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September 29, 2014

Russ Roberts on What Thomas Piketty Ignores

Thomas Piketty’s new book, Capital in the Twenty-First Century, has created quite the stir, and with its overwhelming size (700 pages) and corresponding array of commentaries and critiques, it’s tough to know where to start. Continue Reading...
September 29, 2014

How Wal-Mart is Helping the Unbanked

An estimated 10 million American households — about 8 percent of all households — are “unbanked” and one in five households — 24 million households with 51 million adults — are “underbanked.” Continue Reading...
September 25, 2014

How the Economy Affects Marriage Rates

For the past three decades, there has been an attempt by the political class to divide conservatism into two main branches: social and economic. The two are often pitted against each other despite the fact that most conservatives in America would identify with both sides. Continue Reading...
September 25, 2014

Would Jesus Drive a Prius?

Three-hundred thousand protestors waved signs and shouted slogans about man-made climate change in midtown Manhattan on Sunday. Among them were representatives of the same group of religious shareholder activists who – like the swallows returning to Mission San Juan Capistrano each year – annually submit proxy resolutions to the corporations in which they invest. Continue Reading...
September 25, 2014

The Dangers of Material Wealth and Spiritual Poverty

In helping developing countries to increase their economic prosperity, says Acton’s Jordan Ballor, we must remember that human welfare cannot be reduced to material realities. If a nation were to pursue GDP growth as its highest goal, it would probably institute policies and incentives to induce women to work outside the home and professionalize child care. Continue Reading...