Acton Institute Powerblog Archives

Post Tagged 'Economic liberalism'

March 31, 2016

Ten quotes from economist Walter E. Williams

On this day in 1936, Walter E. Williams was born in the city of Philadelphia. The George Mason University economist is famous for his classical liberal views, often arguing that free market capitalism is not only the most moral economic system known to mankind, but it allows for the creation of the most wealth and prosperity. Continue Reading...
May 04, 2015

The Freedom Of Free Trade

At The Stream, Anne Bradley writes about the freedom that free trade brings. Why does free trade matter? We live in a world of scarcity: we have unlimited wants and limited means (resources) to satisfy those wants. Continue Reading...
August 20, 2014

Every Market Form in a Single Chart

Reading through the German economist Walter Eucken’s work The Foundation of Economics (1951), I came across one of the most helpful charts for economic analysis I have yet to find. In it, Eucken gives every possible form of market in a single table: Eucken adds four qualifications that are important to keep in mind: “These forms of market are actual forms which have been or are to be found in actual economic life (often blended with one another, and existing alongside the forms of a centrally directed economy). Continue Reading...
February 24, 2014

Orthodoxy and Ordoliberalism

Today at Red River Orthodox, I offer a brief introduction to the liberal tradition for Orthodox Christians living in the West: Liberalism, historically, is a broad intellectual tradition including a large and disparate group of thinkers. Continue Reading...
February 13, 2014

Liberating Our Labor

At Slate Miya Tokumitsu writes that the motto “Do What You Love” really functions as a kind of capitalism-supporting opiate: “In masking the very exploitative mechanisms of labor that it fuels, DWYL is, in fact, the most perfect ideological tool of capitalism.” Continue Reading...