Acton Institute Powerblog

PowerLinks 11.15.17

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Capital As a Form of Charity
F.A. Harper, Mises Wire

Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an act of charity. And further, I believe it to be — as a type — the greatest economic charity of all.

Adoption tax credit restored to GOP proposal after outcry
Catholic News Agency

The adoption tax credit has been restored to the congressional tax plan, where it had originally been left out. Advocates for the credit argue that it helps defray the high costs of adoption, which might prevent children otherwise eligible for adoption from finding families.

Why Socialism Is Still Awful Despite Its European Image Makeover
Ben Dietderich, The Federalist

While conservatives have been busy repudiating outdated communist ideas, the American left has succeeded in selling a new fantasy: the democratic-socialist utopia.

The recipe for prosperity
Richard M. Ebling, CapX

Market economics has helped mankind escape crippling poverty.

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).

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