Acton Institute Powerblog

PowerLinks – 10.22.12

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Morality and Markets: The Humane Balance
Ralph E. Ancil, The Imaginative Conservative

To protect the market system against these destructive abuses, a commitment to permanent values is required by market participants, both consumers and producers, and to what German economist Wilhelm Roepke called a “terror regime of decency” as well as to a public policy rooted in that decency.

Minnesota Relaxes on Online Ed
Walter Russell Mead, The American Interest

On Friday, we remarked on the outrageous story that online education startup Coursera was being banned in Minnesota on the grounds that it hadn’t registered with the state government.

The Clarity and Specificity of Thomistic Natural Law
Howard Kainz, The Catholic Thing

Natural law theory has had a long and honorable history – from ancient Greek philosophy to the Stoics, St. Thomas Aquinas and other scholastics, as well as Protestant “natural lawyers” such as Grotius, Cumberland, and Pufendorf.

The Virtue of Business
Kevin Lowry, Integrated Catholic Life

We can probably agree that business is a major driver of not only economic, but social change. Not that it’s all good, but that’s exactly why we need to consider the bigger picture: what is the purpose of business in our world? How can we harness its value for the good of mankind?

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).