Acton Institute Powerblog Archives

Post Tagged 'business'

September 19, 2006

The Evolution of Marketing

Last week, marketing guru Seth Godin quoted the 17th-century Spanish Jesuit Baltasar Gracián y Morales: Know how to sell your wares, Intrinsic quality isn’t enough. Not everyone bites at substance or looks for inner value. Continue Reading...
September 13, 2006

Moral Business

Profit is a valid motivation for business and, generally speaking, a company that pursues profits within the bounds of law and morality will be fulfilling its purpose admirably. But profit is an instrumental good rather than a final good, and so there are sometimes extraordinary circumstances that place additional moral obligations on business. Continue Reading...
August 16, 2006

The Minimum Wage: A Denial of Freedom and Duty

In this week’s Acton Commentary, “The Minimum Wage: A Denial of Freedom and Duty,” I look at the concept of minimum wage legislation from the perspective of the employer/employee relationship. In his second epistle to the Thessalonians, the apostle Paul sets down a moral principle: “If a man will not work, he shall not eat.” But Paul’s words seem also to imply the opposite positive principle, something like, “If you will work, you should eat.” Even so, I argue, it does not follow that the government should be the guarantor of this reality. Continue Reading...
February 13, 2006

‘Captialism’ According to the Academy

For a quick overview of the current state of appreciation for economics and capitalism among various ‘academics,’ see the newly inaugurated e-journal Fast Capitalism. It might as well be subtitled: Marxism, Alive and Well. Continue Reading...
January 27, 2006

Agog and Aghast at Google

A number of bloggers have expressed grave concerns over Google’s decision to accomodate the demands of the communist government in its web search offerings in China. David Mills at Mere Comments writes that Google is “serving a brutal government and helping it oppress its people, even if its service will prove only partially effective.” He complains that Google’s motives are purely pecuniary, and that the company is only acceding to the government’s wishes because “If it didn’t help the Chinese government oppress its people, it wouldn’t make much money in China.” Mills notes that Google is following Microsoft and Yahoo search engines in making these concessions It seems a pretty easy judgment to make: Google is selling out. Continue Reading...
January 26, 2006

Driven a Ford Lately?

If you’re like most Americans, the answer is probably “No.” Faced with loss of market share and declining revenues, Ford announced a restructuring plan that would cut nearly a quarter of its workforce and close 14 plants over the next six years. Continue Reading...
January 20, 2006

Armstrong on Government and Charity

John H. Armstrong tackles the question, “How Should Government Deal with Poverty?” He writes, “A regular argument made, at least from some evangelical political voices from the political left, is to cite numerous Old Testament texts about poverty and then suggest that one of the central concerns of a just government is to solve the problems associated with poverty.” He cuts to the heart of such fallacious reasoning, recognizing “No one who has an ounce of compassion disagrees that Christians should care about poverty and its associated social ills. Continue Reading...
January 09, 2006

Federal Vouchers Are Coming!

The long wait is finally over. Federal vouchers are coming! Before you get too excited, however, I have to inform you that the vouchers are not for education. You can’t use these vouchers to send your child to the school of your choice. Continue Reading...
January 04, 2006

A Case of Common Domain

The US government is getting set to open up a set of airwave frequencies, vacating the prime estate for obscure channels that will serve its purposes just as well. In addition, the newly available channels will provide a big boost to the capabilities of current wireless telecom providers. Continue Reading...
January 02, 2006

The Stewardship of Space

As the newly-burgeoning field of space tourism takes the first steps towards reality, elements of the federal government are already pushing for stringent regulation. In a 60 Minutes report last night, the Ansari X Prize, “an extraordinary competition created in 1996 to stimulate private investment in space,” has spawned the new space race. Continue Reading...