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How Christianity Created Capitalism
- Capitalism, it is usually assumed, flowered around the same time as the Enlightenment–the eighteenth century–and, like the Enlightenment, entailed a diminution of organized religion. In fact
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Is the Acton Institute a Catholic organization?
With this issue dedicated to John Paul II, it is timely to address a common misunderstanding that Acton is affiliated somehow with the Roman Catholic Church. Sometimes we are also asked whether Acton is linked to the Christian Reformed Church in North America because of the strong Dutch Calvinist presence in Grand Rapids, Mich., where the CRC and the Acton Institute are both based. In either case, the answer is no.Editor's note
This issue of R&L gets us inside so to speak, the European soul.Fairness in the market
What is conservation and what is waste can only be measured by the price system in a market setting.Defending the weak and the idol of equality
Protecting the weak is realistic in a way that trying to create absolute equality is not.Doubled-edged sword: The power of the Word
There are other practices in Deuteronomy that are described as abominable, practices with a more readily identifiable detestable nature such as sorcery, idolatry, and offering children in pagan rites. It is among such company that the law places one who cheats another out of a few cents in business.The dividends of social capital
If a culture places importance on virtues that help create prosperity – honesty, fairness, personal responsibility, the importance of hard work, and respect for law – it creates an atmosphere of trust, which engenders spontaneous and voluntary collaboration and creates the conditions where business and entrepreneurship can flourishTrust and entrepreneurship
The virtue of trust is critical in a free-market economy, including for the risk taking – that is, entrepreneurship and investment – that drives economic growth forward. High degrees of trust must exist in the economic system, in the government, in businesses, and in consumers.Editor's note
Do you have to be good to do well? This issue looks at that question.The virtues of development
Entrepreneurs and advocates of market freedom have a special obligation to emphasize the responsible use of prosperity, leisure, and charity.For I was hungry and you fed Me: Ag-biotech and hunger
For those with the gift of plenty, there are, of course, situations where alms are not only good but morally imperative. Alms, however, cannot be the rule. Rather, it is important that every country tries to produce enough food or other goods to trade for food. We do no one a favor if we make them dependent on us for their survival.I, T-shirt: Lessons from the cotton industry
Dr. Pietra Rivoli's new work, detailing the life cycle of a T-shirt, approaches the politics of world trade on a personal, and not an ideological, level.