Acton Institute Powerblog Archives

Business and Society

Running the Numbers

Recent news about debt relief for poor African nations might give the impression that governmental corruption, inefficiency, and irresponsibility are unique to developing countries. This is simply not so. Take, for example, the situation of the United States government. Continue Reading...

The Precondition for Aid – Civil Society

The Wall Street Journal editorializes today on the latest thuggish brutality from one of Africa’s saddest stories – Robert Mugabe’s Zimbabwe (subscription required): One of Africa’s poorest countries, Zimbabwe, is suffering through a brutal forced relocation reminiscent of the Khmer Rouge’s “ruralization.” Hundreds of thousands of people in and around the capital, Harare, have been evicted from their homes, which are then bulldozed under the order of dictator Robert Mugabe, the poster child for Africa’s governance problem. Continue Reading...

‘Wealth Isn’t Earned by the Hour’

In an informative interview via Christianity Today’s Money&Faith.net, Dan Miller gives good guidance for people to become entrepreneurs. He’s a big proponent of the side business, which could take as little as 5 hours per week. Continue Reading...

The Culture’s Animating Values

A Dove Foundation report released this week shows a link between family-friendly movies and profitability. “One comes away from the Dove report with a sense that the movie industry is beginning to recognize a profit opportunity in producing more morally robust movies,” writes Rev. Continue Reading...

Corporate Blogging

The AP passes along this story about the use of blogs by corporations and executives. Some of the good advice includes: “Don’t go toward fake blogs. Don’t launch character blogs. Use a blog for what it’s for, transparency,” said Steve Rubel, vice president of client services at CooperKatz & Co., a New York PR firm. Continue Reading...

Surviving Socialism

In this month’s issue of Esquire, Ken Kurson extols the virtues of Sanofi-Aventis, the world’s third largest pharmaceutical company. “A Drugmaker reborn” (subscription required) essentially describes why Kurson thinks Sanofi is a great investment, but between his praises of the company sits this tidbit: And yet controlling costs is one of the things I like best about Sanofi. Continue Reading...

Fear of the European Union

With France voting NO for the ratification of the EU Constitution, a spotlight now follows the current voting on the same issue in the Netherlands. The world is expecting the Dutch to follow suit with the French, although not necessarily for all the same reasons. Continue Reading...

Sources of African Poverty

This Tech Central Station article, “Saving Africa,” puts some figures in perspective, citing the reason for the poverty of African nations: “Africa is poor because most countries in the region lack the fundamental elements of a capitalist system: property rights, free markets, free trade and the rule of law.” The TCS piece quotes a 1998 Religion & Liberty article by Gary Becker, “Human Capital and Poverty,” It is not the culture that has prevented Africa from growing but the policies governments have inflicted on their people. Continue Reading...