Stanley Schwartz is a research intern at the Acton Institute. A former Fulbright postgraduate scholar, he has Bachelor’s degrees in History and Economics.
Between a summer heatwave in the United States and Europe and a recent speech by President Trump, the topic of climate and environmental policy and conditions has been even more prominent than usual lately. Continue Reading...
Influential thinker Henry Hazlitt argued that the “art of economics” could be distilled to a generally applicable single lesson:
looking not merely at the immediate but at the longer effects of any act or policy [and] tracing the consequences of that policy not merely for one group but for all groups. Continue Reading...
Alaska’s university system is currently facing $130 million in funding cuts to an annual budget of $900 million, which included $327 million in state funding last year. These potential cuts have sparked criticism from researchers at other universities, University of Alaska President James Johnsen, Alaskan state legislators, and citizens. Continue Reading...
Walmart agreed last month to a $282 million settlement with the Securities and Exchange Commission and the Department of Justice, resolving charges of bribing foreign officials. While company leadership committed themselves to “acting ethically everywhere we operate,” reports indicate that Walmart allowed third parties in China, Mexico, India, and Brazil to make payments to government officials. Continue Reading...
As world leaders from a select group of the largest national economies meet in Osaka at the end of this week, they face increasing volatility and uncertainty around some of the basic principles and institutions that bring together their various peoples in the global marketplace. Continue Reading...
Last week, the New York State Legislature arranged a series of regulations designed to protect tenants and control rents. This action was quickly repeated by the California Assembly, which passed a rent-cap bill, both following in the footsteps of Oregon’s statewide rent control law enacted this past February. Continue Reading...
Time is running out to apply for the Acton Institute’s Calihan Academic Grants! These awards are designed to support seminarians and graduate students in theology, philosophy, politics, economics, or related fields as they engage in serious study on the relationship between religion, liberty, theology, the free market, and the virtuous society. Continue Reading...
“Red, white, and gray: Population aging, deaths of despair, and the institutional stagnation of America” is a new essay by American Enterprise Institute Adjunct Fellow Lyman Stone touching on pressing demographic and policy issues in the United States. Continue Reading...
When a market is mentioned, buying, selling, and everyday business activities usually come to mind. Economists Rachel M. McCleary and Robert J. Barro have a broader focus in their new book, The Wealth of Religions: The Political Economy of Believing and Belonging. Continue Reading...