Economics

August 02, 2016

The martyrdoms of labor

In recent years, Christian leaders, teachers, and pastors have put renewed focus on the importance of integrating faith and work, recognizing the eternal significance of economic activity. Yet despite the array of resources and solid teaching on the subject, many Christians continue to struggle with feelings of apathy or ambivalence when it comes to their work. Continue Reading...

July 29, 2016

Why Milton Friedman’s Capitalism and Freedom is still relevant today

As we approach what would be Milton Friedman’s 104th birthday this Sunday, July 31st, we should note the enduring significance of his evaluation of the connection between economic and political freedom. Continue Reading...

July 22, 2016

Explainer: What You Should Know About the Republican Party Platform (Part II)

Note: This second article in a two-part series on the Republican Party Platform. Part I can be found here. In the previous article we looked at summary outline of the Republican platform as it relates to several non-economic issues covered by the Acton Institute. Continue Reading...

July 20, 2016

How Doctors Send You the Bill for Their Student Loans

A solid case could be made that the most powerful natural law in the universe is the “law of unintended consequences.” It’s definitely the dominant force when it comes to public policy. Continue Reading...

July 20, 2016

The Harmful Effects of Protectionism

What is the biggest economic problem that the U.S. is currently facing? Depends who you ask. Some social justice warriors would tell you that capitalism is ruining our economy, yet many who have studied and understand economics would argue the opposite. Continue Reading...

July 20, 2016

The Halo Effect: The Economic Value of the Local Church

As church attendance continues to decline across the West, many have lamented the spiritual and social side effects, namely a weakening of civil society and the fabric of community life. What’s less discussed, however, is the economic impact of such a decline. Continue Reading...

July 20, 2016

The benefits of free global trade

In a new piece written for Public Discourse, Samuel Gregg revisits crucial points made by Adam Smith in his classic “Inquiry into the Nature and Causes of the Wealth of Nations,” in which Smith argues for an embrace of international trade. Continue Reading...

July 19, 2016

The real reason the economy is ‘rigged’

Vox recently published an article claiming that Charles Koch is right and Bernie Sanders is wrong about how the economy is rigged. Both agree that there are laws that unfairly favor some financially over others. Continue Reading...

July 19, 2016

Deirdre McCloskey on Spiritual Change in the Great Enrichment

In Dierdre McCloskey’s latest book, Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World, she builds on her ongoing thesis that our newfound prosperity is not due to systems, tools, or materials, but the ideas, virtues, and rhetoric behind them. Continue Reading...

July 19, 2016

The ‘Shale Revolution’ is Re-energizing U.S. Manufacturing

U.S. manufacturing is making a comeback, says Mark Perry economist at AEI. Because of innovative fracking technologies that have made shale gas abundant and cheap, manufacturing jobs are quickly returning to the United States, as the cost advantage of producing overseas disappears. Continue Reading...

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