Acton Institute Powerblog Archives

Post Tagged 'economics'

October 17, 2008

Is John Wesley’s Economic Advice Sound?

Writing a commentary for the United Methodist News Service, J. Richard Peck encourages readers to heed John Wesley’s advice on economic policy. “In short, Wesley called for higher taxes upon the wealthy and laws that would prohibit the wasting of natural products,” says Peck. Continue Reading...
September 03, 2008

Are there economic laws?

In the latest edition of an otherwise scholarly theological journal, a writer, who only ever writes about one subject, attacked the free market as usual. He wrote: “Neither can economics be satisfied with leaving human beings to the mercy of markets with their supposed ‘laws.’. Continue Reading...
August 22, 2008

Journal of Markets & Morality, Volume 11, Issue 1

With this issue of the Journal of Markets & Morality, we introduce a new semi-regular feature section, the Status Quaestionis. Conceived as a complement to our Scholia, the Status Quaestionis features are intended to help us grasp in a more thorough and comprehensive way the state of the scholarly landscape with regard to the modern intersection between religion and economics. Continue Reading...
July 29, 2008

City Journal: The science of economics

The Summer issue of City Journal features a piece worth reading by Guy Sorman titled “Economics Does Not Lie.” The paper includes weighty arguments favoring a free market economic system and the author does a good job explaining the rationale of those who criticize a free economy. Continue Reading...
July 19, 2008

Right Online Austin: Global warming

While former Vice President Al Gore mesmerized activists at Netroots Nation this morning with a surprise visit to Austin, Texas, a different kind of conversation about global warming was taking place at the Right Online conference in the same city. Continue Reading...
April 24, 2008

Returning to the real economy

In the April 24 edition of the Vatican newspaper L’Osservatore Romano, Ettore Gotti Tedeschi focuses on the origins and lessons of the global financial crisis. In a previous article, Gotti Tedeschi argued that the downturn is an opportunity for Italy to reform its economy and cut down on unnecessary public spending. Continue Reading...
April 22, 2008

Recycled laziness

I know there are some economic arguments against recycling, at least some forms of it. Many of these seem to be based on the fact that there’s no real profit margin, so proponents have to either engage the coercive power of government to get people to recycle (by charging them a fee or by offering city services) or people have to simply donate their recycle-ables gratis. Continue Reading...
March 18, 2008

Bashing globalization in the name of European ‘values’

Hostility towards globalization is not the exclusive territory of the left in Italy. Giulio Tremonti, a former minister of the economy in Silvio Berlusconi’s centre-right government, has written a book called Fear and Hope (La Paura e la Speranza), largely arguing against free trade and the opening of international markets. Continue Reading...
March 07, 2008

Who said it?

Surely these are the words of a disciple of Hayek or Friedman, right? Under the guise of protecting us from ourselves, the right and the left are becoming ever more aggressive in regulating behavior… …The real question for policy makers is how to protect those worthy borrowers who are struggling, without throwing out a system that works fine for the majority of its users (all of whom have freely chosen to use it). Continue Reading...