Acton Institute Powerblog Archives

Post Tagged 'economics'

Benefits of tort reform

A recent NBER working paper, “The Effects of Tort Reform on Medical Malpractice Insurers’ Ultimate Losses,” argues that “The long run effects of reforms are greater than insurers’ expected effects, as five year developed losses and ten year developed losses are below the initially reported incurred losses for those years following reform measures.” Continue Reading...

Ethics and economics

Henry Stob, the longtime professor of philosophical and moral theology at Calvin Theological Seminary, authored a compendium of articles on various aspects of theological ethics in his 1978 book titled, Ethical Reflections: Essays on Moral Themes (Grand Rapids: Eerdmans). Continue Reading...

A swiftly tilting economics

I was waiting for the shuttle this morning when it struck me–an idea, I mean, not the shuttle. We talk a lot here at the Acton Institute about how economics needs morality and morality needs economics; or, as Fr. Continue Reading...

The Cartwrights and cowboy compassion

I was watching my favorite rerun on TV Land the other day, Bonanza. If you don’t know Bonanza, you should. It’s perhaps the classic TV western, and I was watching episode #68 from Season Three, “Springtime.” Continue Reading...

The ‘ecumenical’ alternative

If you’re looking for more insight on, or perhaps simple confirmation of, the economic agenda of the ‘ecumenical’ movement (the World Council of Churches [WCC] the World Alliance of Reformed Churches [WARC], et al.), Continue Reading...

Stewardship and economics: two sides of the same coin

In yesterday’s Acton Commentary, I argued that the biblical foundation for the concepts of stewardship and economics should lead us to see them as united. In this sense I wrote, “Economics can be understood as the theoretical side of stewardship, and stewardship can be understood as the practical side of economics.” Continue Reading...

Concerns about consensus

George H. Taylor, the State Climatologist for Oregon, writes at TCS Daily, “A Consensus About Consensus.” The article is worth reading. It shows that scientific consensus is often overrated, both in terms of its existence and in terms of its relevance. Continue Reading...

Acton ad campaign update

Acton is wrapping up a three-month project that had print advertisements running in several publications: WORLD, Crisis and the Michigan Catholic. The idea is to get people thinking about the economic consequences of trade policies and the power of entrepreneurial creativity. Continue Reading...

Why Johnny can’t compete with Sanjay

The math and science skills of American high schoolers and college students continue to erode. Michael Miller looks at the implications for U.S. economic competitiveness and offers some suggestions for fixing what ails the schools. Continue Reading...

Created imago Dei

Winners of the 2005 Acton Essay Competition have been announced. The topic for the 15th annual competition: The human person, by virtue of being created imago Dei, is an independent being, individually unique, rational, the subject of moral agency, a co-creator, and inherently social. Continue Reading...