Acton Institute Powerblog Archives

Post Tagged 'intergenerational'

Beware the Yeast of the Bureaucrats

With the most recent fiscal cliff approaching this Thursday (February 28), it is worth asking, “How did we get into this mess?” My answer: a little leaven works its way through a whole lump of dough…. Continue Reading...

Roger Scruton: No Escaping Morality in Economics

Roger Scruton has written an excellent piece on the moral basis of free markets; it’s up at MercatorNet. He begins with the Islamic proscriptions of interest charged, insurance, and other trade in unreal things: Of course, an economy without interest, insurance, limited liability or the trade in debts would be a very different thing from the world economy today. Continue Reading...