Acton Institute Powerblog

Promoting free societies characterized by liberty & religious principles

Search results for "crony capitalism"
July 18, 2023

Who Is a Libertarian?

In their new book, The Individualists: Radicals, Reactionaries, and the Struggle for the Soul of Libertarianism, Matt Zwolinski and John Tomasi have created an exhaustive and fascinating history of the libertarian movement and its animating philosophies. Continue Reading...
October 19, 2022

The Next American Economy Is Cause for Hope

Let me start with my summary judgement of The Next American Economy: Nation, State, and Markets in an Uncertain World: Samuel Gregg has written an outstanding contribution to the theory and practice of political economy for our times. Continue Reading...
July 13, 2021

Are billionaires evil?

Criticizing billionaires has become a popular cultural trend, based on anti-rich sentiment that was recently exacerbated by a ProPublica report that leaked the tax returns of the 25 wealthiest Americans. The report’s findings were interesting but not particularly surprising, mostly confirming the long-held speculation that the ultra-rich don’t pay taxes proportional to their levels of wealth and frequently use legal avenues to shield their earnings from the government’s fingertips. Continue Reading...
May 01, 2020

Markets, populism and a fading American dream

The political divisions that started erupting across America in 2015 are about many things. These include the meaning of national sovereignty, the sense of a growing chasm between the political class and everyone else, and angst about what many believe to be unwarranted accelerations in wealth and income inequalities. Continue Reading...