economics

June 29, 2015

Big Oil Advocacy for Carbon Taxes

Today at The Federalist I explore “Why Big Oil Wants A Carbon Tax.” Perhaps such advocacy isn’t just made out of a sense of global citizenship and environmental stewardship. On the surface such advocacy may seem counter-intuitive. Continue Reading...

June 23, 2015

Samuel Gregg On The Dangers Of Public Debt, Welfare State

In today’s Public Discourse, Acton’s director of research, Samuel Gregg, discusses the enormous debt crisis the U.S. and many nations currently face. While debt crises are hardly new, Gregg states, America’s current debt situation is frightening. Continue Reading...

June 23, 2015

Uncle Sam As Financial Enabler

Economist Nicole Gelinas, a fellow at the Manhattan Institute, explains the recent financial crisis in this brief video. Did banks fail us? No, she says. The problem is that the U.S. Continue Reading...

June 15, 2015

Crank Up The Air Conditioning: It’s Good For The Economy

If you are of a “certain age,” you grew up without air conditioning. As unthinkable as it is now, we made due with window screens and fans. And we survived. Honestly, it was pretty miserable sometimes. Continue Reading...

June 12, 2015

Why Family Is Central To A Healthy Society

In this short video, Allan Carlson of the Howard Center for Family, Religion & Society describes the importance and centrality of the family to a health society. Families that work together in some endeavor tend to be healthier, are able to care for themselves and thus become the foundation of a sound economy and society. Continue Reading...

May 20, 2015

The Myth of Homo Economicus

“As a social psychologist, I have long been amused by economists and their curiously delusional notion of the ‘rational man.’” writes Carol Tavris. “Rational? Where do these folks live?” In a review of behavioral economist Richard Thaler’s new book, Misbehaving: The Making of Behavioral Economics, Tavris notes how economists are slowly beginning to see — or, one could argue, finally returning to the notion — that the discipline ought treat man as more than a mere robot or calculator. Continue Reading...

May 19, 2015

Samuel Gregg On Free Trade, Trans-Pacific Partnership And The Church

The controversial Trans-Pacific Partnership (TPP), backed by many Republicans and President Obama, hit a snag Tuesday when key Democrats spoke out against the agreement. What exactly is the TPP? It is a free trade agreement with 12 nations (including China and Japan) that purports to increase economic growth, jobs and free trade. Continue Reading...

May 15, 2015

How To Turn The American Dream Into A Nightmare

If one decides to destroy the American Dream, there are a few steps that would be necessary. Put Big Government in charge. The average American can’t figure out his or her own dreams, let alone what it would take to make them a reality. Continue Reading...

May 13, 2015

Kishore Jayabalan: Pope Francis, The Economy And Missing The Mark

Kishore Jayabalan, Director of Istituto Acton in Rome, evaluates a new book on Pope Francis and the economy. The book, Papa Francesco: Questa Economia Uccide [Pope Francis: This Economy Kills], is written by two Italian journalists known for skirting the ethical standards for Vatican journalists. Continue Reading...

May 11, 2015

Raising The Minimum Wage Is The Right Thing To Do: Wherein Robert Reich Gets It All Wrong

Robert Reich seems to be a smart man. He served under three presidents, and now is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. Continue Reading...

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