Acton Institute Powerblog

PowerLinks 06.15.17

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Is America Encouraging the Wrong Kind of Entrepreneurship?
Robert E. LitanIan Hathaway, Harvard Business Review

Baumol was worried, however, by a very different sort of entrepreneur: the “unproductive” ones, who exploit special relationships with the government to construct regulatory moats, secure public spending for their own benefit, or bend specific rules to their will, in the process stifling competition to create advantage for their firms. Economists call this rent-seeking behavior.

What You Should Know about Poverty in America
Antony Davies and James R. Harrigan, FEE

Poverty is a big deal – it affects about 41 million people in the United States every year – yet the federal government spends a huge amount of money to end poverty. How can this be? A

Family-State-Self: The Classical Triumvirate
Jake Sommer, The Imaginative Conservative

History remembers Hannibal and Scipio Africanus, not because they were unique in their motivations, but because they were the absolute embodiment of the citizen-State symbiosis that bound the family and State together.

The Mirage of Democratic Socialism: Why Are Millennials So Attracted?
Hugh Whelchel, Institute for Faith, Work, and Economics

They want to keep the high-level consumerism culture that free markets provide, while at the same time correcting perceived social ills infecting our country.

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).