Acton Institute Powerblog Archives

Post Tagged 'wealth'

November 22, 2016

Thomas Sowell on poverty, politics, and the origins of prosperity

“The mundane progress driven by ordinary economic and social processes in a free society becomes dramatic only when its track record is viewed in retrospect over a span of years.” –Thomas Sowell In a recent edition of Uncommon Knowledge, economist Thomas Sowell discusses his latest book, Wealth, Poverty, and Politics, which provides a comprehensive argument for the origins of prosperity. Continue Reading...
October 05, 2016

‘Riches do not bring freedom’

The contrast between the treatments by David Bentley Hart and Dylan Pahman of the question of the intrinsic evil of “great personal wealth” this week pretty well established, I think, that in itself wealth is among the things neither forbidden nor absolutely required. Continue Reading...
August 27, 2015

Surrendered Unto Stewardship: Darrell Bock On Money That Matters

What is the purpose of money? Is it for our survival? For our status, significance, or success? Is it for the service of ourselves or for the service of others? In a talk for the Oikonomia Network, theologian Darrell Bock sets out to answer the question, drawing from the numerous treatments of money in the book of Luke — from the rich fool and Lazarus’ wealthy neighbor to Zacchaeus and the widow’s mite. Continue Reading...
August 03, 2015

The Rise and Fall of a Detroit Neighborhood

If you want to see what happens when a government fails its basic responsibilities of maintaining law and order, read this fine and saddening piece by Detroit Free Press columnist John Carlisle, “The last days of Detroit’s Chaldean Town.”  Continue Reading...
April 29, 2015

Income Inequality Isn’t The Problem; Greed Is

Recently, Rev. Robert Sirico spoke in Chicago. He was asked a question regarding income inequality. His answer was that he didn’t care how much money Bill Gates had, nor did it matter to him the difference between Gates’ income and say, Warren Buffet’s. Continue Reading...
March 24, 2015

The Loneliness of the Fortunate

“No, those who labor and are heavy-laden do not all look the way Rembrandt drew them in his ‘Hundred Guilder’ picture—poverty-stricken, miserable, sick, leprous, ragged, with worn, furrowed faces. They are also found concealed behind happy-looking, youthful faces and brilliantly successful lives. Continue Reading...