Acton Institute Powerblog Archives

Post Tagged 'theology'

Humans are not Economic Automata

Courtesy Evangelical Outpost and the always-interesting 33 Things, here’s a video on the strangeness of the economics of incentives and punishments: The lesson here is that people in real life, body and soul, are not simple rational economic actors who respond only to material realities. Continue Reading...

Secularism in Academe

You often hear that Europe is much more secular than America. Just take a look at the Netherlands, for instance. How much more secular can you get? But one place in which this stereotype rings false is in terms of academic institutions. Continue Reading...

Reflections on Christianity and Economic Research

Judith Dean, currently an international economist at the U.S. International Trade Commission, has a worthwhile exploration of the relationship between Christian faith and economic research (HT). It’s up at the InterVarsity site for the Following Christ conference and is titled, “Being a Good Physician: Reflections on Christianity and Economic Research.” Continue Reading...

Defining an Ethical Economy

Longtime Acton friend John H. Armstrong notes the recent discussion of Rowan Williams’ pronouncements on ethics and the economy here at the PowerBlog, commenting that “The archbishop of Canterbury is an extremely likable Christian gentleman, a first-class Christian scholar. Continue Reading...

Byzantine Hymn for the Nativity of Christ

From the Holy Land, sung in Arabic. Merry Christmas to all PowerBlog readers and our blogging crew! St. Paul’s Letter to the Galatians 4:4-7 Brethren, when the time had fully come, God sent forth his Son, born of woman, born under the law, to redeem those who were under the law, so that we might receive adoption as sons. Continue Reading...

The Novelty of ‘New’ Economics

Some of the aspects of the movement in ‘new economics’ highlighted by Sumita Kale sound quite promising. For instance, it is true that “many issues of economic policy (traditionally called ‘welfare economics’) are primarily ethical-economics in nature, and should be informed by moral philosophy rather than economics in isolation.” Continue Reading...

Hell and Capitalism

Contrary to the belief of some, the two realities referred to in the title of this post are not identical. But the discussion around a recent Boston Globe article reminds me of the saying from Jerry Taylor, a senior fellow at the Cato Institute, “Capitalism without the threat of bankruptcy is like Christianity without the threat of hell. Continue Reading...

Journal of Markets & Morality, Volume 11, Issue 1

With this issue of the Journal of Markets & Morality, we introduce a new semi-regular feature section, the Status Quaestionis. Conceived as a complement to our Scholia, the Status Quaestionis features are intended to help us grasp in a more thorough and comprehensive way the state of the scholarly landscape with regard to the modern intersection between religion and economics. Continue Reading...