Acton Institute PowerBlog - Entries from Wednesday, May 30, 2007

In Praise of Money

Wednesday, May 30, 2007

“Root of all evil” or liberator of mankind? Samuel Gregg examines the role that money plays in a free economy, particularly the way it “allows people to engage in the greater specialization of economic production which produces growth.”

Read the full commentary here.

Posted by Jonathan Spalink in Business and Society at 14:32 | Leave a comment | Trackback

Defined tags for this entry:
economy, free market, growth, money, production

Population and Poverty

Wednesday, May 30, 2007

The news coming out of the World Bank in recent weeks has largely focused on the departure of Paul Wolfowitz and the nomination of Robert B. Zoellick to head the bank. At the same time, a little noticed power struggle was underway at the World Bank over policies related to “reproductive health” and family planning. Michael Miller takes a closer look at the bank’s Malthusian enthusiasm.

Read the full commentary here.

Posted by Jonathan Spalink in Business and Society at 13:35 | Comments (6) | Trackback

Defined tags for this entry:
family planning, wolfowitz, world bank, zoellick

Speaking of Milton Friedman...

Wednesday, May 30, 2007

Speaking of Milton Friedman, here’s a link to a paper that looks interesting: “Transcendental Commitments of Economists: Friedman, Knight, and Nef” (HT: Organizations and Markets).

Acton president Robert A. Sirico’s reflection on Friedman’s legacy last year noted, “Friedman was a true Enlightenment disciple and feared that truth claims could lead to coercion.”

Posted by Jordan J. Ballor in General at 07:11 | Leave a comment | Trackback

Defined tags for this entry:
coercion, economics, milton friedman, religion, truth

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