Acton Institute Powerblog Archives

Post Tagged 'market economy'

Samuel Gregg: The Madness of Lord Keynes

On the American Spectator, Acton Research Director Samuel Gregg examines the baleful influence exerted on economic thought and public policy for decades by John Maynard Keynes. Gregg observes that “despite his iconoclastic reputation, Keynes was a quintessentially establishment man.” Continue Reading...

Distributism’s Fixed, False Beliefs

Picking up the comment thread from this post. pauldanon says: “Because distributism is people-centred, things like medicine would be a priority. There’d need to be infrastructure for that, but nothing like the grotesque infrastructure we presently have for shipping frivolous imported goods around the country.” Continue Reading...

Samuel Gregg on the GOP Roundtable

Acton director of research Samuel Gregg offers his thoughts on last night’s GOP Roundtable in this NRO Symposium. Gregg thinks the debate offered an important alternative to the government-driven economy talk that fills the news every other night of the week. Continue Reading...

Capitalist Anthropology

On RealClearMarkets, Mark Hunter dismantles “The End of Capitalism and the Wellsprings of Radical Hope,” by Eugene McCarraher in the Nation magazine. McCarraher’s article appears to be destined for the ash heap of Marxist utopian literature. Continue Reading...

Why is Kenya Poor?

Three days ago I arrived in Nairobi, Kenya, for Acton’s conference at Strathmore University. Driving about the city the last few days, I have been amazed by the number of small-medium businesses located in the kiosks along streets. Continue Reading...

Risk, Uncertainty, and Rule of Law

When we think of rule of law failure, countries like Zimbabwe and Somalia come to mind. But as Acton Research Director Samuel Gregg points out in his latest piece over at Public Discourse, rule of law can also be subtly eroded in wealthy countries. Continue Reading...

Market Economies and the Gospel

My friend John Armstrong examines “How Market Economies Really Work.” Armstrong concludes, “The gospel makes people free and teaches them to be virtuous. This is what is inherently Christian and no economic system can thrive long-term without them.” Continue Reading...