Radio Free Acton: The Stewardship of Art, Part 1

September in Grand Rapids means the return of ArtPrize, which bills itself as a “radically open” art competition, juried by the general public, and awarding the largest cash prize for an art competition in the world – $250,000 for first place. Continue Reading...

Samuel Gregg: Fiat Money and Public Debt

On Public Discourse, Acton Research Director Samuel Gregg looks at fiat money and how today it “represents the end of a long process of development whereby governments have used their power of legal tender to use money to pursue various policy goals.” This brief excursion into economic history hints at some of the deeper economic—not to mention moral—problems associated with fiat money. Continue Reading...

Chrysostom on the Poor

From On Living Simply, Sermon XLIII. (HT: American Orthodox Institute Observer, et al.): Should we look to kings and princes to put right the inequalities between rich and poor? Should we require soldiers to come and seize the rich person’s gold and distribute it among his destitute neighbors? Continue Reading...

Review: The Battle

On his website, David Bahnsen reviews The Battle: How the Fight between Free Enterprise and Big Government Will Shape America’s Future by Arthur C. Brooks: The strongest points of the book, and the reason Brooks has done such critically important work here (World magazine has already recognized the book as its Book of 2010, by the way) are found in these two areas: (1) The moral nature of the battle that exists (2) The fundamental materialism that underpins the left’s approach towards creating income equality. Continue Reading...

Review: ‘The Great Wilhelm Röpke’

On the The American Spectator website, Theodore Roosevelt Malloch reviews Wilhelm Ropke’s Political Economy, a “brilliant, analytical intellectual history” from Acton Research Director Samuel Gregg. We are extremely grateful then to the brilliant researcher and scholar, Samuel Gregg of the Acton Institute, for a concise, penetrating, and thorough analysis of Röpke’s contribution to intellectual life. Continue Reading...