Acton Institute Powerblog Archives

Post Tagged 'exchange'

Free trade propaganda from … Communist China?

In the wake of the last presidential election, the American people appear to be fracturing and shifting on the long-held consensus about the benefits of free trade. Meanwhile, state-owned television in the People’s Republic of China is churning out pro-trade propaganda such as this (HT Pethokoukis): Yet the underlying irony is a bit overstated, I’d suspect. Continue Reading...

An economist’s Christmas: Is gift-giving wasteful?

During a season such as Christmas, where hyper-consumerism and hyper-generosity converge in strange and mysterious ways, it’s a question worth asking: How much of our gift-giving is inefficient and wasteful? For some, it’s a buzz-kill question worthy of Ebenezer Scrooge. Continue Reading...

Why coffee tasting matters to God

Does the work of a coffee buyer have an impact that stretches on into eternity? Does coffee tasting matter to God? In a new video from Chapel Hill Bible Church, coffee taster and buyer Jeff McArthur shares how he came to see the deeper meaning of his work, both in the day-to-day trades and exchanges with his customers and community and in the relational ripple effects that reach on into the broader economic order. Continue Reading...

The immorality of tariffs

Abraham Kuyper (1837 – 1920) | Wikimedia Commons The benefits of free trade are vast, and enjoyed throughout the world.  The alternative — trade restricted by protective tariffs and quotas — concentrates benefits to a protected few who profit due to less competition from foreign competitors. Continue Reading...

Living in the Mystery of Kingdom Stewardship

When it comes to economic stewardship, Christians are called to a frame of mind distinct from the world around us. Though we, like anyone, will sow and bear fruit, ours is an approach driven less by ownership than by partnership, a collaboration with a source of provision before and beyond ourselves.  Continue Reading...