Acton Institute Powerblog Archives

Post Tagged 'Friedrich Hayek'

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...

Women Of Liberty: Isabel Paterson

“If there were just one gift you could choose, but nothing barred, what would it be? We wish you then your own wish: you name it. Our is liberty, now and forever.” Isabel Paterson came to influence the likes of Ayn Rand and William F. Continue Reading...

Nothing New ‘Underneath that Burning Sun’

Friedrich Hayek once called intellectuals “professional secondhand dealers in ideas.” And the Preacher proclaimed, “There is nothing new under the sun.” So perhaps it shouldn’t be surprising when ideas, memes, and other cultural phenomena pop up again and again. Continue Reading...

ArtPrize: A Study In Free Markets, Private Wealth and Public Opinion

Mako Fujimura, one of the artists hosted by the Acton Institute for ArtPrize 2014 Here in Grand Rapids, we are awaiting the beginning of ArtPrize (Sept. 24-Oct. 12.) For those of us who live or work in the city, we are seeing signs of it: posters hung in coffee shop windows, artists installing pieces, restaurants adding waitstaff, and venues getting spit-shined. Continue Reading...

David Brat’s Religious Virtues

In a piece today for the NYT Magazine, economics reporter Binyamin Appelbaum examines David Brat’s fusion of faith and free-market economics. Appelbaum finds that mixture problematic, to say the least, but it’s hard to sort out whether it is the religious faith or the free-market sympathies that Appelbaum finds more troubling. Continue Reading...

50 Years Of The War On Poverty: Tragedy or Triumph?

President Lyndon Johnson, Kentucky, 1964 This year marks the 50th anniversary of Lyndon B. Johnson’s “War on Poverty.” Nicholas Eberstadt, an economist at the American Enterprise Institute, has published a monograph entitled, The Great Society: The Triumph and The Tragedy at Fifty. Continue Reading...

The Hayekian Liberty of Ender’s Game

My conversion into a fan of science-fiction began with an unusual order from a member of the Joint Chiefs of Staff: “Each Marine shall read a minimum of three books from the [Commandant’s Professional Reading List] each year.” Included on the list of books suitable for shaping the minds of young Lance Corporals like me were two sci-fi novels: Robert Heinlein’s Starship Troopers and Orson Scott Card’s Ender’s Game. Continue Reading...

Why Attitudes About Competition Matter

In an excerpt from the splendid PovertyCure series, Michael Fairbanks offers a helpful bit on why our attitudes about competition matter for economic development: I can predict the future of a developing nation better than any IMF team of economists by asking one question: “Do you believe in competition?” When I go to Venezuela and I say, “do you believe in competition?,” they say “competition means the rich get richer and the poor get poorer.” They say “competition is the unnecessary duplication of effort because you have two firms doing the same thing.” They say “competition is a quaint North American concept that doesn’t apply here.” But when I go to Silicon Valley and I say,“What do you think about the word competition?,” they say, “Well, I love competition, because even when I lose, I learn something. Continue Reading...