Acton Institute Powerblog Archives

Post Tagged 'morality'

Raising Taxes without a Balanced Budget is Insane

It makes little, or really no sense for Americans to fork over more taxes without a balanced federal budget and seeing some fiscal responsibility out of Washington. The fact that the United States Senate hasn’t passed a budget in well over three years doesn’t mean we aren’t spending money, we are spending more than ever. Continue Reading...

Acton Commentary: Sacrifice and Self-Interest

In this week’s Acton Commentary, I take a look at the relationship between sacrifice and self-interest. One of the common complaints against market economies is that they foster selfishness. But as Paul Heyne points out, it is crucially important to distinguish between self-interest and selfishness: “Many of the most eminent and sophisticated theorists in the economics profession make no effort to distinguish between self-interest and selfishness or between rational behavior and greedy behavior.” The failure to make such a distinction leads to some pretty strange conclusions about the motivations behind human behavior. Continue Reading...

Rev. Sirico: One Election Cannot Fix What Ails Us

Writing for National Review Online, Rev. Robert A. Sirico offers three salient points about last night’s election: 1. Americans give signs of moving in a morally and politically more progressive direction, by which I mean that the appeal to the wisdom of past ages and tradition is simply not as compelling as it once was. Continue Reading...

ResearchLinks – 10.12.12

Panel: “Why Morality-Free Economic Theory Doesn’t Work” “Why Morality-Free Economic Theory Does Not Work: A Natural Law Perspective in the Wake of the Recent Financial Crisis.” The recent worldwide financial crisis has revealed a serious flaw in current thinking about markets and morals. Continue Reading...

More than a Moral Case for Free Enterprise

Brian Fikkert, a Professor of Economics and Community Development at Covenant College and the Executive Director of the Chalmers Center for Economic Development, takes a look at Arthur Brooks’ The Road to Freedom: How to Win the Fight for Free Enterprise in this week’s edition of CPJ’s Capital Commentary. Continue Reading...

Arthur Brooks’ ‘5 Myths About Free Enterprise’

American Enterprise Institute president and 2012 Acton University plenary speaker Arthur Brooks has a recent column in The Washington Post that lists five myths about free enterprise. Brooks’ five myths address some of free enterprise’s most common critiques and do so by giving free enterprise a moral aspect. Continue Reading...