How a universal income could discourage meaningful work

January 23, 2018 • by Joseph Sunde

How a universal income could discourage meaningful work

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January 23, 2018

Ending America’s bigoted education laws

When James Blaine introduced his ill-fated constitutional amendment in 1875, he probably never would have imagined the unintended consequences it would have over a hundred years later. Blaine wanted to prohibit the use of state funds at “sectarian” schools (a code word for Catholic parochial schools) in order to inhibit immigration. Continue Reading...
January 23, 2018

Asymmetric information in health insurance

Note: This is post #65 in a weekly video series on basic microeconomics. In this video by Marginal Revolution University, Tyler Cowen discusses asymmetric information, adverse selection, and propitious selection in relation to the market for health insurance. Continue Reading...
January 22, 2018

What you should know about Jubilee Years

Many politically progressive Christians have latched on to the concept of a “Jubilee year” as a biblically endorsed excuse for debt cancellations and as a way to “dismantle economic inequality.” But as a new study by Charles A Goodhart and Michael Hudson explains, Jubilee Years didn’t originate in ancient Israel, they weren’t really about egalitarianism, and they can’t readily be applied outside of agrarian based economies. Continue Reading...
January 22, 2018

Apply today for a 2018 internship at Acton

A 2016 NACE Center report on millennial hiring indicated that internships help 81.1 percent of graduates “shift their career directions either slightly or significantly.” At Acton, we place an emphasis on assisting young men and women to discover their vocational calling through internships. Continue Reading...
January 19, 2018

The euro, Brussels, and the Russian bear

  The government of Poland is part of the new surge of populism, openly defying the European Union on numerous policy fronts and rebuffing calls for an “ever-closer union.” So, why did its prime minister recently raise the possibility of adopting the euro? Continue Reading...
January 19, 2018

Why government is not just a necessary evil

In the Federalist Papers James Madison claimed that, “If men were angels, no government would be necessary.” But is that true? James R. Rogers, an associate professor of political science at Texas A&M University, explains why some form of government would be necessary even if man were still in a prelapsarian state of nature: [E]ven without the Fall, there would be a role for civil government for the duly recognized person who exercises civil authority. Continue Reading...