Andrew Knot

Posts by Andrew Knot

July 16, 2012

Arthur Brooks’ ‘5 Myths About Free Enterprise’

American Enterprise Institute president and 2012 Acton University plenary speaker Arthur Brooks has a recent column in The Washington Post that lists five myths about free enterprise. Brooks’ five myths address some of free enterprise’s most common critiques and do so by giving free enterprise a moral aspect. Continue Reading...
July 11, 2012

The Economic Analogy of Michael Jordan

Much has been made of income inequality in the United States this election season. Income inequality exists in the United States, more so than almost any other developed nation. Around sixty years ago, America’s Gini coefficient–the best measure of income equality, where zero represents the least inequality and one the most–was .37. Continue Reading...
July 05, 2012

U.S. sugar policy invites bad jokes

Because there’s nothing sweet about it. As the 2012 Farm Bill moves through Capitol Hill, the policy debates are ramping up. The bill, projected to seriously cut the deficit, has garnered bipartisan support thus far, but will likely meet more resistance in the House. Continue Reading...