Wayne Grudem, God has given us a wonderful mechanism through which we can do good for each other. Buying and selling are activities unique to human beings out of all the creatures that God made. Continue Reading...