Acton Institute Powerblog Archives

Post Tagged 'globalization'

Religious Leaders Bash the Global Market

Why do so many clergy and religious activists reflexively attack the free market? Kishore Jayabalan takes a look at recent anti-business campaigns. “The very concepts of business and profit motive are often reason enough for religious leaders to condemn an activity as immoral and unethical, and criticisms of multinational corporations are just the same condemnations on a larger scale,” he writes. Continue Reading...

NBER on Globalization and Poverty

From the abstract of a new paper from the NBER, “Globalization and Poverty,” by Ann Harrison: “This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of globalization: trade and international capital flows…. Continue Reading...

Connecting France with good economics

It seems that it may be possible. An interesting article from yesterday’s International Herald Tribune: Danielle Scache tries to avoid using the term “capitalism” in her economics class because it has negative connotations in France. Continue Reading...

A time of flux for Electrolux

An interesting news story on local Grand Rapids television last night concerning the long awaited closing of an Electrolux plant. While the story was fair and optimistic, I got a bit of a kick out of soundbite from Chicago writer Richard Longworth who said: “A wonderfully decent way of life is now just being undermined by productivity, by the global economy.” Continue Reading...