Explainer: What you should know about President Trump’s tax reform plan

Latest Posts

More than compassion needed for Europe’s refugees

“Irrespective of the political forces at play,” says Trey Dimsdale in this week’s Acton Commentary, “there is no arguing with the fact that such a large number of displaced immigrants presents a monumental humanitarian crisis in which survival becomes the initial, but not final, concern.” Continue Reading...

Audio: Victor Claar on whether Trump’s budget is un-Christian

On Saturday, Victor Claar, Professor of Economics at Henderson State University and Affiliate Scholar at the Acton Institute, joins host Julie Roys and Jenny Eaton Dyer of Hope Through Healing Hands on Moody Radio’s Up For Debate to discuss how Christians should respond to President Trump’s first budget proposal, especially as it relates to proposed cuts in US foreign aid. Continue Reading...

Remembering Kate O’Beirne

Longtime Acton Institute friend and supporter Kate O’Beirne passed away this past weekend. Below are Father Robert Sirico’s thoughts on this accomplished woman: I feel like I have always known Kate O’Beirne, so the passing of this woman of keen intellect, sharp wit and fearless rhetoric in confronting the nostrums of our day leaves me feeling very, very sad. Continue Reading...

Taxes on unhealthy food do nothing but hurt the poor

Throughout history, societies have found peculiar ways to reinforce social hierarchies and class-based discrimination. A common way is to prohibit certain social classes from being able to purchase a good. These types of laws that regulate permitted consumption of particular goods and services are known as sumptuary laws. Continue Reading...

Price Controls and Communism

Note: This is post #30 in a weekly video series on basic microeconomics. What happens when price controls are used in communist countries? As Alex Tabarrok explains, all of the effects of price controls become amplified: there are even more shortages or surpluses of goods, lower product quality, longer lines and more search costs, more losses in gains from trade, and more misallocation of resources. Continue Reading...