Acton Institute Powerblog Archives

Post Tagged 'The Federalist'

Can Capitalism Save the Arts?

Capitalism is routinely castigated as an enemy of the arts, with much of the finger-pointing bent toward monsters of profit and efficiency. Other critiques take aim at more systemic features, fearing that the type of industrialization that markets sometimes tend toward will inevitably detach artists from healthy social contexts, sucking dry any potential for flourishing as a result. Continue Reading...

Pope Francis’ Incoherent Economics

Peter Johnson, external relations officer for the Acton Institute, discusses the muddled economic message in the recent encyclical for The Federalist: While I don’t doubt for a moment that Pope Francis sincerely wants to help the poor, I think it would be difficult for even the most erudite Catholic scholars to find a coherent message in a passage like this. Continue Reading...

Samuel Gregg On Pope Francis’ American Visit

Today in The Federalist, Acton director of research Samuel Gregg looks ahead to Pope Francis’ American visit. Gregg, of course, cannot predict the future, but he can respond to others’ speculation; in particular, he takes issue with Jeffrey Sachs. Continue Reading...

Cronyism Isn’t Just About Economics; It’s About Culture

According to Merriam-Webster, “cronyism” is ” the unfair practice by a powerful person (such as a politician) of giving jobs and other favors to friends.” For instance, former Detroit mayor, Kwame Kilpatrick, surrounded himself with friends and family members while in office, as he cheerfully plundered the city’s coffers, sharing the wealth with his entourage. Continue Reading...
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