Acton Institute Powerblog Archives

Post Tagged 'market'

April 24, 2017

‘What Good Markets Are Good For’

As of this month, I have joined the “What Good Markets Are Good For: Towards a Moral Justification of Free Markets” project as a postdoctoral researcher in theology and economics. The project is a multi-year, multifaceted endeavor, focusing on the central claim that “societies with free-market economies flourish because and in so far as the key market actors (states, businesses and individuals) respect morality, and act virtuously.” Continue Reading...
October 25, 2016

Does the equilibrium model work in the real world?

Note: This is the seventh post in a weekly video series on basic microeconomics. In previous videos in this series from Marginal Revolution University we learned how prices reach equilibrium and how the market works like an invisible hand coordinating economic activity. Continue Reading...
December 31, 2013

Cooperation Makes Markets Thrive

In a recent piece for the Wall Street Journal, Emory economics professor Paul H. Rubin makes an interesting argument about the way economists tend to over-elevate and/or misconstrue the role of competition in the flourishing of markets. Continue Reading...
February 01, 2013

Civil Society and Social Eco-System: Seeking Solutions Beyond Market and State

Over at Fieldnotes Magazine, Matthew Kaemingk offers a good reminder that in our social solutions-seeking we needn’t be limited to thinking only in terms of market and state. By boxing ourselves in as such, Kaemingk argues, Christians risk an overly simplistic, non-Biblical view of human needs and human destiny: When presented with almost any social problem (education, health care, poverty, family life, and so on), today’s leaders typically point to one of two possible solutions—a freer market or a stronger state. Continue Reading...
January 03, 2013

New on AU Online: Marketplace Theology

What is the role of the marketplace in the Kingdom of God and in the redemptive process of God’s mission? Join David Doty, Founder and Executive Director of Eden’s Bridge, for an AU Online lecture series to discuss those questions. Continue Reading...
October 19, 2012

Last Chance to Register!

Is the “secular vs. sacred” worldview struggle just another first-world problem? Join us in a discussion of this topic in the AU Online series Freedom and Virtue in the Developed World. Continue Reading...