Acton Institute Powerblog Archives

Post Tagged 'economics'

August 08, 2023

JPII, Mises, and Economics in Action

Why would a theologian conduct a theological and moral analysis of human action as described by Ludwig von Mises, a represen­tative of the Austrian school of economics? What can an economist and agnostic tell the moral theologian about man? Continue Reading...
June 29, 2023

Getting Back to a Mind-Centered Economy

If there is anything that makes people nervous about capitalism, it is surely the prospect of instability. Whether it is the boom-bust cycle or severe financial crises, the up-and-downs that seem to be part-and-parcel of life in market economies make us nervous. Continue Reading...
June 20, 2023

There Are No Alternatives to Free Market Capitalism

Alexander William Salter’s new book, The Political Economy of Distributism: Property, Liberty, and the Common Good, is an odd fish. It begs questions, contains numerous chapters that consist mostly of lengthy quotations, and at times seems to contradict itself, yet in the end it affirms an essential truth that we may forget from time to time, that private property is essential for political freedom. Continue Reading...
October 26, 2022

Banking, Panics, and Regs: The 2022 Economics Nobel

Earlier this month, Ben Bernanke, Douglas Diamond, and Philip Dybvig were awarded the Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel. Bernanke, Diamond, and Dybvig were honored for their many contributions to our shared understanding of both the role of banking and banking failures. Continue Reading...