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...