John Horvat II 
Dr. Samuel Gregg is director of research at the Acton Institute. He has written and spoken extensively on questions of political economy, economic history, ethics in finance, and natural law theory. He has authored several books including Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future, and most … Read more
As I sat down to read Thomas Piketty’s bestselling book, Capital in the Twenty-First Century, I must admit I was not well disposed toward the book. Here is a voluminous 700-page tome written by a Frenchman that has garnered scathing reviews from the conservative press and glowing praise from liberal economists. What … Read more
In looking at the debate over immigration, it is almost automatically assumed that the Church’s position is one of unconditional charity toward those who enter the nation, legally or illegally. However, is this the case? What does the Bible say about immigration? What do Church doctors and theologians say? Above all, what … Read more
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Chili’s, the national Mexican restaurant chain, has announced that it will be installing 45,000 tablet-style ordering stations nationwide. This gives patrons the ability, so to speak, to order online while seated and not have to interact with waiters. Why the change, one might ask? According to Chili’s, patrons feel as though they … Read more
The $18 trillion national debt is commonly used as a sign of the sad state of the American economy. However, America is not alone in its debt woes. If misery loves company, then America has plenty, with most major countries ringing up similar arrears. The world debt figure has now reached an … Read more
The European Union has adopted fiscal rules that require those who are in the eurozone to limit deficit spending to no more than three percent of any member nation’s gross domestic product (GDP). Unfortunately, the present Italian budget does not comply with these goals. However, there is no problem that is too … Read more
World copper prices are tumbling again and fingers are pointing at China’s ailing financial system. China is sitting upon huge stockpiles of copper that it uses not as a commodity but a financial instrument. This copper scheme that has seen price drop forty to fifty cents a pound since January is a … Read more
A review of the book: Financing the American Dream: A Cultural History of Consumer Credit by Lendol Calder To paraphrase Robert Frost, something there is that does not like a consumer loan. Indeed, for a long time the idea of such credit created a sensation of discomfort, insecurity and even shame. Americans … Read more
All across the nation, parents are reacting to a new educational program called Common Core. Under this program, national standards and testing are being set up for students which will eventually give rise to a core curriculum that will fundamentally change the way American children are educated. Many states and dioceses have … Read more