Acton Institute Powerblog Archives

Post Tagged 'International Trade'

The Freedom Of Free Trade

At The Stream, Anne Bradley writes about the freedom that free trade brings. Why does free trade matter? We live in a world of scarcity: we have unlimited wants and limited means (resources) to satisfy those wants. Continue Reading...

Andy Warhol, Boredom, And Poverty

AEI’s Arthur Brooks offers up an interesting take on solutions to poverty. He thinks the key lies in “boring things,” and his inspiration is artist Andy Warhol. I often ask people in my business — public policy — where they get their inspiration. 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...

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...

Fair Trade or Free Trade?

Is ‘fair trade’ more fair or more just than free trade? While free trade has been increasingly maligned, The Fair Trade movement has become increasingly popular over the last several years. Continue Reading...