Acton Institute Powerblog Archives

Post Tagged 'market economy'

Of Miracles and Means

Last week I linked to Joe Carter’s On the Square piece, “What the Market Economy Needs to be Moral,” challenging his view that we need a “third way.” He has since clarified his position, and noted that what he wants is not really an alternative to the market economy but an alternative grounding, view of, and justification for the market economy. Continue Reading...

Distributism is not Free-Market

Forgive the blunt title of this blog post, but the point needs to be made in no uncertain terms. The Zenit News Agency has interviewed John Medaille, author of Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More, which calls for a direct if brief (more later, perhaps – I have yet to read the book) response from this Catholic defender of the market economy. Continue Reading...

Rev. Sirico: Free markets, not aid, will help poor nations best

The Detroit News published a new column today by Acton president and co-founder Rev. Robert A. Sirico: Faith and Policy: Free markets, not aid, will help poor nations best Rev. Robert Sirico At the recent G8 and G20 meetings in Toronto, a hue and cry was raised by nongovernmental organizations and other activists about the failure of industrialized countries to make good on promises to raise aid to the developing world. Continue Reading...

Culture and Economic Decline

At MercatorNet, Sheila Liaugminas looks at the bank regulation push — enshrined in another 2,000 page document that few of the legislators behind this effort will actually read. In “Social Order on the Surface” she recalls an Acton conference where she heard this from Rev. Continue Reading...

Acton in Krakow: Culture & the Transition to Wealth

Some members of the Acton team were in Krakow, Poland, last week for the third conference in our series on Poverty, Entrepreneurship and Integral Development. This conference, which took place on May 19th, was on the topic of Building a Commercial Society: Culture & the Transition to Wealth, and was co-sponsored with the John Paul II Catholic University of Lublin, the Civil Development Forum, and the Polish American Foundation for Economic Research and Education. Continue Reading...

What does the left know about economics?

At the Volokh Conspiracy, Todd Zywicki looks at a new article by Zeljka Buturovic and Dan Klein in Econ Journal Watch which aims to “gauge economic enlightenment based on responses to eight economic questions.” Among other things, the researchers filter the survey results for political ideology. Continue Reading...

Tiger Woods, Morality, and the Market

Via Victor Claar (follow him on Twitter here), an op-ed in The Oracle (Henderson State University’s student paper) by Caleb Taylor, “Tiger Woods and Capitalism.” A taste: “Contrary to what Michael Moore thinks, capitalism promotes moral and ethical behavior. Continue Reading...