Economics

January 09, 2014

At-A-Glance: Public Vs. Private Sector Health Care

The Washington Examiner has published a chart that clearly lays out the difference between Obamacare versus private sector health care. Using Walmart as an example (despite the employer’s much-disparaged employee benefits), Elliot Smilowitz at the Examiner shows that the private sector is able to offer comparable health care at much less expense than Obamacare. Continue Reading...

January 08, 2014

Is the $17 Trillion Federal Debt Immoral?

Even when we agree on what Biblical principles should guide our political choices, evangelicals from the left and right rarely agree on policy solutions. But there is one area where there appears to be an increasingly significant level of agreement: the immorality of our national debt. Continue Reading...

January 08, 2014

Fatherlessness and the War on Poverty

In addition to reading Joe Carter’s striking by-the-numbers piece on the War on Poverty, and in keeping with Sam Gregg’s reflections on the deeper social and cultural forces at work, I heartily recommend taking in Josh Good’s excellent retrospective in AEI’s The American. Continue Reading...

January 08, 2014

Samuel Gregg On The War On Poverty: ‘Pass More Laws And Throw More Dollars At The Problem’

In today’s National Review Online, leading economists are asked to comment on the 50th anniversary of Lyndon Johnson’s “War on Poverty.” Acton’s Director of Research, Sam Gregg, weighs in: As we know now, Johnson’s offensive against poverty did not have the impact envisaged by its progenitors. Continue Reading...

January 07, 2014

The Digital Divide And The Uselessness Of Race

According to a report released this week by the Pew Research Center, the so-called “digital divide” between whites and blacks is slowly being closed by smart phones. Here are the key findings of the report: (1) African Americans trail whites by seven percentage points when it comes to overall internet use (87% of whites and 80% of blacks are internet users). Continue Reading...

January 07, 2014

Let’s Define ‘Income Inequality’

The saga of “income inequality” stretches on. The young people of the Occupy Wall Street movement now have a website, and President Obama has proclaimed it the “defining issue of our time.” Continue Reading...

January 06, 2014

Colson and Dostoevsky: Ideas Have Consequences

The late, great Chuck Colson had impeccable taste in literature. By that I mean that he liked all of the same books that I like. Or I suppose that I should say, I like all of the same books he liked. Continue Reading...

January 03, 2014

Why are Working-Class Men Falling Behind?

Why are working-class men falling behind? Economic, familial, and lifestyle factors all play a role. One of the main reasons less-educated men are losing economic opportunities, explains anthropologist Michael Jindra, is that they are gaining more ways to indulge in entertainment and leisure: Dr. Continue Reading...

January 03, 2014

Strong Marriages Make Strong Economies

The decline of marriage and fertility is one factor in the global economic crisis, says sociologist W. Bradford Wilcox: The long-term fortunes of the modern economy depend in part on the strength and sustainability of the family, both in relation to fertility trends and to marriage trends. Continue Reading...

January 02, 2014

Rev. Sirico: Pope Francis, without the politics

Writing in The Detroit News, Rev. Robert A. Sirico looks at Pope Francis’ recent Apostolic Exhortation, the “much talked about, but little-read” document titled “The Joy of the Gospel” with a special emphasis on how the pontiff understands the problem of poverty. Continue Reading...

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