Acton Institute Powerblog Archives

Post Tagged 'globalization'

February 07, 2008

Economists are people too

In any period of economic transition there are upheavals at various levels, and winners and losers (at least in the short term). We live in just such an age today in North America, as we move from an industrial to a post-industrial information and service economy, from isolationism to increased globalization. Continue Reading...
October 17, 2007

Who’s Afraid of Free Trade?

In answer to the query in the headline of this week’s Acton Commentary, “Who’s Afraid of Free Trade?”, I submit the following: the ecumenical movement. Note the following news item from Ecumenical News International: Church groups mount week of action to transform global trade Geneva (ENI). Continue Reading...
September 05, 2007

Globalization By Itself is Not Enough

A recent NBER paper, “Distributional Effects of Globalization in Developing Countries,” by Pinelopi Koujianou Goldberg and Nina Pavcnik examines some effects of trade liberalization on low-skill workers. Les Picker summarizes the findings, “Not surprisingly, the entry of many developing countries into the world market in the last three decades coincides with changes in various measures of inequality in these countries. Continue Reading...
August 06, 2007

Debunking the ‘Eat Local’ Myth

An op-ed in today’s NYT by James E. McWilliams, “Food That Travels Well,” articulates some of the suspicions I’ve had about the whole “eat local” phenomenon. It seems to me that duplicating the kind of infrastructure necessary to sustain a great variety of food production every hundred miles or so is grossly inefficient. Continue Reading...
June 20, 2007

National Security and Global Warming

On today’s Diane Rehm Show, a panel of experts discussed the pending energy policy legislation in the US Congress. Karen Wayland, legislative director of the Natural Resources Defense Counsel talked about the need to join the concepts of national security and climate change when discussing energy policy (RealAudio). Continue Reading...
June 06, 2007

The Church and Globalization

Economic globalization has lifted millions out of dire poverty and is an unparalelled engine of wealth creation. But, like other economic systems, it needs the moral framework that the Church provides to guide it as a humane force for good. Continue Reading...
April 02, 2007

‘Reverse’ subsidies

A couple weeks ago the NYT magazine ran a piece by contributing writer Tina Rosenberg, which attempts to outline some of the ways in which “everyone in a wealthy nation has become the beneficiary of the generous subsidies that poorer countries bestow upon rich ones.” Continue Reading...
January 08, 2007

Economic lessons in your morning mug

A NYT editorial informs us today that retail prices for coffee products are rising (HT: Icarus Fallen). We are assured, however, that the price rise has been “relatively modest” and that an important factor is “changes in supply and demand in a global economy.” Continue Reading...