Fair Trade, Microfinance, Orphans, and Social Entrepreneurship

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Where Billionaire Crony Capitalists Live

It’s never easy becoming a billionaire, but the path to achieving a 10-figure level of wealth is smoother when you have the government as a business partner. Crony capitalism is a general term for the range of activities in which particular individuals or businesses in a market economy receive government-granted privileges over their customers or competitors. Continue Reading...

The Despotic Reign of Fear

Yesterday was both Star Wars Day (May the Fourth) and the day that Donald Trump became the presumptive presidential nominee for the Republican party. I reflected on the confluence of these two phenomena in a short essay on what Mr. Continue Reading...

5 Facts About the National Day of Prayer

Today is the National Day of Prayer, an annual day of observance celebrated by Americans of various faiths. Here are five facts you should know about the day when people are asked “to turn to God in prayer and meditation.” Continue Reading...

Samuel Gregg on why Bernie Sanders was invited to Vatican

At Catholic Vote, Acton Research Director Samuel Gregg joins the web site’s political director Josh Mercer to look into the reasons why socialist and Democrat presidential candidate Bernie Sanders “was invited by ‘the Vatican’ (actually: Pontifical Academy of Social Sciences) to speak on income inequality.” Continue Reading...

Christianity and the Rise of Capital

“Money has not only the character of money,” says Samuel Gregg in this week’s Acton Commentary, “but it also has a productive character which we commonly call capital.” Like all medieval clergy, Olivi and Bernardine fiercely opposed usury. Continue Reading...