Acton Institute Powerblog Archives

Post Tagged 'capitalism'

Understanding Human Behavior

In “Human Nature and Capitalism” on AEI’s The American, Arthur C. Brooks and Peter Wehner look at three different “pictures” of what it means to be human and point to the one, foundational understanding that has undergirded the flourishing American culture of democratic capitalism: “If men were angels,” wrote James Madison, the father of the Constitution, in Federalist Paper No. Continue Reading...

The Main Battle

In the “Wealth Inequality Mirage” on RealClearMarkets, Diana Furchtgott-Roth looks at the campaign waged by “levelers” who exaggerate and distort statistics about income inequality to advance their political ends. The gap, she says, is the “main battle” in the Nov. Continue Reading...

Review: Whittaker Chambers

Whittaker Chambers began Witness, the classic account of his time in the American Communist underground, with the declaration: “In 1937, I began, like Lazarus, the impossible return.” The line was most of all a deep recognition of the power of God to redeem what was once dead. Continue Reading...

Envy: A Deadly (Economic) Sin

Victor Claar, Acton University lecturer and professor of economics at Henderson State University, will give a talk tonight in Washington, D.C., hosted by AEI, “Grieving the Good of Others: Envy and Economics.” Continue Reading...

Distributism is not Free-Market

Forgive the blunt title of this blog post, but the point needs to be made in no uncertain terms. The Zenit News Agency has interviewed John Medaille, author of Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More, which calls for a direct if brief (more later, perhaps – I have yet to read the book) response from this Catholic defender of the market economy. Continue Reading...

Is Capitalism Really A Dangerous Idea?

Over at MercatorNet, there is a discussion taking place on the “world’s most dangerous idea.” Entries include the idea that human beings are no more dignified than animals, that the cheap, abundant information found on the Internet is a good thing, and that the holding of dogmas is only for the narrow-minded. Continue Reading...