Acton Institute Powerblog Archives

Post Tagged 'economics'

June 29, 2011

Zero-Sum Game Economic Fallacy

Imagine this:  a teacher tells her high school students that they are going to enjoy a chocolate cake, while learning about food distribution and economics.  (As a former high school teacher, I assure you, most of the students heard nothing past the word, “cake”.) Continue Reading...
June 14, 2011

Global Problems, Global Solutions

There’s a saying that when goods cross borders, armies don’t (it’s the correlative to the observation attributed to Bastiat: “If goods cannot cross borders, armies will.”). The point is that trade tends to bring people together who might otherwise have cause to be hostile. Continue Reading...
May 20, 2011

The West and the Rest

Over at the Comment site, I review Dambisa Moyo’s How the West was Lost: Fifty Years of Economic Folly—and the Stark Choices Ahead. In “War of the Worldviews,” I note that the strongest elements of Moyo’s work are related to her analysis of the causes and the trends of global economic power. Continue Reading...
May 04, 2011

Hardships of Ethanol

Everywhere we look we are facing rising prices. We find them at the gas pumps and now we see them at our supermarkets. Food prices are climbing, and just like gas prices, they are having broadly felt adverse effects on Americans. Continue Reading...
April 27, 2011

Commentary: Economists in the Wild

Today in Acton News & Commentary we brought you guest columnist Steven F. Hayward’s “Economists in the Wild,” based on his new American Enterprise Institute monograph, Mere Environmentalism: A Biblical Perspective on Humans and the Natural World. Continue Reading...