Month: February 2016

February 17, 2016

The Executive’s Conscience: Where Work and Wage Meet

“The twin tracks of work and wage do not meet, and cannot be scientifically related. They are bridged by morality, not by mathematics.” -Lester DeKoster Low-wage workers continue to picket and protest around the country, demanding an increased minimum wage, improved access to benefits, and better working conditions. Continue Reading...
February 16, 2016

Politics and the Successful Businessperson Fallacy

Michael Bloomberg and Donald Trump are both businessmen, both are politicians, and both are billionaires. Obviously, then, they must know a lot about economics, right? Not necessarily. As Don Boudreaux — a man who does know a lot about economics — correctly points out, success at business does not imply knowledge of economics: Knowing how to run a business is not the same thing as knowing economics.   Continue Reading...
February 15, 2016

The Full Text of the Joint Declaration of Pope Francis and Patriarch Kirill

Last Friday, for the first time in history, a Roman Catholic pontiff and the leader of the Russian Orthodox Church met face to face. According to Vatican Insider, Metropolitan Hilarion said in a press conference prior to the event that the historic meeting between the Patriarch of Moscow and the Pope “had been in the making for about 20 years” but was speeded up by the “Christian genocide” being caused by terrorists. Continue Reading...
February 15, 2016

Is Donald Trump a mercantilist?

Being “pro business” doesn’t necessarily mean “pro free markets.” Reality TV star and wannabe Republican presidential nominee, Donald Trump reminds us of this. Writing for The Stream, Acton’s Director of Research, Samuel Gregg, argues that not only does Trump seem to be a mercantilist, but, if implemented, this medieval economic system would weaken the United States. Continue Reading...
February 15, 2016

Antonin Scalia: True Friend of the Constitution

One of the many great things about living in Europe is getting the chance to meet famous Americans visiting the Old Continent. They tend to be more relaxed and accessible than they ever would be in the United States, which means you may actually manage to have a pleasant conversation with them without others trying to jostle their way between you. Continue Reading...