Acton Institute Powerblog Archives

Post Tagged 'innovation'

No, Socialism Wouldn’t Succeed ‘If Only Men Were Angels’

When arguing about the merits of a free economy, its defenders often give way to a peculiar line of reasoning that goes something like this: “Socialism would be wonderful if it actually worked, and it could actually work if only men were angels.” Such claims are meant to frame socialists as foolish idealists obsessed with their silly utopias. Continue Reading...

Real Life is Much More Than Economic

I think it is important to keep in mind that it is not the world of economics that is critical to human life on earth. When I left the field of economics for what I still believe to be a more important life agenda, it was because I regarded economics as driving cross-country at 80 mph with my eyes firmly fixed on the rear-view mirror. Continue Reading...

Swift vs. Spotify and the Future of the Struggling Artist

Taylor Swift recently made waves when her record label pulled her entire catalog off Spotify, a popular music streaming service. Fans and critics responded in turn, banging their chests and wailing in solidarity, meming and moaning across the Twitterverse about the plight of the Struggling Artist and the imperialism of mean old Master Spotify. Continue Reading...

Entrepreneurship: An Engine of Human Flourishing

As leaders of HOPE International, an organization that empowers men and women across the globe through business training, savings services, and small loans, Peter Greer and Chris Horst have witnessed the transformative impact entrepreneurship can have on individuals and communities, particularly when paired with the power of the Gospel. Continue Reading...

Deirdre McCloskey on Ethics and Rhetoric in the ‘Great Enrichment’

In a marvelous speech on the origins of economic freedom (and its subsequent fruits), Deirdre McCloskey aptly crystallizes the deeper implications of her work on bourgeois virtues and bourgeois dignity. For example, though many doubted that those in once-socialistic India would come to see markets favorably, eventually those attitudes changed, and with it came prosperity. Continue Reading...