Economic Freedom

Lord Acton and the Importance of Economic Education

By on 1.6.14 | 11:49AM

Liberty is the prevention of control by others. This requires self-control and, therefore, religious and spiritual influences; education, knowledge, well-being. -Lord Acton

It was during my first full year of seminary (circa 2008) at Trinity Evangelical Divinity School that I finally heeded the counsel of multiple professors and attended my first Acton University conference. Held each summer in Grand Rapids, Mich., "Acton U" is an extraordinary collection of students, professors, writers, journalists, and thinkers of the first order who gather together for the express purpose of exploring the "free and virtuous society" in a civil, intellectually stimulating environment. What started with a few dozen participants a decade ago has organically grown into an event that boasts nearly 1,000 attendees. Those enrolled in the conference are treated to four days of fascinating conversations, engaging lectures, world-renowned guest speakers, delicious meals, and good company. 

As The Acton Institute succinctly puts it:

St. Nick Was Part of the One Percent

By on 12.6.11 | 9:08AM

Today (Dec. 6) is the feast day of St. Nicholas. Jolly Old St. Nick, or Santa Claus, was a Greek bishop who lived in Myra, Lycia, and was known for great charity -- but his charity was made possible thanks to the wealth of his parents which he inherited at a young age when they died. From Eugene Peterson's essay in "God with us: Rediscovering the Meaning of Christmas":

Nicholas is most well known in the West as the beloved patron saint of children and gift-giving. His connection to the American character of Santa Claus is faint, but it can be traced. According to tradition, Nicholas' parents died when he was young, leaving him a large sum of money. With his inheritance, Nicholas practiced charity, helping those in need.

Progress Only Progressives Could Love

By on 9.10.10 | 12:02PM

By now you've probably read and/or heard about the much-blogged about Washington Post article earlier this week about the last incandescent light bulb plant (owned by GE) that will close soon, and put 200 people out of work, because the bulbs will be outlawed in 2014 in favor of compact fluorescents. The manufacturing of the newer technology lights will drive these jobs to China, where the manual labor required to shape the CFL squigglies is much cheaper than here -- but not cheap enough to price them lower (not even close) than incandescents. Also, as has been well-documented, the CFLs are more toxic (when broken) than incandescents because they contain mercury.

Well my local newspaper, The News & Observer of Raleigh, today got around to carrying the Post story, but their editors came up with this headline:

It's lights out as last major bulb plant falls to progress