global economy

October 01, 2015

Resource Page on Pope and Environment Continues With Fresh Content

While the 2015 papal visit to the United States has wrapped up, the Acton Institute continues to add fresh content to our webpage dedicated to the pope, the environment, the global economy and other issues of note. Continue Reading...

July 08, 2009

International Governance in Caritas in Veritate and The Road to Serfdom

In his new encyclical, Caritas in Veritate, Pope Benedict XVI calls for an international political authority, “so that the concept of the family of nations can acquire real teeth.” He tasks it with issues like human rights, ensuring access to necessities including food and water, and managing the global economy. Continue Reading...

February 05, 2008

‘Casino capitalism’ or personal failure?

Two weeks ago, French bank Société Générale announced that off-balance sheet speculation by a single “rogue trader” had cost the company 4.9 billion Euros ($7.2 billion). The scandal had enormous repercussions in international markets leading some commentators to decry the rotten nature of global “casino” capitalism and to call for the reversal of financial liberalization. Continue Reading...

September 25, 2007

Quran, Money Lending, and Economic Growth

Samuel Gregg, director of research at the Acton Institute, has a piece in today’s Detroit News titled, “Will Quran limit growth of Muslim nations?” The commentary addresses the economic outlook of Muslims, and Islamic nations, considering their religious position against the charging of interest. Continue Reading...

April 13, 2007

The 100-mile suit

In the film The Pursuit of Happyness (review here), there’s a scene where Will Smith’s character arrives late for an interview with a stock brokerage firm and has no shirt on. Continue Reading...

November 08, 2006

Creativity and Capital

How can developing countries best compete in a global economy? Humberto Belli, president of Ave Maria College of the Americas in Nicaragua, points to the power of education and human resources. Continue Reading...