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The Acton Institute awards 2018 Novak Award to Lucas G. Freire

Fr. Robert Sirico presented the Acton Institute’s 2018 Novak Award to Brazilian professor Lucas G. Freire on Monday, November 5. Freire’s acceptance speech offered reflections on the “idolatrous distortions” evidenced in modern public discourse by placing too much trust in the state, and too little faith in markets and individuals. Continue Reading...

Reframing the free trade argument

Historically, arguments for American free trade have often been criticized or met with skepticism. However, what would happen if these arguments were reframed to suggest the economic and political benefits free trade can offer? Continue Reading...

An urgent agenda for Bolsonaro in Brazil

Once we get beyond the myths surrounding the long presidency of Franklin Delano Roosevelt, we soon recognize that one of FDR’s successes was to establish a myriad of symbols that captured the imagination of world politics. Continue Reading...

What you should know about frictional unemployment

Note: This is post #100 in a weekly video series on basic economics. Unemployment is generally harmful to both the economy and to the individual. But there is one type of unemployment that is (mostly) benign, and can even be beneficial: frictional unemployment. Continue Reading...

5 Facts about midterm elections

Tomorrow is Election Day, when citizens of the United States go to the polls to elect a variety of public officials. This year is a midterm election (in contrast to both a Presidential election and “off-year” election years). Continue Reading...

Judges: Parents must pay children’s bills into their 30s

Michael Rotondo rose to infamy earlier this year as the 30-year-old whose parents had to sue in order to evict him from their home. But across Europe, judges have ruled that parents must financially support their children well into their 30s, until they finish schooling – or until they find a job in the same field as their sometimes-esoteric degrees. Continue Reading...