Acton Institute Powerblog

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February 27, 2014

A Christian Defense of Fracking

Fracking is a slang term for hydraulic fracturing, a procedure of creating fractures in rocks and rock formations by injecting fluid into cracks to force them further open. The larger fissures allow more oil and gas to flow out of the formation and into the wellbore, from where it can be extracted. Continue Reading...
September 18, 2013

The Social Responsibility of Business

When business corporations are created, the community does not give something away, says Robert G. Kennedy in this week’s Acton Commentary. Instead, in order to pursue the economic benefits offered by the corporate structure, the community offers something in exchange. Continue Reading...
April 08, 2013

10 memorable Thatcher quotes on economics and freedom

1. “Pennies don’t fall from heaven, they have to be earned here on earth.” (Speech at Lord Mayor’s Banquet, 11/12/79) 2. “If a Tory does not believe that private property is one of the main bulwarks of individual freedom, then he had better become a socialist and have done with it.” Continue Reading...
November 13, 2012

Dorothy Day and the US Bishops’ Conference 2012

I will not indulge in any sort of “what would Dorothy Day do” when it comes to thinking about the current US Catholic Bishops’ Conference taking place in Baltimore.  However, it is interesting to ponder this woman who exemplifies so much of 20th century Catholicism and the bishops’ agenda, especially as the bishops discuss cause for her canonization, while on the same day failing to pass a pastoral message on economics. Continue Reading...
May 29, 2012

Sandel’s Flawed Philosophy

Rev. Sirico’s new book is not the only recent entry on the topic of markets and morality (though from comparing reviews, it may be the best). Harvard political philosopher Michael Sandel also examines the subject in What Money Can’t Buy. Continue Reading...