Acton Institute Powerblog Archives

Economics and Social Problems

Herman Bavinck on love, economics, and the reformation of society

When we think about markets, we often think only in terms of mathematics or money. But at a deeper level, markets are simply networks of human relationships. When we participate in economic activity, we aren’t just creating wealth; we are forming communities, cultures, and civilization, partnering with God and neighbor in a divine exchange of gifts, blessings, and love. Continue Reading...

What you should know about Jubilee Years

The Year of Jubilee, by Henry Le Jeune (1905)   One of the earliest economic programs mentioned in the Bible is the Year of Jubilee. In the Jubilee Year, as William Baur explains, all land would automatically revert to its original owner (Leviticus 25:10; 25:13), and those who, compelled by poverty, had sold themselves as slaves to their brothers, should regain their liberty (Leviticus 25:10; 25:39). Continue Reading...