Acton Institute Powerblog Archives

Post Tagged 'free-market'

How Donald Trump’s chief strategist thinks about capitalism and Christianity

Soon after winning the election, President-elect Donald Trump created waves of controversy by naming Steve Bannon, his former campaign CEO, as chief strategist and Senior Counselor in the new administration. Yet while Bannon’s harsh and opportunistic brand of political combat and questionable role as a catalyst for the alt-right are well-documented and rightly critiqued, his personal worldview is a bit more blurry.  Continue Reading...

Interview: The Christian case for libertarianism

Is it possible to be both a Christian and a libertarian? In a forthcoming book, Called to Freedom: Why You Can Be Christian & Libertarian, six Christian libertarians offer an emphatic, “yes,” exploring key tensions and challenging a range common critiques (whether from conservative Christians or secular libertarians). Continue Reading...

‘The historical heritage of human labour’

Many view Labor Day as a celebration of all forms of work. The origins of the holiday come from the labor union movement, which for some is not so laudable. This leads some free-market advocates to refer instead to “Capital Day.” One might be tempted to respond as parents often do when kids ask why there is a separate Father’s or Mother’s Day but no “Kid’s Day.” The answer: Every day is Kid’s Day. Continue Reading...

6 thought-provoking quotes from AEI’s ‘Economic Freedom and Human Flourishing’

School of Athens by Raphael In considering issues of political economy today, it is always prudent to refer to wisdom from the past.  The American Enterprise Institute’s recent publication “Economic Freedom and Human Flourishing: Perspectives from Political Philosophy” is a collection of essays that analyzes the thought of several prominent philosophers on the connection between the title’s two subjects. Continue Reading...

Just how bad is crony capitalism?

The Bosses of the Senate, a cartoon by Joseph Keppler. First published in Puck 1889. Cronyism is ugly. It hurts the economy, it’s unjust, and corrupts the core of democracy.  “The damage that cronyism has inflicted on the economy is considerable,” Samuel Gregg writes in a new piece for Public Discourse. Continue Reading...

Pope Economically Confused in Bolivia

Today at the Library of Law & Liberty, I examine Pope Francis’s recent speech in Bolivia, in which he calls for “an economy where human beings, in harmony with nature, structure the entire system of production and distribution in such a way that the abilities and needs of each individual find suitable expression in social life.” I have no objection to that, but what he seems to miss is that the very policies he criticizes all characterize those countries in the world that most closely resemble his goal. Continue Reading...