Acton Institute Powerblog Archives

Post Tagged 'adam smith'

Amazon, Kmart, and the Moral Limits of Shopping

Good now, sit down, and tell me, he that knows, Why this same strict and most observant watch So nightly toils the subject of the land, And why such daily cast of brazen cannon, And foreign mart for implements of war; Why such impress of shipwrights, whose sore task Does not divide the Sunday from the week; What might be toward, that this sweaty haste Doth make the night joint-labourer with the day: Who is’t that can inform me? Continue Reading...

PovertyCure: From ‘Paternalism to Partnerships’

Alex Chafuen’s Forbes article on “champions of innovation,” which Michael Miller blogged here recently, is now one of the top features on the contributors page at The Blaze. Here’s an excerpt: When Adam Smith wrote his famous “Inquiry into the Nature and Causes of the Wealth of Nations,” he helped shift the terms of the discussion. Continue Reading...

Bastiat’s Vision

This Saturday, June 30, is the 211th birthday of Frédéric Bastiat, one of the greatest political philosophers of the modern era. Considered among the founding fathers of classical liberalism, Bastiat is known for his simple and direct explanations of political and economic realities, his arguments against oppressive economic regulations and his clear and concise vision of a government of limited, enumerated powers, operating under the rule of law and unencumbered by favoritism or distributionist policies. Continue Reading...

Samuel Gregg: Europe’s Right in Disarray

France elected a new president yesterday, the socialist Francois Hollande who has vowed to rein in “Anglo-Saxon” capitalism and dramatically raise taxes on the “rich.” Voters turned out Nicholas Sarkozy, the flamboyant conservative whose five-year term was undermined by Europe’s economic crisis, his paparazzi-worthy lifestyle and a combative personality. Continue Reading...

Samuel Gregg: So Who Is Our Keeper, Mr. President?

On National Review Online, Acton Research Director Samuel Gregg discusses remarks made by President Barack Obama at a March 30 campaign stop at the University of Vermont. From the White House transcript of the speech, here is some of what the president said: The American story is not just about what we do on our own. Continue Reading...