Acton Institute Powerblog Archives

Post Tagged 'Economic systems'

10 Memorable Thatcher Quotes on Economics and Freedom

1. “Pennies don’t fall from heaven, they have to be earned here on earth.” (Speech at Lord Mayor’s Banquet, 11/12/79) 2. “If a Tory does not believe that private property is one of the main bulwarks of individual freedom, then he had better become a socialist and have done with it.” (Article for Daily Telegraph, “My Kind of Tory Party,” 01/30/1975) 3. Continue Reading...

Is Distributism a Form of Capitalism?

Today at Ethika Politika, in response to a few writers who have offered, in my estimate, less-than-charitable characterizations of capitalism, I ask the question, “Which Capitalism?” (also the title of my article). Continue Reading...

Free Market Morality

In this entertaining video Walter Williams, Professor of Economics at George Mason University, explains why the free market is morally superior to other economic systems. My favorite part comes near the beginning when Williams explains that money is a form of “certificate of performance” that serves as proof of having served our neighbors. Continue Reading...

On the Morality of Capitalism

“It is a common belief that capitalism ‘delivers the goods’ and creates prosperity,” says Isaac Morehouse, but does so only at the cost of our souls, our dignity and our humanity.” Many people doubt capitalism not because they fail to see its wealth-generating capacity, but because they believe it to be immoral. Continue Reading...

The Daily Caller Interviews Rev. Sirico

Over on The Daily Caller, Jamie Weinstein has an interview with Rev. Robert A. Sirico, President of the Acton Institute, about his new book, Defending the Free Market: The Moral Case for a Free Economy: What is the moral case for capitalism? Continue Reading...

Debate: Capitalism vs Distributism

“More and more, I find Catholics dividing themselves into capitalist and distributist camps,” writes Bernardo Aparicio García, president of the Catholic journal Dappled Things. To help readers establish “a firm foundation” for thinking about economic questions, García opened up the pages of his journal to Robert T. Continue Reading...