Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries in the series see this post.
The Term: Time Value of Money
What It Means: The time value of money (TVM) is the concept that because of potential earning capacity, money available at the present time is worth more than the same amount at a future time. Continue Reading...
Latest Posts
August 03, 2016
Samuel Gregg asks, ‘what causes terrorism?’
August 03, 2016
5 Facts about nuclear weapons
August 03, 2016
What Eric Whitacre’s ‘virtual choir’ teaches us about globalization and community
The rise of globalization and the expansion of trade are continuously decried for their disruptive effects, particularly as they apply to “authentic community.”
Indeed, our strides in global connectedness have often come at a local cost, with the small and familiar being routinely replaced by the big and blurry, the intimate with the superficial, and so on. Continue Reading...
August 03, 2016
Rediscovering the beautiful
August 02, 2016
The martyrdoms of labor
August 02, 2016
Venezuela’s socialism leads to slavery
August 01, 2016
How social-welfare policy is affecting family formation
July 29, 2016
Remembering Pope John Paul II’s advice: ‘Do not be afraid’
July 29, 2016