Acton Institute Powerblog Archives

Post Tagged 'economics'

November 01, 2006

Inflation: A Moral Problem

Despite signs of a cooling economy, the Fed is holding the line on interest rates. And reason is fairly simple: Worries about inflation. While there are many good reasons for fiscal restraint in the face of the inflation threat, there are also larger moral issues at work, says Sam Gregg. Continue Reading...
November 01, 2006

CT on Political Races to Watch

Christianity Today has identified four political races to watch that “feature debates about issues of special concern to evangelicals.” One of these is Michigan’s race for governor between incumbent Jennifer Granholm and challenger Dick DeVos. Continue Reading...
October 30, 2006

An Economist’s Report on Climate Change

In a report commissioned by the UK government, Sir Nicholas Stern, a former chief economist of the World Bank, argues that the cost of waiting to take action to curb CO2 emissions will outpace other economic arguments against action on climate change. Continue Reading...
October 25, 2006

Micro-Finance: A Way Out of Poverty

In awarding the Peace Prize to Muhammad Yunus and the Grameen Bank, the Nobel Committee has focused the world’s attention on the power of “bottom up” economic development. Jennifer Roback Morse reminds us that “the micro-credit movement has helped many of the poor become less poor, and to lift themselves, their families, and their neighbors out of abject poverty.” Continue Reading...
October 20, 2006

Stossel and Symmetric Information

Jim Aune, blogger-in-chief at The Blogora, complained yesterday about his health care treatment. He says, “I have been in constant pain for 36 hours. I actually used a cane to go to the office yesterday for some meetings. Continue Reading...
September 20, 2006

Religion & Liberty: Being Good and Doing Well

The Summer 2006 issue of Religion & Liberty is now available. This issue focuses on the relationship between virtue and success. Looking at this question from several different perspectives – from an economic to a Biblical point of view – we convey that a virtuous society will best satisfy the requirements for liberty and free, and effective, markets. Continue Reading...
September 19, 2006

Prohibition, Blue Laws, and the Primum Usus Legis

A paper recently published at the National Bureau of Economic Research calls into question some conventional economic wisdom about the effects of certain kinds of legislation. In “The Church vs the Mall: What Happens When Religion Faces Increased Secular Competition?”, Continue Reading...
September 15, 2006

The Political Economy of Fantasy Sports

Although it is played by about 15 million Americans and amounting to a $1.5 billion a year industry, and even though it is a growing business and worth talking about, this post is not about the real-world economics of fantasy sports. Continue Reading...