Acton Institute Powerblog Archives

Post Tagged 'economics'

How Debit Cards Can Fight Street Crime

When bank robber Willie Sutton was asked why he robbed banks, he is (mis)quoted as having said, “Because that’s where the money is.” Turns out that is also why there is more street crime in poorer neighborhoods: because that’s where the cash is. Continue Reading...

Lorde, Poverty, and Envy

At Reason Thaddeus Russell argues that Macklemore and Lorde embody a kind of progressive cultural critique of capitalism, captured in the attack on “conspicuous consumption” made famous by Thorstein Veblen. Russell traces the “progressive lineage” of this critique: “Their songs continue a long tradition, rooted in progressivism, of protests against the pleasures of the poor.” Continue Reading...

Visualizing ‘The Forgotten Man’

In November of last year, we had the privilege of welcoming bestselling author Amity Shlaes for a visit here at the Acton Building while she was in Grand Rapids to speak about Calvin Coolidge at Grand Valley State University’s Hauenstein Center for Presidential Studies. Continue Reading...

Bill Gates on Poverty and Inequality

In a recent interview with Rolling Stone, Bill Gates — the richest man in the world — shares his thoughts on poverty and inequality: Should the state be playing a greater role in helping people at the lowest end of the income scale? Continue Reading...

Orthodoxy and Ordoliberalism

Today at Red River Orthodox, I offer a brief introduction to the liberal tradition for Orthodox Christians living in the West: Liberalism, historically, is a broad intellectual tradition including a large and disparate group of thinkers. Continue Reading...