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Sirico Parables book


The purpose of this grant program is to enhance the effectiveness in the research and teaching of market economics for faculty at colleges, universities, and seminaries across the United States and Canada.

The Acton Institute invites proposals from faculty in one or more of the following broad categories:

  • Course development — specifically adding new courses or strengthening existing courses in the curriculum which address the nature, morality, and purpose of free-market economics. This may include courses that deal with religion and economics, microeconomics, macroeconomics, political economy, ethics and economics, the history of economic thought, or other related subject areas.

  • Faculty research — identifying scholarly projects that show promise for advancing the understanding of free markets and, ideally, demonstrate how the free market relates to Christian faith and ethics.

Apply now>>

2022 Mini-Grant winners>>

Download fact sheet>>

2022 Winners

Virtue and Markets Undergraduate Colloquium
Jason Jewell, Professor of Humanities and Director of the Center for Great Books & Human Flourishing, Faulkner University

Developing a Course in History of Economic Thought at North Dakota State University
Ray March, Assistant Professor, North Dakota State University

A History of Christian Political Economy
Erik Matson, Senior Research Fellow, Mercatus Center

Teaching Grassroots Freedom in Guatemala
Russ McCullough, Wayne Angell Chair of Economics and Director, Gwartney Institute, Ottawa University

Economics and the Problem of Polarization
Allen Mendenhall, Executive Director, The Manuel H. Johnson Center and Associate Dean, The Sorrell College of Business, Troy University

Cronyism and Nonmarket Strategy in Lithuania and Romania: A Christian and Economic Perspective
John Parnell, Professor of Management & Eminent Scholar of Business, University of North Alabama

Usury, Dante, and the Birth of Capitalism
Alexander Schmid, Graduate Assistant/Instructor, Louisiana State University

Catholic Social Thought and Healthcare Economics
Michael Szpindor Watson, Assistant Professor of Economics, Belmont Abbey College

Course Revision & Seminar Support in Core Economics
Michael Welker, Professor of Economics and Director of Catholic Management & Entrepreneurship, Franciscan University of Steubenville

Application Components

Each application shall consist of three brief components – an overview, a narrative, and an appendix:

1) The application overview shall be a maximum length of one page and shall include the following:

  • Project title, name, position, institutional affiliation(s), and contact information for the Project Director. In the case of a team, all grant-related correspondence from the Acton Institute will be directed to the Project Director.
  • Project abstract (maximum of 200 words, single spaced).

2) The application narrative shall be a maximum length of two pages and shall include the following:

  • A statement on the proposed theme for the project, including an indication of how the project will be informed by Christian perspectives.
  • A proposal for activities to be funded by the grant, with a timeline.
  • A cost breakdown for each activity.

3) The application appendix shall be a maximum length of one page and include the following:

  • A summary Curriculum Vitae (CV) for the Project Director.

Only applications submitted electronically by March 31 will be considered.  2023 Application>>

Evaluation Criteria

Successful grant proposals will have:

  • A clearly defined topic that the project intends to address, and an explanation of how this promotes the knowledge and teaching of free-market economics.
  • A clearly defined objective for the project.
  • A clear project budget directly related to the project’s proposed activities.


      Important Notes

      Award Communication: All award decisions are communicated via e-mail from Grants-Awards. Please ensure this email is on your safe recipient list to ensure timely delivery.

      Application Submission: Applications must be submitted electronically.

      Limited Funding: Since this is a competition in which many worthy applicants participate, no one should presume funding.

      Performance Assessment: Like similar organizations, the Acton Institute does not enter into discussions with unsuccessful applicants concerning the particular reasons for their denial.

      Eligibility: Only faculty working at universities, colleges, or seminaries within the USA or Canada may apply for these grants.

      Program Questions: Additional questions may be sent to Grants-Awards.

      Legal: All qualified individuals will be considered for the Mini-Grant program without regard to race, sex, national or ethnic origin, citizenship, religious affiliation, or disability. Award decisions by the Acton Institute are final and are not subject to appeal.

          Apply Now

          Applications are due March 31, 2023.