Acton Institute Powerblog

Promoting free societies characterized by liberty & religious principles

A time of flux for Electrolux

An interesting news story on local Grand Rapids television last night concerning the long awaited closing of an Electrolux plant. While the story was fair and optimistic, I got a bit of a kick out of soundbite from Chicago writer Richard Longworth who said: “A wonderfully decent way of life is now just being undermined by productivity, by the global economy.” Continue Reading...

Milton’s still the man

New Perspectives Quarterly has a great interview with Milton Friedman, who at 93 years of age still exhibits more economic clarity than whole academic faculties and episcopal justice and peace commissions. Continue Reading...

Attack of the so-called free markets!

Economic reality is finally catching up with the big American automakers and their suppliers, as noted by Thomas Bray in Wednesday’s Detroit News: Around Detroit, the bankruptcy of giant auto parts maker Delphi Corp. Continue Reading...

A second step in Rwanda

Given the discussion last week about the ONE campaign and it’s position as a “first step” in fighting poverty in the developing world, I thought I’d pass along this story about evangelical pastor and best-selling author of The Purpose Driven Life, Rick Warren. Continue Reading...

A death dealing global economy?

The approaching G8 summit in Scotland has led the World Council of Churches to renew its call for a debt-free world. That is, debt-free if you are one of those developing nations that have been victimized by “increasingly unconscionable levels of inequity,” according to Rev. Continue Reading...

Ignoring Centesimus Annus

A defense of Pope John Paul II’s Centesimus Annus. For example, On Globalization The Claim: “John Paul II . . . thinks that capitalism goes way too far and results in oppression of people in the developing world. Continue Reading...

‘Slave markets’ and Africa’s development

This exchange came yesterday via NPR’s Morning Edition, as Renພ Montagne interviewed Cardinal Roger Mahony, the archbishop of Los Angeles… RENಞ MONTAGNE: Interesting, because of course, the notion of the vibrancy of the Church in the Southern Hemisphere. Continue Reading...