What is Crony Capitalism?

Here on the Acton PowerBlog we talk a lot about crony capitalism. But what exactly does the term mean? And why is it so bad? In this short video from Prager University, Jay Cost, a staff writer at The Weekly Standard, explains what it is, why it’s wrong, and proposes a solution that every society could benefit from. Continue Reading...

The dangers of political populism

Reason doesn’t seem to have had a significant influence in the election thus far. Populism, on the other hand, has been having a good run. Despite Donald Trump and Bernie Sanders appealing to very different groups and offering seemingly different platforms, they’re both populists. Continue Reading...

O.S.B. – Oh Sacred Business

O.S.B, the abbreviation for the Order of St. Benedict, has taken on nuanced meaning: Oh Sacred Business.  This is definitely true of a profitable Benedictine company located in Norcia, the medieval birthplace of St. Continue Reading...

Religion & Liberty: Land of Milk and Honey

The first issue of Religion & Liberty in 2016 will explore several topics from a variety of faith traditions: entrepreneurship, the International Criminal Court, business philosophy, common grace and the 18th-century British abolition movement. Continue Reading...