Acton Institute Powerblog Archives

Post Tagged 'academia'

The trivium of business school

Note: This is the second in a series on developing a Christian mind in business school. You can find the intro post here. When people ask me what business school was like, I’m tempted to say, “A lot like a medieval university.” Unfortunately, that comparison makes people think b-school is dark, musty, and full of monks—which is not quite what I mean. Continue Reading...

Economics made the world a better place

“A lot of doom and gloom types say we’re living in dark times. But they’re wrong,” says economist Donald J. Boudreaux. “While there are real problems, the world has never been healthier, wealthier, and happier than it is today. Continue Reading...

Does globalization destroy culture?

Globalization is routinely decried for its disruptive effects, particularly as it relates to local culture and community enterprises and institutions. Even as it’s proven to drive significant economic growth, questions remain about its steamrolling influence on the culture. Continue Reading...

6 Quotes: Sowell on economics and ideas

Over the past few decades, economist Thomas Sowell, age 86, has been one of the most effective, yet under-appreciated, proponents of conservative and libertarian economic thought. He is also one of our most powerful critics of the often destructive and harmful effects of liberal economic policies. Continue Reading...

The value of trust—and how to create it

Trusting strangers not only makes our lives easier, it makes our country more prosperous. As economist Tim Hartford says, “One of the underrated achievements of the modern world has been to develop ways to extend the circle of trust by depersonalising it.” How do we create and extend these “circles of trust”? Continue Reading...

Financial endeavors can serve the common good

“Gregg lays out a careful and detailed argument for the proposition that, done well, financial endeavors can serve the common good,” says Adam J. MacLeod in a review of Acton Research Director Samuel Gregg’s most recent book For God and Profit: How Banking and Finance Can Serve the Common Good. Continue Reading...

Understanding tax revenue and deadweight loss

Note: This is post #12 in a weekly video series on basic microeconomics. Why do taxes exist? What are their effects? In this video by Marginal Revolution University, economist Alex Tabarrok explains how taxes affect consumer surplus and producer surplus. Continue Reading...