The Commercial Society
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Once relatively confined to parts of Europe and North America, commercial societies are now found in many other cultures and continents. Yet despite the international spread and growth of commercial order, the moral, economic, and legal foundations of commerc...
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Research
Acton's Core Principles
The Core Principles provides a framework for Acton Research as it seeks to make clear the path to a free and virtuous society. Read about the Core Principles here.
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Acton Research
The Research Department serves as the academic research facility of the Acton Institute, accommodating in-house and externally-based scholars from a variety of nationalities, Christian confessions, and different intellectual disciplines. Read More »
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From the Journal of Markets & Morality
Applying Judeo-Christian Principles to Contemporary Economic Issues
by
Clive
Beed
&
Cara
Beed
That Christian Scripture, the social teaching of the Roman Catholic Church, and other Christian theological systems contain transhistorical normative principles intended for application to contemporary socioeconomic life is a common claim. An instance of this approach is illustrated by a selection of Protestant economists. They argue that particular principles can be derived from scriptural exegesis intended to guide the organization of employment in advanced capitalist economies. The methodology employed in this undertaking is demonstrated. The second section takes the form of an elaborate Bible study. It utilizes the work of biblical exegetes to show how the economists in question deduce a particular normative principle intended to inform the organization of business firms. The third section discusses how this principle might be applied in the advanced capitalist economy. The methodology underlying the entire enterprise has been criticized, and the validity of the critique is assessed in the final section.
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In the Liberal Tradition
Noah Webster (1758 - 1843)
 “In my view, the Christian religion is the most important and one of the first things in which all children, under a free government, ought to be instructed. The Christian religion must be the basis of any government intended to secure the rights and privileges of a free people.”
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Property, not conscience, is the basis of liberty. For the defence of conscience need not arise. Property is always exposed to interference. It is the constant object of policy.
~ Lord Acton
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