Acton Institute Powerblog Archives

Post Tagged 'free enterprise'

Friendship, Markets, and Reciprocal Gifts

In his 2009 encyclical, Caritas in Veritate, Pope Benedict XVI highlighted the inadequacy of a social imaginary that includes only the market and the state: The exclusively binary model of market-plus-State is corrosive of society, while economic forms based on solidarity, which find their natural home in civil society without being restricted to it, build up society. Continue Reading...

Mansa Musa and the Magic of the Free Market

A new study has produced an inflation-adjusted list of the richest people of all time. To give you an idea of just how rich the rich people on the list are consider that Sam Walton and Warren Buffett are the poorest guys to make the cut. Continue Reading...
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