Acton Institute Powerblog Archives

Post Tagged 'Business/Finance'

August 27, 2013

A ‘Golden’ Opportunity for GM Foods

A piece of news analysis over the weekend by Amy Harmon, a national correspondent for the New York Times, captures well the dynamics of the current debates about the merits of genetically-modified organisms (GMO’s). Continue Reading...
August 26, 2013

The Reason Markets Fix Mistakes

Pro-market advocates often talk about how markets are self-correcting. But why do businesses in free markets fix their own mistakes? Because if they don’t, customers and other stakeholders will punish them: Lululemon, which produces yoga and other athletic apparel, provoked outrage from its devoted customer base when it released a flawed product earlier this year: see-through yoga pants. Continue Reading...
August 23, 2013

Obamacare: Driving Up Costs And Driving Down Those Insured

Delta Airlines has announced that it foresees a spike in health care costs for the company to the tune of $100 million a year. A Delta executive, Robert Kight, has said that fees associated with Obamacare will be costly, but won’t likely be more beneficial than what the company’s employees now have. Continue Reading...
August 19, 2013

Business as God’s Restorative Work

Katie Nienow worked in youth ministry for four years. After deciding to transition into the world of business, her former boss was not pleased. “You’re leaving the one thing God has best designed you to do,” he said. Continue Reading...
August 14, 2013

Protectionism: The Worst Thing for The World

UPS CEO D. Scott Davis was asked in a recent BusinessWeek interview, “You talk a lot about trade, global trade. What is your company’s role?” Here’s what Davis said (emphasis added): We always consider ourselves an enabler of global commerce. Continue Reading...
August 12, 2013

Barbarians at the Gates of the DIA

The travails of Detroit’s bankruptcy and the implications for the Detroit Institute of Arts (DIA) continue to garner speculation about the place of art in society and the value of the DIA to the city, both now and in the future. Continue Reading...
August 05, 2013

Monsanto and the Merits of Genetic Modification

Writing over at the Live58 blog, Catherine Sinclair describes her transition from uncertainty regarding GMOs (genetically-modified organisms) to outright opposition: “After doing some more research, I’ve come to the conclusion that we should avoid GMO as much as possible.” Continue Reading...
July 30, 2013

Affordable Care Act May Mean Less People Working

The official White House website says that all Americans will now have access to affordable medical care, and that small business owners need not worry about rising costs: The proposal will also provide tens of billions in tax credits for small business owners to make insurance coverage more affordable. Continue Reading...
July 30, 2013

How To Help Without Giving A Dime

Charitable giving, for the most part, involves money. But not always. The auto manufacturer, Toyota, donates efficiency. The car company’s model of kaizen (Japanese for “continuous improvement”) was one their employees believed could be beneficial beyond the manufacturing business. Continue Reading...
July 11, 2013

Global Economy Stinks: Is Anyone Paying Attention?

It’s no secret that the economy of the European Union is, ahem, struggling. But Vikas Bajaj says the global economy is worse than anyone seems to want to acknowledge: In a new report released on Tuesday, the International Monetary Fund says that China, India, Brazil, Mexico and other developing countries are growing more slowly than previously thought. Continue Reading...