Monks for Economic Liberty

We at Acton have been among the loudest critics of clergy and other religious leaders who undermine economic freedom (and therefore prosperity, including for the poor) by advocating more extensive government intervention in economic affairs.
So we should be the… Read More

The Federal Reserve’s Historic Announcement

Mark it down. At 2:15 p.m. on Tuesday, August 10, 2010, the U.S. Federal Reserve made a historic announcement. It signaled that the central bank was going to “preserve the size of its balance sheet.” The announcement didn’t sound all… Read More

A Paper Trail from Soros to Wallis?

In a recent article in World magazine, Acton senior fellow Marvin Olasky urged evangelical minister Jim Wallis to drop the pretense of being post-partisan. Olasky, World magazine’s editor-in-chief, went on to assert that (1) Wallis’s organization, Sojourners, received money from… Read More

The Superiority of Christian Hospitals

Thomson Reuters has issued a new report that shows church-run hospitals provide better quality care more efficiently than other secular hospitals.
Jean Chenoweth, senior vice president for performance improvement and 100 Top Hospitals programs at Thomson Reuters, says, “Our data… Read More

Do We Need Pro-Family Tax Policies?

Last month, in “Europe’s Choice: Populate or Perish,” Acton Research Director Samuel Gregg observed:
At a deeper level … Europe’s declining birth-rate may also reflect a change in intellectual horizons. A cultural outlook focused upon the present and disinterested in… Read More

Publicly Funded Films: A Cautionary Tale

The most basic lesson of all of the various efforts, by both state and federal governments, to provide incentives for films to be made is that with government money comes government oversight.
Once you go down the road of filing… Read More

Rome’s Graffiti and Bastiat’s Broken Windows

[Yesterday's] Wall Street Journal has a nice piece about the problem of graffiti in Rome and the obstacles to cleaning it all up.
While the graffiti are certainly an eyesore in an otherwise beautiful city, there is also great economic… Read More

Geithner Versus the Bush Tax Cuts

I’m now convinced that the Obama administration is placing its political agenda above policies that would contribute to the economic recovery that millions of Americans so desperately need. That agenda includes bringing more economic activity under government control, making more… Read More

More Lessons from History: How Obamanomics May Play Out

The grand lesson of the 20th century is that Big Government retards economic progress.
The evidence of this lesson goes beyond the socialist countries and their dramatic economic failures. Several decades ago, as a young economist, I encountered repeated studies… Read More

Fair Trade: Rhetoric and Reality

The NYT Freakonomics blog notes that the Fair Trade movement does not exist independently of the laws of economics:
But the problem with Fair Trade coffee is that as the program scales up, the alternative market ethics it wants to… Read More

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