Acton Institute Powerblog Archives

Post Tagged 'economics'

Acton ad campaign update

Acton is wrapping up a three-month project that had print advertisements running in several publications: WORLD, Crisis and the Michigan Catholic. The idea is to get people thinking about the economic consequences of trade policies and the power of entrepreneurial creativity. Continue Reading...

Why Johnny can’t compete with Sanjay

The math and science skills of American high schoolers and college students continue to erode. Michael Miller looks at the implications for U.S. economic competitiveness and offers some suggestions for fixing what ails the schools. Continue Reading...

Created imago Dei

Winners of the 2005 Acton Essay Competition have been announced. The topic for the 15th annual competition: The human person, by virtue of being created imago Dei, is an independent being, individually unique, rational, the subject of moral agency, a co-creator, and inherently social. Continue Reading...

Foreign aid vs. economic freedom II

Jay Richards’ previous post on Richard Rahn’s article “Not Rocket Science” illustrates Huxley’s famous statement about a fact destroying a theory. Jay quotes Rahn’s lists of the politicians and development experts who support increased foreign aid. Continue Reading...

Everyone is valuable

An excellent post by Bryan Caplan at EconLog examines the intentions of eugenics against the actual effects of the implementation of such policies. His point? “Even if genetics explained ALL differences in success, many policies that raise average genetic quality would backfire.” Continue Reading...

Does American charity cheat the tax man?

A Stanford expert on philanthropy argues that tax-deductible American charity is actually a government subsidy and that philanthropy is not ‘redistributive’ enough. Acton’s Karen Woods points out (obvious to most) that helping the needy is not the exclusive domain of the state. Continue Reading...

A harsh but good market

Apologies for a second Apple-related post in a row, but I thought this example might prove to be a decent case-study of competition in the marketplace. One of the new products that Apple recently introduced was iWeb, a new program that makes it easy “to create websites and blogs — complete with podcasts, photos and movies — and get them online, fast.” Continue Reading...

Speaking of oil

Arnold Kling at the excellent EconLog says that “the government should empty its strategic petroleum reserve and buy energy futures contracts instead. At some point, the futures market has to be taken seriously.” Continue Reading...

A tale of two monopolies

Monopoly #1: I was somewhat shocked the other day when I heard a strong critique of the much-vaunted Canadian national health care system on NPR. I wasn’t dreaming – here’s the link to prove it. Continue Reading...

2006 Index of Economic Freedom

The new Heritage Foundation/Wall Street Journal report on economic freedom is out, and the findings couldn’t be more straightforward. “The countries with the most economic freedom also have higher rates of long-term economic growth and are more prosperous than are those with less economic freedom,” the report says. Continue Reading...