Radio Free Acton: Greg Forster on the legacy of Whittaker Chambers, Econ Quiz on income inequality, Upstream on Ursula K. Le Guin

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Can capitalism be saved from conservatives?

“The diversity of American conservatism would astound those pundits, politicians, and critics who believe conservatism is a rigid ideology aimed at privileging the wealthy (and the white),” says Gregory L. Schneider in this week’s Acton Commentary. Continue Reading...

Herman Bavinck on love, economics, and the reformation of society

When we think about markets, we often think only in terms of mathematics or money. But at a deeper level, markets are simply networks of human relationships. When we participate in economic activity, we aren’t just creating wealth; we are forming communities, cultures, and civilization, partnering with God and neighbor in a divine exchange of gifts, blessings, and love. Continue Reading...

Entrepreneurship by example

Of all the schools founded by Robert Luddy, author of the new book Entrepreneurial Life: The Path from Startup to Market Leader, not one of them has a cafeteria. The schools have gyms and Apple TVs, but none of the facilities needed to provide lunches each day. Continue Reading...

7 Figures: Trump’s 2019 budget plan

Yesterday, President Trump released his fiscal year 2019 budget plan. The president’s annual budget request tells Congress how much money the president thinks the Federal government should spend on public needs and programs; tells Congress how much money the president thinks the government should take in through taxes and other sources of revenue; and tells Congress how large a deficit or surplus would result from the president’s proposal. Continue Reading...

When does interest become usury?

“Usury humiliates and kills,” Pope Francis recently told the John Paul II Anti-Usury Non Profit Association in Italy. “Usury is a grave sin. It kills life, stomps on human dignity, promotes corruption, and sets up obstacles to the common good.” Continue Reading...