Acton Institute Powerblog Archives

Post Tagged 'free markets'

Video: Anne Rathbone Bradley on why Christians must support economic freedom

The 2017 Acton Lecture Series continued on March 3rd with an address by Anne Rathbone Bradley, Vice President of Economic Initiatives at the Institute for Faith, Work & Economics. Bradley explained that economic freedom is a necessary condition for each of us to contribute to and partake in human flourishing; Christians need to understand this fact and support economic freedom in order to allow everyone to be able to use their God-given gifts to participate in the redemption of His creation, and to better serve their families, neighbors, and others that they may not even know. Continue Reading...

Thomas Sowell on poverty, politics, and the origins of prosperity

“The mundane progress driven by ordinary economic and social processes in a free society becomes dramatic only when its track record is viewed in retrospect over a span of years.” –Thomas Sowell In a recent edition of Uncommon Knowledge, economist Thomas Sowell discusses his latest book, Wealth, Poverty, and Politics, which provides a comprehensive argument for the origins of prosperity. Continue Reading...

The 6 Elves of Capitalism

In “The Elves and the Shoemaker,” the famous fairy tale by the Brothers Grimm, a cobbler and his wife struggle to survive, barely making enough to eat (never mind investing in the future of their business). Continue Reading...

Can Capitalism Save the Arts?

Capitalism is routinely castigated as an enemy of the arts, with much of the finger-pointing bent toward monsters of profit and efficiency. Other critiques take aim at more systemic features, fearing that the type of industrialization that markets sometimes tend toward will inevitably detach artists from healthy social contexts, sucking dry any potential for flourishing as a result. Continue Reading...