Latest Posts

What is Crony Capitalism?

Here on the Acton PowerBlog we talk a lot about crony capitalism. But what exactly does the term mean? And why is it so bad? In this short video from Prager University, Jay Cost, a staff writer at The Weekly Standard, explains what it is, why it’s wrong, and proposes a solution that every society could benefit from. Continue Reading...

The dangers of political populism

Reason doesn’t seem to have had a significant influence in the election thus far. Populism, on the other hand, has been having a good run. Despite Donald Trump and Bernie Sanders appealing to very different groups and offering seemingly different platforms, they’re both populists. Continue Reading...

O.S.B. – Oh Sacred Business

O.S.B, the abbreviation for the Order of St. Benedict, has taken on nuanced meaning: Oh Sacred Business.  This is definitely true of a profitable Benedictine company located in Norcia, the medieval birthplace of St. Continue Reading...

Religion & Liberty: Land of Milk and Honey

The first issue of Religion & Liberty in 2016 will explore several topics from a variety of faith traditions: entrepreneurship, the International Criminal Court, business philosophy, common grace and the 18th-century British abolition movement. Continue Reading...

How geography affects economic growth

The continent of Africa has so much space that you could fit most of the United States, China, India, and a lot of Europe onto it. But if you compare Africa to Europe, Europe has two to three times the length of coastline that Africa has. Continue Reading...