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March 22, 2013

Cash for Young Entrepreneurs

The Hitachi Foundation is accepting applications for its 2013 Yoshiyama Young Entrepreneur Award, which identifies up to five young people striving to build “sustainable businesses” in the United States. Each awardee will receive $40,000 over two years, along with the tools and training designed to put a startup on the path to success. Continue Reading...
March 22, 2013

What Economics Can’t Explain

Tyler Cowen has an interesting column in last Sunday’s New York Times, arguing that despite run-of-the-mill objections to “cold” and “heartless” economic analysis, economics is, as a science, “egalitarian at its core”: Economic analysis is itself value-free, but in practice it encourages a cosmopolitan interest in natural equality. Continue Reading...
March 22, 2013

Young Adults Lag In Wealth Building

According to a new study by the Urban Institute, “when it comes to saving, owning a home, paring down debt, and growing a retirement nest egg, those under age 40 have stagnated as their parents’ generation accumulated.” Continue Reading...
March 21, 2013

Nuns, 60 Minutes, Go After Rep. Paul Ryan

Last week’s spike in gasoline prices hasn’t slowed Nuns on the Bus a whit. The nuns and Network, their parent organization, are squeezing every drop of mileage out of their new-found fame, which has more to do with supporting liberal causes than reflecting church principles of caring for the poor and limiting government’s role in the private sector. Continue Reading...
March 20, 2013

Audio/Video: Rev. Robert A. Sirico on Pope Francis

Something new and something a bit older today for our PowerBlog readers. First of all, Rev. Robert A. Sirico, President of the Acton Institute, joined host Mary Jones of The Mary Jones Show in Connecticut to discuss the Inaugural Mass of Pope Francis as well as how he is likely to handle some of the issues he will confront as he takes the helm at the Vatican. Continue Reading...