Acton Institute Powerblog Archives

Post Tagged 'finance'

Is it immoral to charge interest?

Interest-bearing loans are commonplace in today’s economy, but are a subject of great contention in many of the world’s great intellectual and religious traditions. The Mosaic Law dictates: “If you lend money to any of my people who are needy among you, do not be like a moneylender to him; do not charge him interest” (Exodus 22:25). Continue Reading...

Brains and brawn: Does manual labor belong in the modern economy?

As economic prosperity continues to spread, and as the American economy completes its transition into the age of information, manual labor is increasingly cast down in the popular imagination. When our youth navigate and graduate from high school, they receive a range of pressures to attend four-year colleges and pursue various “white-collar” careers, whether in finance or law or tech or the academy. Continue Reading...

Financial endeavors can serve the common good

“Gregg lays out a careful and detailed argument for the proposition that, done well, financial endeavors can serve the common good,” says Adam J. MacLeod in a review of Acton Research Director Samuel Gregg’s most recent book For God and Profit: How Banking and Finance Can Serve the Common Good. Continue Reading...

In Defense of Wall Street

If we forget finance’s indispensable role in modern economies, says Samuel Gregg, research director for the Acton Institute, in an op-ed for The Detroit News, it’s guaranteed that everyone will be worse off. Continue Reading...

Ben Sasse on Why Over-Regulation Hurts the Poor

Conservatives are known for arguing about the ill effects of over-regulation, reminding us how it stifles innovation, cramps entrepreneurship, and harms small businesses. Where we’re less effective is connecting this reality to the more fundamental abuses it wields on human dignity in general and the poor and vulnerable in particular. Continue Reading...
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