Acton Institute Powerblog

Promoting free societies characterized by liberty & religious principles

Author of ‘Aquinas and the Market’ wins Vatican’s Economy and Society prize

  Yesterday, Prof. Mary Hirschfield of Villanova University received the prestigious “Economy and Society International Prize”, a €30,000 biennial award given by the Vatican’s Centesimus Annus Foundation. The dual doctoral degree holder in economics and theology was granted the prize money for her groundbreaking book Aquinas and the Market: Toward a Humane Economy (Havard University Press, 2018). Continue Reading...

What did Emmanuel Macron offer the yellow vest protesters?

After yellow vest protests raged in the streets of Paris for 23 consecutive weeks, French President Emmanuel Macron has responded with a package of tax cuts and decentralizing political reforms. Macron unveiled the proposals at the Elysée presidential palace in the first domestic press conference of since he took office. Continue Reading...

The ‘evil’ unleashed by Abp. Justin Welby

The Archbishop of Canterbury, Justin Welby, has denounced an increasingly prevalent working relationship as “evil.” However, a new report shows the condition he abjured as immoral has been exacerbated by another economic practice that he favors and advocates – that is, by the archbishop’s standards, his fiscal advice inadvertently increases “evil.” Continue Reading...

What Alexandria Ocasio-Cortez gets wrong about Europe

During her interview with 60 Minutes on Sunday, newly sworn in Congresswoman Alexandria Ocasio-Cortez justified her vision of democratic socialism by invoking a caricature of Europe. When asked if she wanted to turn the United States into a version of Venezuela or the Soviet Union, Ocasio-Cortez demurred with an incredulous smile. Continue Reading...