Acton Institute Powerblog Archives

Post Tagged 'ethics'

New Issue of the Journal of Markets & Morality (Vol. 21, No. 1)

The newest issue of the Journal of Markets & Morality has been published online and print copies are forthcoming. This issue is a theme issue on “The Role of Religion in a Free Society,” with guest editors Richard Epstein and Mario Rizzo of New York University School of Law, and Michael McConnell of Stanford Law School. Continue Reading...

Natural law and Protestantism revisited

One of the more pervasive myths surrounding the Protestant reformations is that they represented a wholesale rupture with the moral traditions that preceded, particularly with respect to natural law. In an influential recent study, for instance, Brad S. 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...

Don’t let culture define religious liberty

When a fashion designer recently called for an industry boycott of Melania Trump due to her political beliefs, plenty of progressives called it brave and principled. Yet when Christian wedding photographers express their own disagreements or beliefs, acting on one’s conscience somehow becomes a “sticky issue.” That’s how one student describes it in a series of interviews at the University of Wisconsin-Madison. Continue Reading...