Acton Institute Powerblog Archives

Post Tagged 'germany'

Wilhelm Röpke: An Economist for Our Time

Wilhelm Röpke is one of the most important 20th century economists that almost no Americans know anything about. Fortunately, that may soon change as Röpke’s classic work on economics, A Humane Economy, is being republished by ISI Books with an introduction by Samuel Gregg, director of research at the Acton Institute. Continue Reading...

BBC: Should Religious Leaders Live a Modest Life?

I had the opportunity today to take part in a discussion on the BBC program World Have Your Say, discussing the recent suspension by the Vatican of the Bishop of Limbu, Germany, Franz-Peter Tebartz-van-Elst, known in the German press as the “bishop of bling.” Continue Reading...

Germany’s Lutheran Economics

While the economy of America is influenced by old British economists like Smith and Keynes, Germans are still being influenced by an even older, homegrown economist: Martin Luther. Even today Germany, though religiously diverse and politically secular, defines itself and its mission through the writings and actions of the 16th century reformer, who left a succinct definition of Lutheran society in his treatise “The Freedom of a Christian,” which he summarized in two sentences: “A Christian is a perfectly free Lord of all, subject to none, and a Christian is a perfectly dutiful servant of all.” Continue Reading...

How soccer won’t decide the Euro crisis, but still matters

In what was dubbed the “Bailout Game” of the 2012 European Championships, the German national team defeated their Greek counterparts, the 4-2 score only slightly representative of the match’s one-sidedness. The adroit, disciplined Deutscher Fuβball-Bund owned 64% of the ball, prompting at least one economic retainment joke and the asking of the question: What does this game mean for Europe? Continue Reading...

Samuel Gregg: Financial Fiddling while the Euro Burns

On National Review Online, Acton Research Director Samuel Gregg examines the push for a “transaction tax” to solve some of the fiscal problems in the European Union. The move would, Gregg explains, “levy a tax on any transaction on financial instruments (securities, loans, deposits, derivatives, and various asset classes) between banks, hedge funds, insurance businesses, investment companies, and other financial organizations whenever one contracting party is located in the EU.” Continue Reading...