Acton Institute Powerblog Archives

Post Tagged 'British people'

Adam Smith and the morality of commercial society

Over at Arc Digital today I take a look at Adam Smith’s moral teachings, particularly in light of commercial society and Christian theology. This essay serves as a brief introduction to one of the Moral Markets projects I am working on, as well as a teaser for further exploration of the relationship between Christianity and classical political economy. Continue Reading...

The economics and morality of infinity

In this week’s Acton Commentary I take on Thanos’ zero-sum economic worldview as manifest in Avengers: Infinity War. In the classic debate over positivity and normativity in economics, Thanos is definitely not a value-free figure. Continue Reading...

Why great men are almost always bad men

“Power tends to corrupt, and absolute power corrupts absolutely,” is the most famous quote by the English Catholic historian Sir John Dalberg-Acton. But what exactly did he mean by it? That particular quote comes from a letter to Bishop Creighton in which Lord Acton explains that historians should condemn murder, theft, and violence whether committed by an individual, the state, or the Church. Continue Reading...

Clergy, Innovation, and Economics

This is a bit second-hand (a source drawing from another source), but I still think the following tidbit on the modern history of clergy and scientific and technological development and discovery in the nineteenth and early-twentieth centuries from Nassim Taleb’s Antifragile is notable: Knowledge formation, even when theoretical, takes time, some boredom, and the freedom that comes from having another occupation, therefore allowing one to escape the journalistic-style pressure of modern publish-and-perish [sic, probably intentionally] academia to produce cosmetic knowledge, much like the counterfeit watches one buys in Chinatown in New York City, the type that you know is counterfeit although it looks like the real thing. Continue Reading...

Video: An Evening With G.K. Chesterton

The 2014 Acton Lecture Series took a dramatic turn last week as we welcomed G.K. Chesterton – or at least a quite remarkable facsimile of Chesterton in the form of Chuck Chalberg, who travels the country performing in character as Chesterton, among other notable historic figures.  Continue Reading...

Radio Free Acton: The Intellectual Life of Edmund Burke

This week on Radio Free Acton, Michael Matheson Miller takes the interviewer’s chair for a conversation with David Bromwich, Sterling Professor of English at Yale University, to discuss the thought of Edmund Burke in the wake of the release of Bromwich’s first volume of what will be a two-volume intellectual biography of Burke. Continue Reading...

Christianity, Socialism, and Wealth Creation

Christian churches in the West have been focused on redistribution of income rather than the creation of wealth, says Brian Griffiths in this week’s Acton Commentary. Through much of the post-war period in the West, the formation of economic policy was dominated by Keynesian activism on the part of governments seeking an increasing role in providing public services, reducing material poverty, and reshaping income redistribution. Continue Reading...