Acton Institute Powerblog Archives

Post Tagged 'free trade'

Bernie Sanders Loves to Decry ‘Casino Capitalism,’ But What About Economic Freedom?

In last Tuesday’s Democratic debate, Senator Bernie Sanders stayed true to his famed aversion to capitalism, proclaiming the fanciful virtues of “democratic socialism.” Yet when prodded by Anderson Cooper — who asked, “you don’t consider yourself a capitalist?” — Sanders responded not by attacking free markets, but by targeting a more popular target of discontent: Wall Street and the banks. Continue Reading...

Overcoming ‘Anti-Foreign Bias’ in Trade and Immigration

Many conservatives exhibit a peculiar tendency to be pro-liberty when it comes to business, trade, and wages, but protectionist when it comes to the economic effects of immigration. It’s an odd disconnect, and yet, as we’ve begun to see with figures like Donald Trump and Rick Santorum, one side is bound to eventually give way. Continue Reading...

Samuel Gregg On Free Trade, Trans-Pacific Partnership And The Church

The controversial Trans-Pacific Partnership (TPP), backed by many Republicans and President Obama, hit a snag Tuesday when key Democrats spoke out against the agreement. What exactly is the TPP? It is a free trade agreement with 12 nations (including China and Japan) that purports to increase economic growth, jobs and free trade. Continue Reading...

How U.S. Farm Subsidies Hurt the Global Poor

In the following clip from the PovertyCure series, Doug Seebeck explains how U.S. agricultural subsidies have significant negative consequences both at home and abroad — misaligning human action, distorting market signals, and diminishing opportunities for the least of these. Continue Reading...

What Christians Should Know About Comparative Advantage

Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries in the series see this post. The Term: Comparative advantage What it Means: The ability of an individual or group of individual (e.g., a business firm) to produce goods or services at a lower opportunity cost than other individuals or groups. Continue Reading...

Trade as a Solution for Bickering Toddlers

If you’ve raised multiple children, you’ve dealt with sibling bickering, particularly if said children are close in age. With a three-year-old boy and a two-year-old girl, both just 13 months apart, our family has suddenly reached a stage where sibling play can be either wholly endearing or down-right frightening. Continue Reading...

Samuel Gregg: Reduced Freedoms? A Review Of ‘Becoming Europe’

Becoming Europe, the latest book from Acton’s Director of Research Samuel Gregg, has been reviewed by Books & Culture: A Christian Review. Theodore Roosevelt Malloch, a research professor at Yale University’s Center for Faith & Culture, begins his review with a series of question, including, “Will entrepreneurship vanish in America, as it has, more or less, in Europe? Continue Reading...

Review & Audio: Evaluating the Fair Trade Movement

Samuel Kampa recently reviewed Victor Claar’s monograph, Fair Trade? Its Prospects as a Poverty Solution. Kampa begins by commenting on how quickly the “fair trade” moment has gained popularity, especially among the college and post-college aged, but also in the church community. Continue Reading...