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Vatican Radio reports that the Organization for Cooperation and Economic Development is adjusting its economic forecast for major developed economies downward, with growth in the Eurozone projected to be only 0.8% in the coming year. Along with this forecast, the OCED is encouraging the European Central Bank to engage in a program of stimulus to offset the negative effects of such weak levels of growth.

For analysis on this story, Vatican Radio turned to Kishore Jayabalan, Director of Istituto Acton in Rome, who explained that adjusting monetary policy would only mask the fundamental problems that cause slow growth in European markets, such as high taxes, burdensome regulatory schemes, and strict employment rules that make it difficult for employers to have any flexibility in hiring and firing.

You can listen to the full report and interview using the audio player below.

This summer during Acton University, I had the opportunity to be part of a recording for Moody Radio’s Up for Debate program, which has just recently been posted online. The subject for discussion was “Can Catholic, Orthodox, and Evangelical Christians Learn from Each Other?”

The participants were Jay Richards (Roman Catholic), Distinguished Fellow of the Institute for Faith, Work, & Economics and a Senior Fellow of the Discovery Institute, John Stonestreet (Evangelical), Fellow of the Chuck Colson Center for Christian Worldview, and me (Orthodox), an Acton research associate and assistant editor of the Journal of Markets & Morality.

In answer to the question of the show, the short answer that we all seemed to come to was, yes, we do have a lot to learn from one another. Our talk ranged from issues of Scripture and the Tradition of the Church to the current discussion in the public square over same-sex marriage.

Head over to Moody Radio to listen to the program here.

Crucible of Poverty

Stuart Ray, Donn Weinberg, and Anielka Munkel discuss solutions to poverty – July 17, 2014

On July 17th, the Acton Institute hosted a panel discussion titled “The Crucible of Poverty: Perspectives from the Trenches.” The discussion examined the issue of poverty, with a focus on what strategies for poverty alleviation have worked, what strategies have failed, and how we can better help the most vulnerable among us.

The panelists for the discussion were Mr. Stuart Ray, Executive Director of Guiding light Mission in Grand Rapids, Michigan; Mr. Donn Weinberg, Executive Vice President of The Harry and Jeanette Wienberg Foundation; and Ms. Anielka Munkel, Project Manager here at the Acton Institute, and a co-producer of the PovertyCure DVD series.

The discussion ranged from analysis of the roots of poverty in west Michigan to questions of federal policy relating to poverty, and how foundations can ensure that grant recipients are actually pursuing the goals supported by foundations.

The full discussion is available via the audio player below.

Elise Hilton has been writing a good deal lately about our manufactured border crisis, and last week Al Kresta, host of Kresta in the Afternoon on the Ave Maria Radio Network, asked Elise to join him on his show to discuss the human tide currently engulfing the southern border of the United States. They discuss the response – or lack thereof – of the Obama Administration to the crisis, the underlying causes of the problem, and how the failures of the US government to address this problem are playing into the hands of human traffickers. The interview is available via the player below.

Earlier today, Elise Hilton was featured on the Neal Larson Show discussing several facets of the current “Border Crisis” and suggesting how to address this situation.

Listen below:

Read Hilton’s commentary this week comparing our current situation with one 50 years ago in Cuba.

This morning, Acton Institute President Rev. Robert A. Sirico took some time away from his preparations for Acton University to speak with Jim Engster, host of The Jim Engster Show on WRKF radio in Baton Rouge, Louisiana, discussing how to address the issue of poverty in society, and the approach taken by Pope Francis and the church in general to that and other issues. They also discussed the problems with the ObamaCare model of health-care reform, among other issues. You can listen to the interview using the audio player below.

A couple of interviews to bring you up to speed on from that last couple of days:

First of all, here’s Acton Director of Research Samuel Gregg on the GRN Alive morning show on the Guadalupe Radio Network this morning to discuss current efforts to raise the federal minimum wage, giving his analysis on the likely impact of such a move on the economy and the job market.

And from yesterday, here’s Acton co-founder and President Rev. Robert A. Sirico with host Mike Rosen on The Mike Rosen Show on 850 KOA in Denver, Colorado, to discuss Pope Francis’ recent comments to United Nations officials, which included remarks on “legitimate redistribution of economic benefits by the State.” Rosen and Sirico speak extensively about Catholic teaching on economics, and about the misleading nature of the term “trickle-down economics.”

On Saturday morning, Acton Institute President Rev. Robert A. Sirico joined host Larry Kudlow on the nationally syndicated Larry Kudlow Show for a wide-ranging Easter weekend discussion. Sirico and Kudlow talked about everything from the so-called “Gospel of Jesus’ Wife” to the collapse of poverty rates worldwide over the past few decades, and ended with a conversation about the upcoming canonizations of Pope John XXIII and Pope John Paul II, and a reflection on whether the march of secularism can be turned back in western society.

You can listen to the interview via the audio player below.

Kishore Jayablan, director of Istituto Acton in Rome, joined host Monsignor Kieran Harrington on WOR Radio in New York on Sunday morning to discuss his personal history with Pope John Paul II and to give his thoughts on Pope Francis, with particular focus on Francis’ desire to see the Catholic Church become more directly focused on the needs of the poor. You can listen to the interview via the audio player below.

Acton Institute President and Cofounder Rev. Robert A. Sirico joined host Josh Tolley on The Josh Tolley Show on the GCN Radio Network to discuss the recent meeting at the Vatican between Pope Francis and US President Barack Obama. Sirico speaks about the discrepancy between the White House and Vatican recaps of the meeting and how that reflects the different purposes that the leaders had for the meeting as well as their different approach to dealing with social problems.

You can listen to the interview using the audio player below.