Acton Institute Powerblog Archives

Post Tagged 'business'

May 08, 2014

Deirdre McCloskey on Ethics and Rhetoric in the ‘Great Enrichment’

In a marvelous speech on the origins of economic freedom (and its subsequent fruits), Deirdre McCloskey aptly crystallizes the deeper implications of her work on bourgeois virtues and bourgeois dignity. For example, though many doubted that those in once-socialistic India would come to see markets favorably, eventually those attitudes changed, and with it came prosperity. Continue Reading...
April 15, 2014

7 Figures: Tax Day Edition

[Note: ‘7 Figures’ is a new, occasional series highlighting data and information from a variety of surveys and reports.] 1. The average federal tax rate for all households (tax liabilities divided by income, including government transfer payments) before taxes is 18.1 percent. Continue Reading...
March 25, 2014

How Debit Cards Can Fight Street Crime

When bank robber Willie Sutton was asked why he robbed banks, he is (mis)quoted as having said, “Because that’s where the money is.” Turns out that is also why there is more street crime in poorer neighborhoods: because that’s where the cash is. Continue Reading...
March 04, 2014

How IKEA and Innovation Help Refugees in Iraq

When looking for solutions to humanity’s problems, conservatives and libertarians tend to prefer turning first to free markets rather than government. The reason for such a preference is often misunderstood, and can be difficult to explain since it appears paradoxical: free markets are often better at serving human needs than governments because free markets make it easier to fail. Continue Reading...
December 13, 2013

Business and Askesis

Today at Ethika Politika, I look at the busyness of the Advent season through the lens of Orthodox Christian asceticism in my essay, “Busyness and Askesis: An Advent Reflection.” The Advent season in the United States is typically ransacked by shopping, parties, visits with family, and the like. Continue Reading...