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Free Enterprise and the Common Good
Episode 383

Free Enterprise and the Common Good

<p>For this episode of Acton Line, Dylan Pahman, the editor of the Journal of Markets and Morality and a research fellow here at Acton, speaks with Alexander Salter. Salter is the author of the recent article "Free Enterprise and the Common Good,“ published at the Heritage Foundation. The article has generated a lot of buzz, particularly online, where the Salter’s ideas have been the subject of much debate. </p><br><p>Before delving into specific questions about the article and its reception, we start with some definitions to clear the air: What is common-good capitalism? What is the common good? And what is the difference between the "science" of economics and the "art" of political economy? </p><br><p>They then explore how the author's article has been perceived within the context of the Heritage Foundation's recent changes, as well as how their ideas diverge from those of other national conservative economic proposals. </p><br><p>They also discuss the influence of Roman Catholic social thought on the author's ideas, and the ways in which the Swiss German ordoliberal economist Wilhelm Röpke has shaped their thinking. Finally, we look at the concept of industrial policy and how it fits into the author's vision of common-good capitalism.</p><br><p><a href="http://acton.org/audio" rel="noopener noreferrer" target="_blank">Subscribe to our podcasts</a></p><p><a href="https://university.acton.org/" rel="noopener noreferrer" target="_blank">Apply Now for Acton University 2023</a></p><br><p><a href="https://www.heritage.org/conservatism/report/free-enterprise-and-the-common-good-economic-science-and-political-economic-art" rel="noopener noreferrer" target="_blank">Free Enterprise and the Common Good: Economic Science and Political–Economic Art as Complements | The Heritage Foundation</a></p><br><p>Photo Credit: ASSOCIATED PRESS</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Acton Line

April 26, 202349m 24s

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Show Notes

For this episode of Acton Line, Dylan Pahman, the editor of the Journal of Markets and Morality and a research fellow here at Acton, speaks with Alexander Salter. Salter is the author of the recent article "Free Enterprise and the Common Good,“ published at the Heritage Foundation. The article has generated a lot of buzz, particularly online, where the Salter’s ideas have been the subject of much debate. 


Before delving into specific questions about the article and its reception, we start with some definitions to clear the air: What is common-good capitalism? What is the common good? And what is the difference between the "science" of economics and the "art" of political economy? 


They then explore how the author's article has been perceived within the context of the Heritage Foundation's recent changes, as well as how their ideas diverge from those of other national conservative economic proposals. 


They also discuss the influence of Roman Catholic social thought on the author's ideas, and the ways in which the Swiss German ordoliberal economist Wilhelm Röpke has shaped their thinking. Finally, we look at the concept of industrial policy and how it fits into the author's vision of common-good capitalism.


Subscribe to our podcasts

Apply Now for Acton University 2023


Free Enterprise and the Common Good: Economic Science and Political–Economic Art as Complements | The Heritage Foundation


Photo Credit: ASSOCIATED PRESS


Hosted on Acast. See acast.com/privacy for more information.