Acton Institute Powerblog

PowerLinks – 08.06.12

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Greed wasn’t good in the Middle Ages – historian looks at medieval business ethics
Camille Brown,

In describing the contradiction between present-day business attitudes and a medieval mindset, Stokes said, “A medieval businessman would surely be impressed by the successes of his modern descendants, but he would also despise them as men without honor or virtue.”

More Than Money – Economics As Stewardship
Anne Bradley, nstitute for Faith, Work & Economics

Why is it important to focus on faith, work, AND economics? Because understanding economics – beyond the financial sense of the word – helps you apply your creativity, purpose, and freedom to the best of your abilities. It will help you better steward the gifts and resources God has given you.

Does Free Enterprise Encourage Excess and Exploitation?
Wesley Gant, Values & Capitalism

Aside from the purely economic benefits of capitalism and the broad acknowledgement that freedom itself is a good thing, is it possible that the negative effects of capitalism outweigh the positives?

Let’s shatter the myth on Glass-Steagall
Steven Pearlstein, Washington Post

Repeal of Glass-Steagall has become for the Democratic left what Fannie Mae and Freddie Mac are for the Republican right — a simple and facially plausible conspiracy theory about the crisis that reinforces what they already believed about financial markets and economic policy.

Joe Carter Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).