Acton Institute Powerblog

Promoting free societies characterized by liberty & religious principles

A world of economic miracles: The power of human cooperation

Surrounded by economic abundance, it can be easy to be distracted by what we see—products, tools, technology, resources—and assume our newfound prosperity stems from material causes. In turn, given the stability of many institutions and the increasing pace of innovation, continuous economic progress now seems somewhat inevitable. Continue Reading...

Venezuelans march for freedom

In 1982, Venezuela was the richest major economy in Latin America. Now, it’s the most dangerous country in the world, behind Afghanistan and war torn South Sudan. This is socialism. Continue Reading...

Oxfam’s ‘little gods’ exploit the poor

In a tragic irony, Oxfam has demonstrated the injustice of a certain kind of inequality. The international charity, which is known for its annual report on income inequality, is mired in scandal involving sexual coercion by its employees, possible pedophilia, and lying to a government agency in order to maintain taxpayer funding. Continue Reading...

What do Americans mean by “socialism”?

Campus Reform, a project of the Leadership Institute, recently interviewed students in Washington, D.C. to get their opinions on socialism. Not surprisingly, most of them were all for it. And also not surprisingly, most of them could not explain what they mean by socialism. Continue Reading...