Free Enterprise

May 12, 2021

Examining the moral basis of Pope Francis’ pleas for financial regulation – and the morality of ‘speculation’

In his Prayer Intentions for May 2021, Pope Francis is asking that Catholics pray for strict regulation of financial markets to protect the poor. But is strict government oversight what really protects the vulnerable from financial harm? Continue Reading...

May 10, 2021

Biden’s ‘stimulus’ for a growing economy is all about central control

Proposals for “economic stimulus”, the use of monetary or fiscal policy to stimulate the economy, have become a permanent fixture of our politics. President Joe Biden recently proposed $1.8 trillion dollars in additional “economic stimulus” in the form of the American Families Plan. Continue Reading...

February 12, 2021

China’s BBC ban is a warning for those who could crack down on ‘fake news’

Shortly after the Capitol riot, Rep. Alexandria Ocasio-Cortez stated, “We’re going to have to figure out how we rein in our media environment so that you can’t just spew disinformation and misinformation.” Continue Reading...

February 02, 2021

Economic policy should focus on economic issues

With any new presidential administration comes new policies. That’s part of the electoral calculus made by the American people every four years. Different presidents have different priorities. No one expects otherwise. Continue Reading...

December 02, 2020

Walter Williams, RIP

The world has lost a voice for logic, liberty, and love of the U.S. Constitution. Economist Walter Williams died overnight at the age of 84. Williams worked his way out of grinding poverty in the Philadelphia housing projects to chair George Mason University’s economics department, author 10 books and more than 150 publications, and become one of the most recognized commentators of the last four decades. Continue Reading...

May 01, 2020

Why I worked this May Day

Today, I am working from Rome. It is Labor Day here–La Festa dei lavoratori–one of those many guaranteed Italian holidays which we are not supposed to spend in the office. Continue Reading...

April 01, 2020

April Fools’ Day: Italians are not joking around anymore as civil unrest builds

Culturally the first of April – April Fools’ Day – is the same in Italy as in America. It’s a day of practical jokes and laughs. Only here it’s called April Fish Day, because it is related to the ancient end of the Pisces or Fish sign in the zodiac. Continue Reading...

March 30, 2020

How freer markets can help during the coronavirus crisis with Rev. Robert Sirico

As the COVID-19 pandemic continues, Rev. Robert Sirico, president and co-founder of the Acton Institute, shares thoughts on how reducing regulatory and tax burdens can help our struggling economy as we fight the virus. Continue Reading...

January 20, 2020

Donald Boudreaux on why Oren Cass’s comparative advantage is not discussing comparative advantage

Last week I wrote about the basic economic illiteracy behind of Oren Cass’s case for industrial policy. So basic were the mistakes that I thought perhaps I had misread Cass’s argument. Continue Reading...

November 25, 2019

Stephanie Slade on markets, planning, and Catholic social teaching

Stephanie Slade writes in next month’s edition of Reason Magazine about, ‘Regulation and ‘the Right Ordering of Economic Life” according to Catholic social teaching: The Church’s surprising lesson for partisans of big government is that the best tools for correctly ordering economic life are found in the choices of individual market actors. Continue Reading...

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