Acton Institute Powerblog Archives

Post Tagged 'Derek Thompson'

The Curious Task of ‘Abundance’

In their new and highly anticipated book, Abundance, Ezra Klein and Derek Thompson, both journalists and bestselling authors who align ideologically with the political left and American liberalism, refreshingly advocate for growth and abundance. Continue Reading...

7 Figures: Lotteries in America

At The Atlantic, Derek Thompson provides some depressing numbers related to lotteries in America. Here are seven figures you should know from his article: 1. Americans spend more on lottery tickets than on sports tickets, books, video games, movie tickets, and recorded music sales combined — $70 billion on lotto games in 2014. Continue Reading...

The Lottery as Aspirational Insurance

Whether the lottery is, as the old adage states, a tax on people who are bad at math, it is most certainly a tax on the poor. Those who have the least spend an inordinate percentage of their income every year on lottery tickets (estimates vary from 4-9%). Continue Reading...

Biased in Favor of the Entrepreneur State

Yesterday I argued that since bias is inherent in institutions and neutrality between individual and social spheres is illusory we should harness and direct the bias of institutions towards a free and virtuous society characterized by individual liberty and sustained by religious principles. Continue Reading...