Richard Nixon supposedly once said, “We’re all Keynesians now,” referring to the new accepted regime of monetary policy. Today, we have far bigger problems than our Keynesian Federal Reserve. Any present-day politician could just as well say, “We’re all Andrew Yang now.” Andrew Yang, for those who don’t know, is running for the Democratic nomination for president. He’s an eccentric businessman whose signature policy proposal is that he wants to give you cold hard cash. Really. While many, including me,...

The newest issue ofReligion & Libertyhas been uploaded. You can view it here. This issue ofReligion & Libertyfocuses on higher education in all its fulness. Two statistics throw the college tuition crisis into stark relief: Since 1978 – the year the federal government offered subsidized loans to all students – the cost of college tuition has risen by 1,375 percent. And another 1,400 students default on those loans every day. The cover story by Anne Rathbone Bradley unravels the crisis...

Climate change may well be a problem, but the chief of the United Nations’ agency on climate says it won’t destroy the world – and shouldn’t stop young people from having children. Alarmist rhetoric from “doomsters and extremists” that babies will destroy the planet “resembles religious extremism” and “will only add to [young women’s] burden” by “provoking anxiety,” he said. Petteri Taalas is no “climate-change denier.” He is secretary-general of theWorld Meteorological Organization (WMO), the UN’s special agency on weather...

Is a European-wide patible with liberty? A prominent EU leader mended transforming the European Union into an “empire” at a UK political party conference this weekend, to sustained applause. “The world order of tomorrow … is a world order based on empires,” said Guy Verhofstadt, a Member of European Parliament (MEP) and the EU’s chief negotiator on Brexit. He is also leader of the EU’s Alliance of Liberals and Democrats for Europe faction. ments came at the party conference of...

Acton’s own Alejandro Chafuen recently returned from a visit to England, and today in Forbes he offers a few of his impressions and analyses of the contentious Brexit process. The political machinations of the current situation are seemingly endless, but its ramifications are more than just political. As Chafuen points out, for instance, the ongoing saga brings uncertainty for anyone who does business in the UK. “We have many issues that go to a referendum in Switzerland. But after the...

I am in the curious position of being a blogger who distrusts opinions. The late yoga master B.K.S. Iyengar put it best when he wrote, “An opinion is yesterday’s right or wrong knowledge warmed up and re-served for today’s situation.” Too often opinion is divorced from both personal experience and rigorous thought. F.A. Hayek’s essay “The Intellectuals and Socialism” is an attempt at defining the nature and function of professional opinion-havers. His description of them as, “second hand dealers in...

When I began my freshman year of college, I didn’t care much about economics. Having been raised in a conservative Christian home, I had adopted a generically pro-capitalism shtick, but it wasn’t much to stand on. As I arrived at my left-leaning Christian college, that lack of foundation soon became clear. I found myself swirling amid campus debates about “economic justice,” infused with lofty religious language. Progressive economic policies were championed with social-gospel gusto and the Acts-2 arguments for socialism...

Today is Constitution Day, which is observed every year to remember the Founding Fathers signingthe Constitution on September 17, 1787. Here are five facts you need to know about the Constitution: 1. Neither Thomas Jefferson nor John Adams signed the Constitution, nor attended the Constitutional Convention. Adams served as our representative to Great Britain, and Jefferson represented U.S. interests in France. Both died on July 4, 1826. 2. promisedid e about because the Founding Fathers considered African-Americans “three-fifths of a...

Why is it that the Industrial Revolution of the 19th century is so often our go-to mental paradigm for poverty? CapX’s John Ashmore, for instance, recently wrote of those who “feel an argument about poverty is plete without claiming we’ve somehow gone back to the 19th century.” Were there no poor people before that? (There were, obviously.) There are a number of possible answers – an increase in the concentration of poverty with growing urbanization and industrialization, which made poverty...

The week after Donald Trump tweeted a message proclaiming himself the ing of God,” I decided to say a prayer to the “King of Israel” (although quietly, since my bishop encouraged me to pray so softly that no parishioner would hear me). I am assured that literally thousands of priests in this country have joined me in standing before our altars and whispering an identical prayer, using the same moniker. This is not a confession of idolatry nor an insider’s...