Money & Economics

Taxing Transportation

by Dr. Tracy C. Miller August 28, 2010

Not long ago, Pennsylvania Governor Ed Rendell toured the state to highlight its crisis in transportation funding. He called on the General Assembly to resolve the crisis this year. In May, the State Transportation Advisory Committee estimated that the state…

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Monks for Economic Liberty

by Kevin Schmiesing PhD August 21, 2010

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…

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The Federal Reserve’s Historic Announcement

by Fred A. Kingery August 19, 2010

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…

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A Paper Trail from Soros to Wallis?

by Jonathan Witt August 19, 2010

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…

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The Superiority of Christian Hospitals

by Jordan J. Ballor August 18, 2010

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…

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Do We Need Pro-Family Tax Policies?

by John Couretas August 12, 2010

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…

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Publicly Funded Films: A Cautionary Tale

by Jordan J. Ballor August 10, 2010

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…

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Rome’s Graffiti and Bastiat’s Broken Windows

by Kishore Jayabalan August 5, 2010

[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…

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Geithner Versus the Bush Tax Cuts

by Dr. Mark W. Hendrickson August 2, 2010

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…

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More Lessons from History: How Obamanomics May Play Out

by Dr. Mark W. Hendrickson July 24, 2010

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…

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