During a Martin Luther King Day discussion with the writer Ta-Nehisi Coates, Representative Alexandria Ocasio-Cortez, D-N.Y., made clear that she is not just a democratic socialist but a Marxian one. Evie Fordham of Fox Business has written a helpful summary of the remarks, including Ocasio-Cortez’s concise explanation of the Marxist theory of the exploitation of labor:
“No one ever makes a billion dollars. Continue Reading...
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January 23, 2020
Drucker on Christianity and the ‘roots of freedom’
This is the seventh in a series of essays on Peter Drucker’s early works.
In his 1942 book, The Future of Industrial Man, Peter Drucker pointed to the Christian anthropology of man as a promising building block for society. Continue Reading...
January 22, 2020
Worried about climate issues and poverty rates? Andrew McAfee has good news
Things are getting better. A lot better. If you spend a significant amount of time watching cable news, this may come as a surprise. So, how much better is the world getting? Continue Reading...
January 22, 2020
Acton Line podcast: Why we need Sir Roger Scruton’s true conservatism
When Sir Roger Scruton passed away at the age of 75 on January 12, the world lost a giant in philosophy. Scruton wrote approximately 50 books on topics ranging from food to music to conservative thought, and in 2016 he was knighted for his contribution to philosophy and education. Continue Reading...
January 22, 2020
Lunch lady equality: The fruits of Sweden’s ‘good socialism’
Sweden is often hailed for its sweeping cultural and political emphasis on the equality of all things. But while the popular discourse tends to center on its progressive economic policies and far-reaching public services, the country’s focus on fairness stretches across the spheres of Swedish society—including, more recently, its school cafeterias. Continue Reading...
January 21, 2020
Bernie Sanders tweets a recipe for exacerbating the housing crisis
Note: An expanded version of this post was released as this week’s Acton Commentary.
This week, Democratic presidential hopeful Senator Bernie Sanders, I-VT, tweeted the following reaction to a story from The Economist describing rising American rent payments:
This is a crisis. Continue Reading...
January 21, 2020
Samuel Gregg reviews ‘Islam: Menace or Challenge?’
In his new book, “L’Islam: menace ou défi?” (“Islam: Menace or Challenge?”), Bishop Dominique Rey addresses how Catholics in Europe can best respond to the growth of Islam throughout the continent. Continue Reading...
January 21, 2020
Trump to Davos: Reject the ‘prophets of doom’
President Donald Trump told the world’s foremost government and business leaders to reject the “prophets of doom” and follow “the great American comeback” during his speech to the World Economic Forum in Davos, Switzerland, today. Continue Reading...
January 20, 2020
2019 Best sellers: Surprises in the Acton Book Shop
Book sales data is hard to come by. Publishers keep their sales numbers close to their chest. The information is valuable. It shapes which authors, designers and editors publishers cultivate as well as which topics, genres and formats they invest in. Continue Reading...
January 20, 2020
Donald Boudreaux on why Oren Cass’s comparative advantage is not discussing comparative advantage
Last week I wrote about the basic economic illiteracy behind of Oren Cass’s case for industrial policy. So basic were the mistakes that I thought perhaps I had misread Cass’s argument. Continue Reading...