economics

May 27, 2020

Acton Line podcast: Is it time for a universal basic income?

For over two years, former Democratic presidential candidate Andrew Yang campaigned across the country, building a coalition along the political spectrum. The main promise driving Yang’s campaign was his “freedom dividend,” a guaranteed income of $1,000 per month for every American citizen. Continue Reading...

May 18, 2020

How John Paul II reminded us that liberty and truth are inseparable

On the occasion of the 100th anniversary of the late John Paul II’s birth, it’s worth underscoring that one theme which permeated his pontificate from its beginning to the end was that of truth. Continue Reading...

May 18, 2020

The 1619 Projection: 3 lies Pulitzer should not reward

The 1619 Project’s introductory essay, written by Nikole Hannah-Jones, won the Pulitzer Prize for commentary—and, notably, not for history or public service. That distinction is illuminating. The 1619 Project makes unfounded assertions about the role of slavery in American political and economic history, and it inverts reality to portray slave owners as the embodiment of free-market principles. Continue Reading...

May 14, 2020

Rev. Sirico: How central planning created tunnel vision on COVID-19 response

Did central planning in health care and government make the COVID-19 pandemic worse by making the response more ineffective? Rev. Robert Sirico, president and co-founder of the Acton Institute, offers his thoughts on how centralization in health care and the economy has marginalized other perspectives and pushed aside notions of subsidiarity. Continue Reading...

May 08, 2020

Rev. Sirico: How to heal soul, body and economy after a pandemic

The government-focused debate over how to emerge from the coronavirus shutdowns has been too dismissive of faith and private initiative, says Acton Institute President and Co-founder Rev. Robert A. Sirico in a new radio interview. Continue Reading...

Rev. Robert A. Sirico at the 2019 Acton Annual Dinner

May 05, 2020

The great price of America’s great lockdown

One reason why economists are viewed as modern-day Cassandras is that they tell us many things we don’t want to hear. Economics points relentlessly to the costs and benefits associated with particular decisions about alternative uses of scarce resources. Continue Reading...

May 01, 2020

Markets, populism and a fading American dream

The political divisions that started erupting across America in 2015 are about many things. These include the meaning of national sovereignty, the sense of a growing chasm between the political class and everyone else, and angst about what many believe to be unwarranted accelerations in wealth and income inequalities. Continue Reading...

April 29, 2020

Acton Line podcast: COVID-19 and job loss: Where do we go from here?

The United States has been in a state of emergency since mid-March as a result of the COVID-19 outbreak. In order to slow the spread of the virus, states have implemented various measures, including shelter-in-place orders, forcing millions of Americans to stay at home. Continue Reading...

April 22, 2020

COVID-19, socialized medicine and ‘deaths of despair’

The American healthcare industry is undergoing a massive stress test known as the coronavirus. For months and years to come, analysts will be issuing their opinions about just how well that industry performed under the incredible, sudden surge of the pandemic. Continue Reading...

April 02, 2020

No one knows what a return to ‘normalcy’ after COVID-19 will look like

At some point, not today but perhaps in the next few weeks, we will be having more conversations about getting people back to work and restoring the $21 trillion U.S. economy. Continue Reading...

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