Acton Institute Powerblog Archives

Post Tagged 'Business/Finance'

Fewer Babies, Longer Lives

The Transom links today to a piece about how Proctor & Gamble is ramping up product lines aimed at older adults. “The flip side of the low birthrate is we’re all living longer,” said corporate exec Tom Falk. Continue Reading...

Student Debt and the Value of an Education

“Despite the mounting cost and swelling debt,” notes Laura Prejean in this week’s Acton Commentary, “America’s demand for education, particularly higher education, has not decreased, defying typical market expectations.” This is what economists call inelastic demand, when people continue to buy a good or service regardless of an increase in prices. Continue Reading...

The Moral Value of Economic Growth

In 1820, America’s per capita income averaged $1,980, in today’s dollars. But by 2000, it had increased to $43,000. That economic growth has benefited the rich, of course. But it has also transformed the lives of the poor — and prevented many more from becoming or staying poor. Continue Reading...

Which U.S. States are the Most Corrupt?

There’s an old saying that corruption is authority plus monopoly minus transparency. That combination makes state-level governments especially prone to the temptations of corruption. A new study in Public Administration Review, “The Impact of Public Officials’ Corruption on the Size and Allocation of U.S. Continue Reading...

Feel-Good Taxation and the Monkey’s Paw

File under allegory: An Austin, Texas, resident whose property tax bill has her “at the breaking point.” As noted by Katherine Mary Ham at HotAir, the resident in question, Gretchen Gardner, deems the $8,500 bill for which she’s on the hook a wee tad cumbersome. Continue Reading...

What Christians Should Know About Money

Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries in the series see this post. The Term: Money What it Means: In economics, money is a broad term that refers to any financial instrument that can fulfill the functions of money (more on that in a moment). Continue Reading...

Jonathan Witt on the Failure of ‘Social Business’

Jonathan Witt, research fellow at Acton, recently wrote a piece at The Federalist about “social business.” He argues that it might do more good to own and operate an ethical business that follows through on its contracts and “respects the dignity of employees and customers,” rather than trying to have a “social business.” Witt begins by talking about a cardboard bike. Continue Reading...