Acton Institute Powerblog Archives

Post Tagged 'self-interest'

The Importance of Incompetence

An illustration of the Peter Principle. Source: Wikimedia Commons. Public Domain.   Today at Public Discourse, I argue that in addition to idealism and self-interest, incompetence needs to be recognized as a more important factor in politics: [U]nless we add incompetence as a category of analysis, we will tend to view every victory for our own team as a triumph of justice or freedom or equality (idealism), and every failure the result of deep and convoluted corruption (self-interest). Continue Reading...

Toward a Civilization of Love

In the spirit of Valentine’s Day, I offer this wonderful bit from Jennifer Roback Morse’s transformational book, Love and Economics, in which she observes a particular vacancy in modern discourse and policymaking: Economics has been a successful social science because it focuses on things that are true: human beings are self-interested and have the capacity for reason. Continue Reading...

What Griffiths Said

In this week’s Acton Commentary I expand on a minor meme floating around the web towards the end of last year that criticized the purported claim made by Lord Brian Griffiths, a Goldman Sachs advisor and vice chairman: “The injunction of Jesus to love others as ourselves is an endorsement of self-interest.” I do a couple of things in this piece. Continue Reading...