Acton Institute Powerblog Archives

Post Tagged 'economics'

June 09, 2014

John Nash: A Beautiful Austrian Mind?

My older son’s college psychology class was recently assigned the film A Beautiful Mind, about the Nobel Prize winning economist and schizophrenia sufferer John Nash. The assignment was to watch the film, dig into Nash’s biography, and report on how the film altered Nash’s story of mental breakdown and recovery. Continue Reading...
June 05, 2014

What Christians Should Know About Unemployment

Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries in the series see this post.  The Term: Unemployment What it Means: If you consult a dictionary, you’ll find a number of commonsensical definitions for unemployment: the state of being without a job; being without a paid job but available to work, etc. Continue Reading...
May 28, 2014

‘Timothy Geithner is a Moral Hazard’

Acton’s Director of Research, Samuel Gregg, recently wrote an article at Aleteia about the recent Great Recession and Former president of the Federal Reserve Bank of New York and Treasury Secretary Timothy Geithner’s book, Stress Test: Reflections on Financial Crises. Continue Reading...
May 23, 2014

Cardinal Dolan: The Pope And Economic Prosperity

Much has been said about Pope Francis’ views on economics (in fact, you can read Acton’s Special Feature on this here.) In The Wall Street Journal, Cardinal Timothy Dolan of New York, discusses how the media has skewed Francis’ remarks as endorsing redistribution and denouncing capitalism. Continue Reading...
May 23, 2014

‘Brave New Welfare State:’ 50 Years Of The War On Poverty

As noted here on the Acton PowerBlog earlier this week, 2014 marks the 50th anniversary of Lyndon B. Johnson’s declaration of war on poverty. Economist Nicholas Eberstadt, in an interview with the American Enterprise Institute, discusses what he calls the “brave new welfare state” we now have due to over-grown public assistance and unintended consequences of government programs. Continue Reading...
May 22, 2014

Audio: Sirico on The Pope and Economics; Gregg on Minimum Wage

A couple of interviews to bring you up to speed on from that last couple of days: First of all, here’s Acton Director of Research Samuel Gregg on the GRN Alive morning show on the Guadalupe Radio Network this morning to discuss current efforts to raise the federal minimum wage, giving his analysis on the likely impact of such a move on the economy and the job market. Continue Reading...