economics

April 20, 2015

Detroit: ‘It Didn’t Have To Be This Way’

Both my parents grew up in Detroit, and my childhood was filled with great trips to visit family for holidays and in the summer. The downtown Hudson’s store was always a destination. Continue Reading...

April 16, 2015

Capitalism: It’s what all the cool kids do

I grew up in a very small town. Our fashion purchases were limited to the dry goods store (yes, it still went by that name) which carried things like Buster Brown shoes and sensible sweaters, or the grain elevator, where you could buy durable overalls for farm work. Continue Reading...

April 13, 2015

Andy Warhol, Boredom, And Poverty

AEI’s Arthur Brooks offers up an interesting take on solutions to poverty. He thinks the key lies in “boring things,” and his inspiration is artist Andy Warhol. I often ask people in my business — public policy — where they get their inspiration. Continue Reading...

April 06, 2015

How Minimum Wage Laws Are Like Geocentrism

Geocentrism was the belief that the sun, the planets, and all the stars revolve around the Earth. The alternative view—heliocentricism—had been around since the 3 BC but was not taken seriously until the 16th century AD. Continue Reading...

March 31, 2015

Can We End Extreme Poverty by 2030?

Can the world put an end to extreme poverty within the next 15 years? That’s the current goal of the World Bank, and its expected that the United Nations will adopt that same target later this year. Continue Reading...

March 25, 2015

Corruption And Bribery: The Cost Of Health Care In Central And Eastern Europe

It is no secret that rule of law in places like Slovakia is weak. Corruption, pay-offs, bribes and twisted use of power often pass for “rule of law.” However, this problem has infected health care as well, which means those who are able to bribe the doctor or health care worker is the one who will get the care. Continue Reading...

March 24, 2015

Video: Rev. Robert A. Sirico Interviewed on Argentinian Television – Poverty, Politics, and Pope Francis

Acton Institute President and Co-Founder Rev. Robert A. Sirico was in Argentina last week for Acton’s conference in Buenos Aires on Christianity and the Foundations of a Free Society, which is part of a series of Acton conferences being held around the world on the relationship between religious and economic freedom. Continue Reading...

March 20, 2015

Women Of Liberty: Jane Marcet

Jane Marcet is remembered most often for her scientific work in chemistry. Born in London in 1769, she was well-educated, and shared a passion for learning with her father. When she married Alexander Marcet, a physician, she would proof-read his work and eventually decided to publish her own thoughts. Continue Reading...

March 06, 2015

Unemployment as Economic-Spiritual Indicator — February 2015 Report

Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for communities. Continue Reading...

March 03, 2015

Video & Audio: Sirico on Fox News, Gregg on Relevant Radio

On Friday afternoon, Acton Institute President Rev. Robert A. Sirico joined Neil Cavuto on Fox News Channel to discuss the notable lack of outrage on the part of the media in response to the slaughter of Christians by terrorist organization ISIS. Continue Reading...

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