Acton Institute Powerblog Archives

Post Tagged 'Business/Finance'

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...

How Religious Freedom Helps the Poor

Freedom to practice one’s faith and be a person of faith can be instrumental in enabling the poor to achieve some modicum of social and economic freedom, says Rebecca Shah: Religion is no panacea, but aspects of religion can activate certain practices and partnerships among its adherents that can motivate and encourage economic development. Continue Reading...

Thinking Biblically About Bankruptcy

The Bible has a lot to say about the principles behind bankruptcy law, says T. Kyle Bryant. In the Old Testament, God gave Moses various laws concerning the poor, lenders, borrowers, and debt forgiveness. Continue Reading...

Proxy Resolutions Aim to Stifle Corporate Speech

On Friday, June 6, shareholders of Wal-Mart Stores, Inc., will gather at the Bud Walton Auditorium on the University of Arkansas campus in Fayetteville, Ark. Among them will be As You Sow member Zevin Asset Management, which is pushing a resolution demanding the retailer issue annual reports on its policy, lobbying and membership expenditures. Continue Reading...

Argument Outline: Why Religious Freedoms Apply to For-Profit Corporations

[Note: “Argument Outline” is a new occasional series that provides summaries of religious, economic, and public policy arguments presented in the public square.] The Religious Freedom Restoration Act (RFRA) states that government shall not substantially burden a person’s exercise of religion even if the burden results from a rule of general applicability, except in certain conflicts with a compelling governmental interest. Continue Reading...

Explainer: What is Going on in Vietnam?

What is going on in Vietnam? For decades, China and Vietnam have clashed over control of parts of South China Sea, which is rich in oil and fish. Earlier this month, China moved an oil drilling rig into waters claimed by Vietnam. Continue Reading...

What Most People Get Wrong About Economics

I am not an economist. Truth be told, I only took one class in economics as an undergrad. However, I’ve learned a lot in the past few years, and one of the things I’ve learned is that most people don’t understand economics. Continue Reading...

Winners of 2014 Mini-Grants on Free Market Economics

The Acton Institute Mini-Grants on Free Market Economics Program accepts proposals from business and economics faculty members at Christian colleges, seminaries, and universities in the United States and Canada in order to promote the scholarship and teaching of market economics. Continue Reading...

As Expected, Jobless Claims ‘Unexpectedly’ Increase

Today at Bloomberg we find this unexpected news about unemployment: Applications for U.S. unemployment benefits unexpectedly climbed to a nine-week high, underscoring the difficulty adjusting the data for seasonal variations such as the Easter holiday and spring recess at schools. Continue Reading...