Acton Institute Powerblog Archives

Post Tagged 'wealth creation'

‘Democratic socialist’ policies made the poor poorer: Study

Christians who oppose government intervention are often accused of harboring indifference, or antipathy, for the poor. But an abundance of evidence from two continents shows that welfare state policies actually reduce the wealth of the poor and raise prices, while benefiting the upper-middle class and well-connected corporations at taxpayers’ expense. Continue Reading...

Is wealth immoral? A Jewish view

At a public event earlier this year, when Ta-Nahisi Coates asked Alexandria Ocasio-Cortez if any “moral world” ever “allows for billionaires,” she replied simply, No.” Earlier this month, Adam Roberts asked at Vox, “Is wealth immoral?” while, some time earlier, journalist A.Q. Continue Reading...

When Generosity Transforms a Community

Bishop Hannington longed to see an awakening to generosity in his town of Bundibugyo, Uganda, where many viewed giving more as a matter of duty than heartfelt joy. Yet what at first seemed like a significant challenge soon grew even steeper. Continue Reading...

Overcoming ‘Anti-Foreign Bias’ in Trade and Immigration

Many conservatives exhibit a peculiar tendency to be pro-liberty when it comes to business, trade, and wages, but protectionist when it comes to the economic effects of immigration. It’s an odd disconnect, and yet, as we’ve begun to see with figures like Donald Trump and Rick Santorum, one side is bound to eventually give way. Continue Reading...

Enterprise is the Most ‘Effective Altruism’

Many of you know Jay Richards from his regular lecturing at Acton University. He has a newly co-authored piece in The Daily Caller, “Enterprise is the most ‘effective altruism.’” There’s more to be said on the complex issue of helping the poor than can be put in a single op-ed, of course, but there’s some great food for thought here, particularly for those who view business and markets as necessarily part of the problem. Continue Reading...

On Consecrating the Entire Economic Order

Thanks to Fr. John A. Peck at the Preacher’s Institute for sharing this article with the PowerBlog. On Consecrating the Entire Economic Order By Fr. Patrick Henry Reardon St. Luke’s account of Zacchaeus in the sycamore tree (19:1-10) is a story rich in spiritual reflection; preachers and Bible-readers, coming from a variety of backgrounds, have explored the narrative unto great profit for the education of the soul. Continue Reading...