Acton Line

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Synopsis

Dedicated to the promotion of a free and virtuous society, Acton Line brings together writers, economists, religious leaders, and more to bridge the gap between good intentions and sound economics. 

Episodes

  • Navigating the Rising Tide of Political Polarization

    23/08/2023 Duration: 48min

    In this episode, Dylan Pahman interviews Dr. Rachel Ferguson about her lecture at Acton University on the problem of political polarization. From social media to cable news to tribalism to racial injustice to transgender activism, Dr. Ferguson gets at the deeper roots of the problem and offers a path of hope grounded in her Christian faith and philosophical expertise. Subscribe to our podcasts  Black Liberation Through the Marketplace | Amazon

  • The Law of Conservation of Welfare—And What Energy Source Can Transform It?

    16/08/2023 Duration: 51min

    The law of conservation of mass dates from Antoine Lavoisier's 1789 discovery that mass is neither created nor destroyed in chemical reactions. Evidence of the past three decades leads Marvin Olasky to suggest a parallel Law of Conservation of Welfare regarding political reactions. In 1995-1996 the first GOP-majority House of Representatives in four decades changed AFDC (Aid to Families with Dependent Children) into TANF (Temporary Aid to Needy Families) but left alone dozens of other programs. As work requirements and time limits reduced the number of AFDC/TANF recipients, programs such as SNAP, SSI, and SSDI expanded. The conservation of welfare is not good for many recipients who would be much better off with challenging, personal, and spiritual help, but changing the law requires a charge from outside current chemical configurations. 

  • Cronyism, Corporate Welfare, and Inequality

    09/08/2023 Duration: 57min

    In this episode of Acton Line, Dylan Pahman, executive editor of the Journal of Markets and Morality, and a research fellow here at Acton, interviews Dr. Anne Rathbone Bradley about her lecture at Acton University on “Corporate Welfare and Inequality.”  In this conversation, this discuss why  the prices of some goods, like education and healthcare, risen at astronomical rates while others, such as video games, remain fairly unchanged in price despite monumental improvements in quality and steady inflation over the decades. Also, what happens when companies use government privilege to secure special favors that push would-be competitors out of markets? What can be done about the unjust inequalities created by corporate welfare? Subscribe to our podcasts Cronyism, Corporate Welfare and Inequality | Acton University 2023

  • Filthy Rich Politicians

    02/08/2023 Duration: 59min

    If you asked people to describe our current cast of politicians in America right now, they might say that some, if not most, are slyly taking advantage of the system. They are hoping no one is savvy enough to notice.  Matt Lewis, senior columnist at The Daily Beast, believes that today’s politicians are an unsavory lot—a hybrid of plutocrats and hypocrites. And it’s worse (and more laughable) than you can imagine. In his new book, Filthy Rich Politicians: The Swamp Creatures, Latte Liberals, and Ruling-Class Elites Cashing in on America, Lewis introduces you to a crop of ivy league populists, insider traders, trust-fund babies, and swamp creatures as he exposes how truly ludicrous money in politics has gotten. In Filthy Rich Politicians, Lewis embarks on an investigative deep dive into the ridiculous state of modern American democracy—a system where the rich get elected and the elected get rich. Lewis doesn’t just complain: he articulates how Americans can achieve accountability from their elected leaders thr

  • The New Catholic Integralism

    26/07/2023 Duration: 01h08min

    Kevin Vallier, political philosopher and associate professor of philosophy at Bowling Green State University, joins Dan Hugger to discuss Catholic Integralism and his forthcoming book All the Kingdoms of the World: On Radical Religious Alternatives to Liberalism, which publishes with Oxford University Press in September. What is Catholic Integralism and what is its relation to Catholic Social Teaching? What is its history and the story of its contemporary rise? How has it caused controversy in the broader Church and world? What is the American Integralist theory of social change?How concerned should ordinary people be about this movement? What fuels this sort of deep discontent with liberalism and modernity? The conversation then turns what a constructive political-theological vision would look like and Kevin’s future plans. Trust in a Polarized Age | Acton Line Immortale Dei DIGNITATIS HUMANAE They Have Uncrowned Him | Amazon The Josias Adrian Vermeule | Harvard Vatican II's Declaration on Religious Freedom:

  • Christian Workers and the Entrepreneurial Vocation

    19/07/2023 Duration: 53min

    In this episode, Father Roger J. Landry, a priest of the Diocese of Fall River, Massachusetts, and Catholic Chaplain to Columbia University in New York City sits down with Sarah Negri, Research Project Coordinator at the Acton Institute, to discuss the social teaching of Pope John Paul II and especially his emphasis on the vocation of the Christian entrepreneur. Father Landry shares some history on John Paul II’s three most famous social encyclicals and elucidates their importance for the ordinary Christian worker. The discussion centers around the Christian vocation to work as a divine injunction, the subjective and objective elements of work, and how the Christian worker imitates both God as creator and Christ as the perfect human model of holy labor. It also touches on the challenges faced by the human worker, including the possibility of alienation, workaholisim, and the toil that accompanies hard labor, as well as solutions to these challenges. Subscribe to our podcasts  The Entrepreneurial Vocation (rec

  • The Philosophical Roots of Wokeism

    12/07/2023 Duration: 48min

    This week, we’re bringing you one of the plenary lectures from this year’s Acton University, featuring Bishop Robert Barron speaking on “The Philosophical Roots of Wokeism.” "Wokeism” is arguably the most influential public philosophy in our country today. It has worked its way into the minds and hearts of our young people, into the world of entertainment, and into the boardrooms of powerful corporations. But what is it precisely, and where did it come from? I will argue in my presentation that “wokeism” is a popularization of critical theory, a farrago of ideas coming out of the French and German academies in the mid-twentieth century. Until we understand its origins in the thinking of Adorno, Horkheimer, Derrida, Marcuse, and Foucault, we will not know how critically to engage this dangerous philosophy. Subscribe to our podcasts  Word on Fire Catholic Ministries

  • Economic Potpourri with David Bahnsen

    05/07/2023 Duration: 57min

    One of the campaign themes that launchd Bill Clinton into the White House in 1992 was, “it’s the economy, stupid.” While much of our politics is focused today on the culture war, the economy is the one issue that touches everyone. Much of the last few years have been spent concerned about the crushing effects of inflation. Previously on Acton Line, we’ve discussed the causes of the inflation we’ve experienced over the last few years with David Bahnsen — founder, managing partner, and chief investment officer of The Bahnsen Group. Today, David returns as we take a survey of the current state American and global economy, examine what’s happening now with inflation, discuss the housing and rental market, and then explore the economic effectiveness of conservative culture war boycotts. Subscribe to our podcasts Bahnsen.com There's No Free Lunch: 250 Economic Truths | Amazon Hosted on Acast. See acast.com/privacy for more information.

  • The Informant's Path to Faith and Redemption

    28/06/2023 Duration: 54min

    Today's episode starts with a clip from the trailer for 2009 comedy/drama “The Informant!,” directed by Steven Soderbergh and starring Matt Damon, Scott Bakula, Joel McHale, and Melanie Lynskey. It’s a wild based-on-a-true-story film about Mark Whitacre. In the early-1990s, Whitacre was the corporate vice president and President of the BioProducts Division of the agro-business giant Archer Daniels Midland. Whitacre would go on to become an informant in the FBI investigation into a conspiracy to price-fix lysine, an essential amino acid. At the same time he was informing on his employer to the FBI, Whitacre was embezzling $9 million from ADM in a kickbacks and money laundering scheme.  It all came to an end a few years later when ADM settled federal charges for more than $100 million and paid hundreds of millions of dollars more to plaintiffs and customers to settle class-action lawsuits. In 1998, Whitacre pled guilty to tax evasion and fraud and was sentenced to nine years in prison. But what marked the end o

  • Storks Don't Take Orders From the State

    21/06/2023 Duration: 49min

    It’s 2007. Spider-Man 3 is the top grossing film at the box office. Beyonce’s “Irreplaceable” is the biggest hit song. American Idol is the most watched TV show. It was also the last time that the United States was at replacement level fertility, which is 2.1 children born per woman. In the years following, through the ups and downs of the great recession, the 2016 election, and the COVID-19 pandemic, the rate has fallen to 1.66 children per woman. When you zoom out, you’ll see that American birth rates have been falling for decades. But this is far from the phenomenon isolated to the United States. The 2020 fertility rate in the U.K. was 1.6. In Germany it was 1.5. Finland hit 1.4. Denmark and Sweden were both at 1.7. In South Korea, it’s a shocking 0.81. In response to these long-run trends, some have advocated pro-natalist government policies to incentivize more reproduction, or to at least smooth the way for people who want to have more kids.  But are the policies effective?  Elizabeth Nolan Brown, senior

  • Growth and Development in Africa

    14/06/2023 Duration: 50min

    Anyone of a certain age will remember the massive hit that was “We Are The World,” the Michael Jackson, Lionel Richie, and Quincy Jones produced charity single by USA for Africa. The considerable profits from the that hit song went to the USA for Africa Foundation, which used them for the relief of famine and disease in Africa and specifically to 1983–1985 famine in Ethiopia. Even though Africa is an enormous and diverse continent with 54 sovereign countries, many people in the United States, and the west more generally, were left with the impression of Africa as destitute and poverty-stricken. What they may not realize is the enormous amount of growth and development Africa has been seeing. To help us better understand this growth and development, particularly in the country of Nigeria, today Eric Kohn talks with Wiebe Boer and Danladi Verheijen. Wiebe Boer is the president of Calvin University, here in Grand Rapids, MI, and Danladi Verheijen is the co-founder and managing partner of Verod Capital Management

  • The China Nexus

    07/06/2023 Duration: 56min

    June 4 marked the 34th anniversary of the Tiananmen Square Massacre, in which the Chinese Communist Party put down a pro-democracy protest movement that had bubbled up in Tiananmen Square and throughout mainland China. For many, it served as a stark reminder the brutality of the country that, under the autocratic leadership of Mao Zedong killed between 40 and 80 million of its own people, could still be just as brutal. Tiananmen happened just three years before Benedict Rogers moved to China to begin teaching English. For Rogers, this marked the beginning of a professional career focused on issues in and around China and Hong Kong that saw him work as a journalist in Hong Kong for the first five years after the handover to traveling to China’s borders with Myanmar/Burma and North Korea to document the plight of refugees escaping from Beijing-backed satellite dictatorships and then campaigning for human rights in China, especially for Uyghurs, Christians and Falun Gong practitioners, human rights defenders, jo

  • Friendship in a Democratic Age

    31/05/2023 Duration: 01h02min

    In this episode, we dive into some of the profound changes occurring in American society. Back in the day, social scientist Robert Putnam observed a concerning trend—he called it "bowling alone"—where Americans were becoming increasingly disconnected from community bonds and support systems. Fast forward to the present, and we see not only a retreat from these vital sources of communal life but also a rise in loneliness, anxiety, depression, and overall mental and physical distress. Marriage and parenthood are also being delayed or foregone altogether. These developments have far-reaching implications for both American politics and civil life, as well as for the individual's well-being and fulfillment. Taking us back to the roots of democratic thought, we turn to Alexis de Tocqueville's "Democracy in America." Tocqueville recognized the unique nature of the democratic social state and the need for a "new political science" to navigate its strengths and weaknesses. He explored how the principles of democratic

  • Rev. Tim Keller on The Problems of Modern Identity

    24/05/2023 Duration: 42min

    For this episode of Acton Line, we’re bringing you the remarks by Rev. Timothy J. Keller at the Acton Institute’s Annual Dinner in 2018, in which he spoke on identity, business, and the Christian gospel. Keller, the founding pastor of Redeemer Presbyterian Church in NYC, New York Times bestselling author, teacher, and arguably the most influential evangelical preacher of his generation died May 19, 2023, after a three-year struggle with pancreatic cancer. He was 72. He leaves behind his wife of 48 years, Kathy, and three sons: David, Michael, and Jonathan.   Keller’s winsome appeal and professorial demeanor grew an exploratory prayer group in 1989 to a 5,000-plus-member megachurch in the heart of the Big Apple, a supposed desert wasteland for spirituality. His impact on urban church planting, his ability to speak in a forthright and non-condescending manner to skeptics, and his deliberate avoidance of political partisanship were just a few qualities that made him stand out in a world of so-called celebrity pr

  • Against the New Paganism

    17/05/2023 Duration: 50min

    There’s been much discussion of how “wokeness,” for lack of a better term, operates as a form of civic religion for the political left. Less discussed, according to Jack Butler of National Review, is the emerging form or forms of paganism on the political right. Most prominent among them is Costin Alamariu, a Romanian political-science Ph.D. from Yale, who goes by the moniker “Bronze Age Pervert.” Alamariu is the author of Bronze Age Mindset, which Butler describes as “an intentionally provocative, discursive, and ungrammatical “exhortation” outlining his thought.” In it, Alamariu laments the diminution of the authentic expression of masculinity and the masculine virtues, and the failures of political conservatism to preserve those virtues and whatever else is good about civil society. In ideas reminiscent of Frederich Nietzsche, Alamariu castigates the “bug men” or “human cockroaches” for their weakening of men and of society, and the need for a league of neo-ubermenches to rise up and reshape the world in t

  • Mere Natural Law

    10/05/2023 Duration: 58min

    We live in what appears at first glance to be a highly skeptical age, one characterized by moral relativism in public discourse and ‘value-freedom’ in science. But is this really the case? Hadley Arkes believes that, despite many people’s protest to the contrary, what they do is informed–perhaps unwittingly–by an understanding of natural law. In this wide-ranging conversation, the founding director of the James Wilson Institute on Natural Rights and the American Founding unpacks this paradox as explored in his new book, Mere Natural Law: Originalism and the Anchoring Truths of the Constitution. -What is natural law and what sort of alternative does it provide to skepticism? -Why is there hostility or disinterest in natural law today among both self-styled progressive and conservative jurists? -Why do contemporary criticisms of natural law fall flat? -Where can natural law principles contribute to clarifying and answering contentious moral and legal debates of our time? - Why are comedians the best expositors

  • A Closer Look at Aircraft Industrial Policy

    03/05/2023 Duration: 54min

    The last time you took a commercial airline flight, odds are that you were on a plane that was manufactured by one of two companies: American-based Boeing, or French-based Airbus. Together, these two companies have almost the entire market for commercial airplanes. A piece published recently at the website American Compass makes the argument that Airbus is a success story for industrial policy: European government decided they needed to compete with foreign manufacturers of airplanes, they made the public-money backed investments, and propelled Airbus past Boeing and others to be the world leader. As American Compass said when publishing the piece: “According to free-market dogma, state-backed Airbus shouldn't have been able to compete with Boeing. Instead, Airbus surpassed Boeing as leading aircraft manufacturer, gaining a reputation for cutting-edge innovation. U.S. policymakers should take note.” The American Compass piece really took off. But is really describing reality for Airbus and Boeing? Economist a

  • Free Enterprise and the Common Good

    26/04/2023 Duration: 49min

    For this episode of Acton Line, Dylan Pahman, the editor of the Journal of Markets and Morality and a research fellow here at Acton, speaks with Alexander Salter. Salter is the author of the recent article "Free Enterprise and the Common Good,“ published at the Heritage Foundation. The article has generated a lot of buzz, particularly online, where the Salter’s ideas have been the subject of much debate.  Before delving into specific questions about the article and its reception, we start with some definitions to clear the air: What is common-good capitalism? What is the common good? And what is the difference between the "science" of economics and the "art" of political economy?  They then explore how the author's article has been perceived within the context of the Heritage Foundation's recent changes, as well as how their ideas diverge from those of other national conservative economic proposals.  They also discuss the influence of Roman Catholic social thought on the author's ideas, and the ways in which

  • Unleashing the Entrepreneur

    19/04/2023 Duration: 01h02min

    For this episode of Acton Line, we’re bringing you a panel discussion from the Grand Rapids edition of the Free Market Road Show, an event the Acton Institue recently co-hosted along with the Austrian Economics Center. In this conversation, entitled “Unleashing the Entrepreneur,” the panelists explore the theme of entrepreneurship and how it can be a key driver of economic growth and prosperity, as well as examine the challenges that entrepreneurs face, such as regulatory barriers and access to capital, and how these challenges can be overcome to unleash the full potential of a market economy. The panelists discuss how entrepreneurs can play a crucial role in addressing societal issues and creating positive change through innovation and entrepreneurship, and on the importance of empowering individuals to take control of their own economic destinies and how this can lead to greater prosperity for all. This panel features John Chisholm, has three decades of experience as an entrepreneur, CEO, and investor. A pi

  • The Mainstreaming of Marx

    12/04/2023 Duration: 48min

    Karl Marx. If you’re listening to this podcast, it’s unlikely that I need to explain to you who Karl Marx is. You know he’s the author of The Communist Manifesto, and the father of one of the most significant and impactful philosophical and economic theories of the late 19th and the 20th century. It would be fair for you to assume that Marx was always celebrated in the way he was throughout the 20th century, as numerous countries, like the Soviet Union, sought to put his theory into practice.  But a new research paper from Phillip W. Magness and Michael Makovi says that this common, popular understanding of Marx’s significance is wrong. They contend, and seek in the paper to demonstrate empirically, that Marx was largely dismissed as a scholar in his own time, and that he owes is outsized influence today to historical and political events, in particular the success of the Russian Revolution. Today, Eric Kohn talks with Phil Magness about the findings in his paper, how we should properly understand the influen

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