Tyler Cowen has an interesting column in last Sunday’s New York Times, arguing that despite run-of-the-mill objections to “cold” and “heartless” economic analysis, economics is, as a science, “egalitarian at its core”: Economic analysis is itself value-free, but in practice it encourages a cosmopolitan interest in natural equality. Many economic models, of course, assume that all individuals are motivated by rational self-interest or some variant thereof; even the so-called behavioral theories tweak only the fringes of a mon, rational understanding...

The Hitachi Foundation is accepting applications for its 2013 Yoshiyama Young Entrepreneur Award, which identifies up to five young people striving to build “sustainable businesses” in the United States. Each awardee will receive $40,000 over two years, along with the tools and training designed to put a startup on the path to success. Deadline is March 28. The Hitachi Foundation says its Yoshiyama Young Entrepreneur Program “identifies and highlights leaders who are using the power of business to fight poverty...

Over at the Hang Together blog, Greg Forster takes a long look at the images of the gospel as “pearl” and “leaven” and the implications for Christian engagement and creation of culture, particularly within the context of the Great Commission and the Cultural Mandate: The main difficulty we seem to have in discussing Christian cultural activity is the strain between two anxieties. These anxieties create unnecessary divisions between brothers, because those who are more worried about making sure the gospel...

If a worker owes their employer thousands of dollars and refuses to pay the debt, should they be fired or have their wages garnished? What if the employer is the federal government? Astoundingly, more than 100,000 federal employees owe more than $1 billion in federal taxes. To provide an incentive for them to pay up, a mittee approved legislation that would require the firing of government workers who are “seriously tax delinquent.” The Federal Employee Tax Accountability Act of 2013...

Those who thought Pope Francis was going to be a “a jolly, badly-dressed, Gaia-worshipping baby-boomer from 1972 received a severe jolt of reality today”, says Sam Gregg, Acton’s Director of Research. In today’s National Review Online, Gregg is quick to clear up any thoughts of the new pope being a relativist or pop culture phenom. While Pope Francis has made it clear from the very beginning of his pontificate that he wishes to draw attention to the poor, he’s not...

According to a new study by the Urban Institute, “when es to saving, owning a home, paring down debt, and growing a retirement nest egg, those under age 40 have stagnated as their parents’ generation accumulated.” Average household net worth, even after the ripples of “the Great Recession,” nearly doubled from 1983 to 2010, but not for those born after GenXers or Millennials (those born after 1970). In fact, the average inflation-adjusted wealth in 2010 for young adults was 7...

In 1989, Erol Ricketts, a researcher with the Rockefeller Foundation, found that between 1890 and 1950, blacks had higher marriage rates than whites, according to the U.S. Census. The report, titled “The Origin of Black Female-Headed Families,” published in the Spring/Summer issue of Focus(32-37), provides an overview that highlights an important question. Ricketts observes that between 1960 and 1985, female-headed families grew from 20.6 to 43.7 percent of all black pared to growth from 8.4 to 12 percent for white...

John Mackey, the well-known CEO of Whole Foods, sat down for an interview with Reason TV’s Nick Gillespie this week and I found a few quotes from their exchange particularly interesting. You can watch the full interview here: John Mackey Video When asked what the original “higher purposes” of his business were when Whole Foods began, Mackey responded: “Sell healthy food to people. Make a living for ourselves. Have fun. But our purposes have evolved over time…I would say one...

Last week’s spike in gasoline prices hasn’t slowed Nuns on the Bus a whit. The nuns and Network, their parent organization, are squeezing every drop of mileage out of their new-found fame, which has more to do with supporting liberal causes than reflecting church principles of caring for the poor and limiting government’s role in the private sector. Over the weekend, the CBS program 60 Minutes had a sympathetic overview of the supposed Vatican crackdown of the sisters’ activities –...

(March is Women’s History Month. Acton will be highlighting a number of women who have contributed significantly to the issue of liberty during this month.) The lives and deaths of cities in America is certainly topical. Drive through Detroit if you don’t think so. On one hand, block after block of decimated homes create a landscape of, let’s be honest, death. On the other, people in the city forge ahead, turning empty city blocks into burgeoning urban gardens, seeking out...