Acton Institute Powerblog Archives

Post Tagged 'economist'

September 04, 2014

Notes on the Question of Inequality

This summer’s issue of The City, which includes an article by myself on Orthodoxy and ordered liberty, opens with a symposium of five articles on “The Question of Inequality.” These include two articles on Pope Francis, two on French economist Thomas Piketty’s recent book Capital in the Twenty-First Century, and one on the Bible. Continue Reading...
September 04, 2014

How to Turn Corn into Cars

Imagine if a scientist was able to create technology that turns corn into cars. As economist Bryan Caplan explains, we already have such an innovation: foreign trade. Caplan argues that foreign trade is a form of technology that lowers our cost of living and increases our standard of living. Continue Reading...
August 28, 2014

Explaining Social Mobility Using Legos

“Can you explain that important economic concept using Legos?” Apparently, someone must have said that to Richard Reeves, an economist at the Brookings Institution economist, because he’s made a brief video using Legos to visualize social mobility. Continue Reading...
July 07, 2014

The Economic Legacy of World War I

The Great War began 100 years ago last week. From an economic perspective (from Pulitzer Prize economist Liaquat Ahamed) the European nations paid for WWI not with taxes, but with massive debts financed largely by America. Continue Reading...