Acton Institute Powerblog Archives

Post Tagged 'Business/Finance'

February 25, 2014

Uber Cab Driver: ‘I Feel Emancipated’

On-demand ride-sharing services such as Uber and Lyft are on the rise, allowing smartphone users to request cab drivers with the touch of a button. But though the services are popular with consumers and drivers alike, they’re finding less favor among their taxi-company competitors and the unions and government bureaucrats who protect them. Continue Reading...
February 20, 2014

Samuel Gregg: ‘Our Minimum-Wage Circus’

Acton’s Director of Research, Samuel Gregg, recently  wrote about the effects of raising the minimum wage at the National Review Online. The latest CBO report estimates that increasing the minimum wage to over $10/hour in 2016 will not greatly affect the poorest in society; it is estimated that this increase will only help 2% of those living in poverty. Continue Reading...
February 19, 2014

The 1%: Who Are They Really?

The much-maligned 1%. Websites are devoted to getting them to spread their wealth. They are called self-pitying, greedy…just all-around bad folk. Really? In today’s Wall Street Journal, James Piereson says the 1% are actually hard-working people like the rest of us. Continue Reading...
February 04, 2014

Hobby Lobby Owners Speak Out on HHS Mandate

In a new video from the Becket Fund for Religious Liberty, the Green Family, owners of the embattled retail chain, Hobby Lobby, discusses the religious foundation of their business and the threat the federal government now poses to those who share their beliefs. Continue Reading...
January 27, 2014

HHS Mandate: Hobby Lobby Explains Its Stance

Hobby Lobby, an arts and crafts retailer with 588 stores across the U.S. is involved in a federal lawsuit against the HHS mandate. Aided in their legal fight by The Becket Fund, Hobby Lobby wants people to know what is at stake in their fight against the federal government’s mandate that employers must include birth control, abortifacients and abortions in employee health care coverage. Continue Reading...
January 08, 2014

Detroit’s ‘Get out of Bankruptcy Free’ Card

Aaron M. Renn’s reflections on the implications of Detroit’s bankruptcy are worth reading, especially as relate to the DIA, a topic of some previous interest over the last year or so: In the case of the DIA, the city owns the museum and the collection. Continue Reading...
December 31, 2013

Cooperation Makes Markets Thrive

In a recent piece for the Wall Street Journal, Emory economics professor Paul H. Rubin makes an interesting argument about the way economists tend to over-elevate and/or misconstrue the role of competition in the flourishing of markets. Continue Reading...
December 11, 2013

Inflation and the Minimum Wage

In yesterday’s edition of The Transom, which I highly recommend, Ben Domenech included a discussion that places the debates over raising the minimum wage within the broader context of the effects of inflation more generally. Continue Reading...