Samuel Gregg is Distinguished Fellow in Political Economy and Senior Research Faculty at the American Institute for Economic Research and serves as affiliate scholar at the Acton Institute.

Posts by Samuel Gregg

Economic Liberalism and its Discontents

How do we restore confidence in free markets? Formulate a robust explanation of their moral value. Read Economic Liberalism and its Discontents on Public Discourse. In his recent book The Creation and Destruction of Value, Princeton University’s Harold James observes that the 2008 financial crisis resulted in more than the devastation of economic value. Continue Reading...

The Economics Nobel

My response to the awarding of the Nobel Prize in Economics to Elinor Ostrom and Oliver Williamson was published on National Review Online: Unlike a certain other Nobel Prize, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel actually requires evidence of substantial achievement. Continue Reading...

Acton Commentary: Marxism’s Last (and First) Stronghold

My commentary on Western Europe’s fascination with Marxist symbolism was published today on the Web site of the Acton Institute. Excerpt: Marxism, we’re often told, is dead. While Communism as a system of authoritarian power still exists in countries like China, Marxism’s contemporary hold over people’s minds, many claim, is nothing compared to its glory days between the Bolshevik seizure of power in Russia in October 1917 and the Berlin Wall’s fall twenty years ago. Continue Reading...

Public Discourse: Rethinking Economics in the Post-Crisis World

The Public Discourse recently published my article, Rethinking Economics in the Post-Crisis World. Text follows: In the wake of the financial crisis, we need an economics with greater humility about its predictive power and an increased understanding of the complicated human beings who, when the discipline is rightly understood, lie at its center. Continue Reading...