Acton Institute Powerblog Archives

Post Tagged 'economic growth'

September 05, 2013

10 Perils of Prosperity

Sustained prosperity is new and sustained prosperity for masses of people is completely unprecedented. What is sustained prosperity? It’s three or more generations of people who do not need to focus on survival or live in economic depression, but who can live comfortably even if they live paycheck to paycheck. Continue Reading...
June 04, 2013

How Did the Global Poverty Rate Halve in 20 Years?

From 1990 to 2010, the global poverty rate dipped from 43% to 21%. The Economist explains why the rate halved in twenty years: How did this happen? Presidents and prime ministers in the West have made grandiloquent speeches about making poverty history for fifty years. Continue Reading...
April 08, 2013

Texas: Big, Hot, Cheap and Right in the New York Times!

Brian Burrough has a mostly enjoyable New York Times review of a book that’s mostly positive about my native state’s mostly small-government formula for economic growth. Some excerpts: Ms. Grieder, a onetime correspondent for The Economist who now works at Texas Monthly, and a Texan herself, has written a smart little book that … explains why the Texas economy is thriving. Continue Reading...
October 04, 2011

Trade with China, or Blockade Their Ports?

Congress insults our intelligence when it tells us that Chinese currency games are to blame for our trade deficit with that country and unemployment in our own. Legislators might as well propose a fleet of men-o’-war to navigate the globe and collect all its gold: economics is not a zero-sum game. Continue Reading...
September 15, 2011

Rev. Sirico: ‘Jobs & deficits — the moral equation’

Writing in today’s Pittsburgh Tribune-Review, Rev. Robert A. Sirico, president and co-founder of the Acton Institute: Jobs & deficits — the moral equation By Rev. Robert A. Sirico Thursday, September 15, 2011 The Genesis account of creation tells us that from the beginning, humanity was created to work. Continue Reading...
July 26, 2011

Senator Reid Punts on Necessary Reforms

Yesterday Senator Harry Reid finally proposed a budget plan – one week before the United States is set to default. It is about time that Senate Democrats joined President Obama and House Republicans in offering a concrete budget proposal; however, their budget plan passes the buck onto future generations. Continue Reading...