Acton Institute Powerblog Archives

Post Tagged 'economics'

What Economics Can’t Explain

Tyler Cowen has an interesting column in last Sunday’s New York Times, arguing that despite run-of-the-mill objections to “cold” and “heartless” economic analysis, economics is, as a science, “egalitarian at its core”: Economic analysis is itself value-free, but in practice it encourages a cosmopolitan interest in natural equality. Continue Reading...

Michael Miller: Pope Francis Says Human Person is at Center of Economy

In today’s American Spectator, Acton’s Michael Matheson Miller focuses on Pope Francis’ “street smarts“: a man who knows poverty and economics at the most important and basic level. It’s a counter-intuitive tale of one of Latin America’s most significant bishops living in modest lodgings, cooking his own meals, and riding the crowded public transportation system in Buenos Aires. Continue Reading...

Will Pope Francis Go Left on Economics?

Will Pope Francis promote a leftist view of economics? Hot Air’s Ed Morrissey asked that question of Kishore Jayalaban, Director of Acton’s Rome office. Jayalaban says the impression that Francis will push economic arguments to the left is a misunderstanding of both Catholic economic thought and the economic situation in Argentina—where capitalism is much more rife with cronyism and corporatism than in the US. Continue Reading...

Innovation is a Moral Obligation

Innovation is an ethical matter through and through, says Chris MacDonald, because ethics is fundamentally concerned with anything that can promote or hinder human wellbeing. Innovation is generally a good thing, ethically, because it is aimed at allowing us to do new and desirable things. Continue Reading...

From the Roots of Society to the Fruits of Discipleship

I recently wrote about the need to reach beyond an earthbound economics, re-orienting our thinking around a more transcendent framework that requires active spiritual engagement and discernment. Even as Christians, far too often we set our focus too strongly on temporal features like material needs, happiness, and quality of life—all of which come into play accordingly—without first concerning ourselves with what God is actually calling us to do as individuals. Continue Reading...

Calvin Coolidge: A Rare Kind of Hero

Coolidge and pitching great Walter Johnson.Calvin Coolidge is ripe for national recognition and his wisdom is being sought out perhaps now more than ever. If you’re a voracious reader of commentary and columns you’ve noticed his common sense adages are being unearthed at a rapid pace. Continue Reading...