Acton Institute Powerblog Archives

Post Tagged 'relationship'

The cramped morality of trade protectionism

“If a product is seen only as the opportunity for work, it is certain that the anxieties of protectionists are well founded.” –Frédéric Bastiat, Economic Sophisms Drawing inspiration from a 1847 essay by the inimitable Frédéric Bastiat, economist Donald Boudreaux tackles a popular argument from today’s trade protectionists: namely, “that protectionism is justified if enough consumers or voters are willing to pay higher prices in order to help workers.” The problem, of course, is that such a perspective debases the value of labor to the value of products and vice versa, ignoring the many other relationships and ripple-effects that production and trade are bound to inspire. Continue Reading...

Aslan’s Song of Stewardship

When we think about “stewardship,” our minds tend to revert to the material and the predictable. We think about money or the allocation of resources. We think about growing crops or creating goods or financial investment and generosity. Continue Reading...

Front Porch Economy: The Power of Simplicity

The global economy is ever-growing in its complexity and interconnectedness, leading to a range of positive and transformative effects. Yet even as this web of human relationships expands and intensifies, many of the latest innovations are prodding us back to the simple and personal. Continue Reading...

The Economy of Order: Justice Requires Love

Jean Valjean in “Ep. 4: The Economy of Order” “Seeking justice isn’t a matter of designing the right programs or delivery systems… Seeking order means acting in accord with a true vision of our brothers and sisters.” –Evan Koons American society and public discourse seem to be stuck in a state of feverish discord, rightly concerned with severe acts and systems of injustice, even as we continue to dig deeper cultural divides over everything from healthcare to sexual ethics, race relations to religious liberty, immigration to foreign policy. Continue Reading...