Acton Institute Powerblog Archives

Post Tagged 'wealth'

Thomas Sowell on poverty, politics, and the origins of prosperity

“The mundane progress driven by ordinary economic and social processes in a free society becomes dramatic only when its track record is viewed in retrospect over a span of years.” –Thomas Sowell In a recent edition of Uncommon Knowledge, economist Thomas Sowell discusses his latest book, Wealth, Poverty, and Politics, which provides a comprehensive argument for the origins of prosperity. Continue Reading...

‘Riches do not bring freedom’

The contrast between the treatments by David Bentley Hart and Dylan Pahman of the question of the intrinsic evil of “great personal wealth” this week pretty well established, I think, that in itself wealth is among the things neither forbidden nor absolutely required. Continue Reading...

Surrendered Unto Stewardship: Darrell Bock On Money That Matters

What is the purpose of money? Is it for our survival? For our status, significance, or success? Is it for the service of ourselves or for the service of others? In a talk for the Oikonomia Network, theologian Darrell Bock sets out to answer the question, drawing from the numerous treatments of money in the book of Luke — from the rich fool and Lazarus’ wealthy neighbor to Zacchaeus and the widow’s mite. Continue Reading...

The Rise and Fall of a Detroit Neighborhood

If you want to see what happens when a government fails its basic responsibilities of maintaining law and order, read this fine and saddening piece by Detroit Free Press columnist John Carlisle, “The last days of Detroit’s Chaldean Town.” In it you’ll encounter the fraying of the town’s social architecture built around faith, family, work, and government. Continue Reading...

Income Inequality Isn’t The Problem; Greed Is

Recently, Rev. Robert Sirico spoke in Chicago. He was asked a question regarding income inequality. His answer was that he didn’t care how much money Bill Gates had, nor did it matter to him the difference between Gates’ income and say, Warren Buffet’s. Continue Reading...

The Loneliness of the Fortunate

“Rembrandt The Hundred Guilder Print” by Rembrandt – www.rijksmuseum.nl : Home : Info. Licensed under Public Domain via Wikimedia Commons. “No, those who labor and are heavy-laden do not all look the way Rembrandt drew them in his ‘Hundred Guilder’ picture—poverty-stricken, miserable, sick, leprous, ragged, with worn, furrowed faces. Continue Reading...