Acton Institute Powerblog

Promoting free societies characterized by liberty & religious principles

‘Reverse’ subsidies

A couple weeks ago the NYT magazine ran a piece by contributing writer Tina Rosenberg, which attempts to outline some of the ways in which “everyone in a wealthy nation has become the beneficiary of the generous subsidies that poorer countries bestow upon rich ones.” Continue Reading...

Kristof on Kiva

Today’s NYT has an op-ed by Nicholas Kristof recommending the work of micro-finance organizations, like Kiva, whom we’ve mentioned before. Kristof writes in “You, Too, Can Be a Banker to the Poor” (TimesSelect) that “Small loans to entrepreneurs are now widely recognized as an important tool against poverty.” Continue Reading...

Catholic Latin America: A Turning Point?

Latin America’s Catholic bishops are preparing for a major conference in Brazil next spring and the agenda will include, aside from issues relating directly to the faith, discussions about politics, populism, corruption and economic globalization. Continue Reading...

Creativity and Capital

How can developing countries best compete in a global economy? Humberto Belli, president of Ave Maria College of the Americas in Nicaragua, points to the power of education and human resources. Continue Reading...

Jordan Ballor named to Relevant Nation

A big hat tip to Jordan Ballor, PowerBlog MVP and associate editor of Acton’s Journal of Markets & Morality, on his being named to Relevant Nation — a group of “50 Activist, Artists And Innovators Who Are Changing Their World Through Faith.” Continue Reading...

Religious Freedom in China

Do economic, political, and religious freedom go together? Rodney Stark, writing in his recent book The Victory of Reason, says that “It seems doubtful than an effective modern economy can be created without adopting capitalism, as was demonstrated by the failure of the command economies of the Soviet Union and China.” Continue Reading...

History and empire

John Wilson, editor of Books & Culture, writes up a summary of the proceedings of The Historical Society’s conference, “Globalization, Empire, and Imperialism in Historical Perspective.” “We urgently need an antidote to the journalistic clichés and the even more deplorable pseudo-scholarly discourse surrounding the interlocked themes of globalization, empire, and imperialism. Continue Reading...

Religion & Liberty: exploring poverty and hunger

The Spring 2006 issue of Religion & Liberty is now available. The new issue focuses on the topics of hunger and poverty, especially in the developing world. As R&L explores the various aspects of poverty, it touches on issues ranging from the effectiveness of government programs to the benefits of bio-technology and from the implications of globalization to the need for a moral foundation behind the development of economics. Continue Reading...