Acton Institute Powerblog Archives

Post Tagged 'The Spirit of Democratic Capitalism'

July 15, 2021

A biblical theology of work, Part 2: Wealth creation

Wealth creation is a divine imperative, though one that generates significant responsibilities. The church fails on business and economics when leaders think only about the responsibilities of wealth and nothing at all about how that wealth is created – both are divine imperatives. Continue Reading...
November 21, 2012

Acton Commentary: Sacrifice and Self-Interest

In this week’s Acton Commentary, I take a look at the relationship between sacrifice and self-interest. One of the common complaints against market economies is that they foster selfishness. But as Paul Heyne points out, it is crucially important to distinguish between self-interest and selfishness: “Many of the most eminent and sophisticated theorists in the economics profession make no effort to distinguish between self-interest and selfishness or between rational behavior and greedy behavior.” Continue Reading...