From folkways to institutions: Why culture matters for the economy

In our efforts to reduce poverty and spur economic growth, we can be overly consumed in debates about top-down policy tactics and the proper allocation of physical resources. Yet, as many economists are beginning to recognize, the distinguishing features of free and flourishing societies are more readily found at the levels of culture—attitudes, beliefs, and imagination. Continue Reading…
Related posts:
Samuel Gregg’s New Book: Wilhelm Röpke’s Political Economy
Russell Moore on Why Religious Liberty Matters
New video of Rev. Robert Sirico: ‘Defending the Free Market: The Moral Case for a Free Economy’

Read more at The Acton Institute

From folkways to institutions: Why culture matters for the economy

In our efforts to reduce poverty and spur economic growth, we can be overly consumed in debates about top-down policy tactics and the proper allocation of physical resources. Yet, as many economists are beginning to recognize, the distinguishing features of free and flourishing societies are more readily found at the levels of culture—attitudes, beliefs, and imagination. Continue Reading…
Related posts:
Samuel Gregg’s New Book: Wilhelm Röpke’s Political Economy
Russell Moore on Why Religious Liberty Matters
New video of Rev. Robert Sirico: ‘Defending the Free Market: The Moral Case for a Free Economy’

Read more at The Acton Institute