Acton Institute Powerblog Archives

Post Tagged 'economics'

The Fallacy of Fairness: Sowell’s Critique of Modern Social Justice

Officially retired and well into his 90s, Thomas Sowell shows no signs of intending to stop helping the world understand social questions at the intersection of politics and economics. The keys to comprehending the entirety of Thomas Sowell’s writings lie in three pivotal texts: Say’s Law, A Conflict of Visions, and Knowledge and Decisions. Continue Reading...

Over-Regulation Is Strangling Panama—and the U.S.

Beginning in mid-October, Panamanian activists, led by the militant leftist labor union SUNTRACS, brought much of Panama to a standstill, blocking roads and filling Panama City with daily demonstrations against a copper-mining contract with Canadian firm First Quantum. Continue Reading...

A Future Fit for Conservatives

If you wanted to capture the current conservative mood—a surefire way to sell books—you would write a despairing jeremiad that extrapolates from every worrying trend. James Pethokoukis deserves praise for daring to do just the opposite. Continue Reading...

The Capitalist Manifesto

Fulton Sheen once remarked that “not over a hundred people” hate the Catholic Church, but “there are millions, however, who hate what they wrongly believe to be the Catholic Church.” The same might be said for free market economics. Continue Reading...

JPII, Mises, and Economics in Action

Why would a theologian conduct a theological and moral analysis of human action as described by Ludwig von Mises, a represen­tative of the Austrian school of economics? What can an economist and agnostic tell the moral theologian about man? Continue Reading...

Getting Back to a Mind-Centered Economy

If there is anything that makes people nervous about capitalism, it is surely the prospect of instability. Whether it is the boom-bust cycle or severe financial crises, the up-and-downs that seem to be part-and-parcel of life in market economies make us nervous. Continue Reading...