Acton Institute Powerblog Archives

Post Tagged 'profit'

Ten Quotes from economist Walter E. Williams

On this day in 1936, Walter E. Williams was born in the city of Philadelphia. The George Mason University economist is famous for his classical liberal views, often arguing that free market capitalism is not only the most moral economic system known to mankind, but it allows for the creation of the most wealth and prosperity. Continue Reading...

Distinguishing Capitalism

Last month the New York Times hosted a discussion on the question, “Has Capitalism Become Incompatible With Christianity?” There’s lots to be said about the “Room for Debate” feature, including a note on the caption for the lead image in the introduction. Continue Reading...

How the Profit Motive Helps the Environment

On this Earth Day, says Pierre Desrochers, we should spare a thought for the profit motive, an unheralded but long-standing champion of the environment. “The search for increased profitability,” ntoes Desrochers, “has long delivered both economic and environmental improvements by promoting the evermore efficient use of material resources.” With Earth Day near (this Monday), we hear the usual annual litany of laments from environmentalists, urging us to mend the errors of our industrial ways. Continue Reading...

Business, Profits, and Faith

In the Autumn 2012 issue of Response, Jeff Van Duzer, wrote an article entitled, “Does Business Matter To God,” on the issue of faith and work. He is a well-respected professor of business law and ethics at Seattle Pacific University who gives a unique look into the role faith plays in business. Continue Reading...

Hobby Lobby’s Billionaire CEO Says ‘God Owns It’

Forbes recently ran a profile of Christian billionaire and Hobby Lobby CEO David Green. According to Forbes, Green is “the largest evangelical benefactor in the world,” giving “at upwards of $500 million” over the course of his life, primarily to Christian ministries. Continue Reading...