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February 04, 2015

A Parable for the Entrepreneur

In this week’s Acton Commentary, “A Parable for the Unemployed,” I provide a brief survey of the biblical view of work, concluding with reference to the parable of the workers in the vineyard in Matthew 20. Continue Reading...
February 04, 2015

Explainer: President Obama’s FY2016 Budget

What is the President’s budget? Technically, it’s only a budget request—a proposal telling Congress how much money the President believes should be spent on the various Cabinet-level federal functions, like agriculture, defense, education, etc. Continue Reading...
February 03, 2015

How Puritans Became Capitalists

In his book, Heavenly Merchandize, Mark Valeri, professor of church history at Union Presbyterian Seminary, finds that the American economy as we know it emerged from a series of important shifts in the views of Puritan ministers: IDEAS: You’re saying that the market didn’t rise at the expense of religion, but was enabled by it? Continue Reading...
February 03, 2015

Why Government Money Alone Can’t Fix Poor Schools

The largest initiative to combat poverty by funding public schools has occurred in Camden, New Jersey, the poorest small city in America. New Jersey spends about 60 percent more on education per pupil than the national average according to 2012 census figures, or about $19,000 in 2013. Continue Reading...