Month: October 2016

October 18, 2016

How to read a supply curve

Note: This is the sixth post in a weekly video series on basic microeconomics. Last week we took a deeper look into the demand curve, examining how to read the demand curve, how demand curves shift, and consumer surplus. Continue Reading...
October 17, 2016

7 Figures: How young Americans view socialism, communism, and capitalism

The Victims of Communism Memorial Foundation recently released its annual report on U.S. attitudes towards socialism. Here are seven figures you should know from the survey: 1. The percentage of millenials who are unfamiliar with: Mao Zedong (42 percent), Che Guevara (40 percent), Vladimir Lenin (33 percent), Karl Marx (32 percent), Vladimir Putin (18 percent), Joseph Stalin (18 percent). Continue Reading...
October 17, 2016

Rev. Sirico on defending the free market

Why should we care about human dignity, creativity and flourishing? Why value human creativity? Why even believe that human beings possess dignity and rights? As Rev. Robert Sirico writes in the Washington Times, the free market system assumes, rather than defends, the value of all these things—something easy to miss because most of us share these sentiments. Continue Reading...
October 15, 2016

Video: Rev. Sirico On The Podesta Emails

Rev. Robert A. Sirico, President of the Acton Institute, joined host Neil Cavuto on Fox News Channel’s The Cost of Freedom this morning to discuss the controversial comments about conservative Catholics and Evangelicals by Hillary Clinton campaign manager John Podesta and other campaign staffers in a recently released batch of hacked emails from Wikileaks. Continue Reading...
October 14, 2016

Sed contra: Taxation is theft

Over at the Libertarian Christian Institute, Jamin Hübner engages my reflection on taxation and Sam Gregg’s book, For God and Profit, with his sed contra: “But what if the ‘taxation is theft’ creed is consistent with both Christian and libertarian ideas, and that all things considered, taxation really is theft? Continue Reading...
October 14, 2016

Trump is the lewd American male

The implosion of Donald Trump’s campaign is a reminder that at the end of the day, character matters more than professional success or political commitments. At the beginning of the second presidential debate Donald apologized again for the lewd comments recorded during a private discussion with Billy Bush in 2005 in which he boasted of romantically pursuing married women and groping others. Continue Reading...
October 13, 2016

Bob Dylan wins Nobel Prize in Literature

When Bob Dylan wrote, “The Times They Are A Changin’,” I doubt he had the Swedish Academy in mind. Nevertheless, by awarding him the 2016 Nobel Prize in Literature the Academy has made a bold statement for a change in the way songwriting is viewed as literature. Continue Reading...