Acton Institute Powerblog Archives

Post Tagged 'creativity'

Creativity, history, and entrepreneurship

Joseph Sunde recently posted a substantive introduction to and elaboration of a paper I co-authored with Victor Claar, “Creativity, innovation, and the historicity of entrepreneurship,” in the Journal of Entrepreneurship & Public Policy. Continue Reading...

The cramped morality of trade protectionism

“If a product is seen only as the opportunity for work, it is certain that the anxieties of protectionists are well founded.” –Frédéric Bastiat, Economic Sophisms Drawing inspiration from a 1847 essay by the inimitable Frédéric Bastiat, economist Donald Boudreaux tackles a popular argument from today’s trade protectionists: namely, “that protectionism is justified if enough consumers or voters are willing to pay higher prices in order to help workers.” The problem, of course, is that such a perspective debases the value of labor to the value of products and vice versa, ignoring the many other relationships and ripple-effects that production and trade are bound to inspire. Continue Reading...

Economist as prophet vs. savior

What do economists actually know? What can they possibly know? Assuming his usual role as the insider skeptic, economist Russ Roberts ponders those questions at length, concluding that far too much economic analysis is conducted and promoted with far too little humility. Continue Reading...

Vocation vs. occupation: 4 callings in the Christian life

Is there a difference between “vocation” and “occupation”? The term “vocation” comes from the Latin, “vocare” – to call or receive a call. For almost two millennia in Christian-influenced communities and cultures, vocation referred to a religious calling: a monastic order, missionary work or parish labor. Continue Reading...