Acton Institute Powerblog Archives

Post Tagged 'stewardship'

Lessons from India’s ‘private city’

  Given the acceleration of urbanization around the world, many are wondering how local governments and city planners will keep up with the pace. While advocates of free markets routinely argue for fewer top-down restrictions and more privatization of local services, others argue for increased controls and more advanced central planning. Continue Reading...

Kings without a king: Kuyper on the illusion of independence

“A human kingship imperceptibly came to power, leaving no place for the kingship of Christ.” –Abraham Kuyper The West prides itself on valuing freedom – political, economic, religious, and otherwise. For some, this leads to the promotion of a certain brand of libertinism: the freedom to do what we want. Continue Reading...

What Christians can learn from Adam Smith’s ‘paradox of value’

In a new video from TED Ed, Akshita Agarwal provides a quick lesson on Adam Smith’s “paradox of value” and the differences between “value in use” and “value in exchange.” For Christians, there’s a crucial lesson here about the best way to meet human needs in the economic order, whether through trade policy, reducing price controls, or any number of other areas.  Continue Reading...

Overproduction and stewardship

Lester DeKoster (1915 – 2009) | Acton Institute Overproduction, simply put, is supply in excess of demand. It is the production of more goods and services than those in the market would like to purchase.  Continue Reading...

Chobani’s CEO on the Art of Executive Stewardship

As politicians continue to decry the supposed “greed” of well-paid investors, business leaders, and entrepreneurs — promoting a variety of reforms that seek to mandate minimums or cap executive pay — one company is demonstrating the value of economic freedom and market diversity. Continue Reading...