Acton Institute Powerblog Archives

Post Tagged 'free markets'

September 01, 2010

Distributism is not Free-Market

Forgive the blunt title of this blog post, but the point needs to be made in no uncertain terms. The Zenit News Agency has interviewed John Medaille, author of Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More, which calls for a direct if brief (more later, perhaps – I have yet to read the book) response from this Catholic defender of the market economy. Continue Reading...
March 11, 2010

The Scars of Ceausescu

It is a good thing from time to time to step back and remember just what it is that we who believe in the free society fight for each day. I stumbled across Michael Totten’s exploration of Romania – Twenty Years After the Fall of the Tyrant. Continue Reading...
November 25, 2009

Socialism Flu Shots for Christmas

Got the socialism blues? Worried that a friend or maybe a teenage son or daughter may contract a nasty case of it? Marvin Olasky at World magazine recommends former Acton research fellow Jay Richards’ 2009 HarperOne book, Money Greed and God: Why Capitalism Is the Solution and not the Problem: Among the myths Richards demolishes: The Nirvana Myth (contrasting capitalism with an unrealizable ideal rather than with its real alternatives), the Piety Myth (focusing on good intentions rather than results), and the Materialist and Zero-Sum Game Myths (believing that wealth is not created but simply transferred). Continue Reading...
November 16, 2009

Economic Liberalism and its Discontents

How do we restore confidence in free markets? Formulate a robust explanation of their moral value. Read Economic Liberalism and its Discontents on Public Discourse. In his recent book The Creation and Destruction of Value, Princeton University’s Harold James observes that the 2008 financial crisis resulted in more than the devastation of economic value. Continue Reading...