Blog author: jcarter
by on Thursday, January 16, 2014

Ukraine Catholic leader: government threats will not intimidate Church
Catholic World News

The leader of the Ukrainian Catholic Church has vowed that his clergy will not be deterred by the government’s threat to revoke the registration of the Byzantine-rite body.

5.3 billion people face harsh religious freedom restrictions
Brian Pellot, Religion News Service

Global religious hostilities reached a six-year high in 2012 and affected more people than government curbs on religious freedom, according to the Pew Research Center’s latest report on religious restrictions around the world.

A War on Income Inequality Is a Bad Idea
Tyler Castle, Values & Capitalism

President Obama has effectively declared a similar war on income inequality, which he believes “is the defining challenge of our time.” Expect more LBJ-like language about inequality when Obama delivers his own State of the Union address later this month.

Does the Bible Condemn Trade?
R. Mark Isaac, Institute for Faith, Work, and Economics

Even when both economists and theologians acknowledge the “mutual benefit” motivation of free exchange, there is nevertheless a potential and important parting of the ways when the terms of “benefit” are dissected.

  • Clare Krishan

    re: Tyler’s “A war on income inequality will create strife where there need not be any,” evidences a rather blinkered vision of the monetary mayhem wrought in our domestic economy, is he oblivious to the suffering that ZIRP QE has unleashed? If a “war” is being fought, it’s a war of choice by TPTB on we holders of the world’s reserve currency, the US dollar’s debasement is social re-engineering on a vicious scale, yet too many so-called ‘conservatives’ and ‘liberty’ activists who have benefited from the moral hazard appear never to have examined their consciences on the atrocious ethics implicit in a public policy of seignorage-as-stealth-tax. Acton needs to do MUCH more to analyze the detrimental legacy of our current political chicanery on future generations.

  • Clare Krishan

    “With real median household income 8% lower than it was in 2008, the
    collapse in retail traffic is a rational reaction by the impoverished
    99%. Americans are using their credit cards to pay their real estate
    taxes, income taxes, and monthly utilities, since their income is lower,
    and their living expenses rise relentlessly, thanks to Bernanke and his
    Fed created inflation.” http://www.zerohedge.com/news/2014-01-20/retail-death-rattle. echoed here by Peggy Noonan in the WSJ
    http://www.peggynoonan.com/2013/12/20/the-most-memorable-words-of-2013/
    “A billionaire’s worry: ‘Every time I hear the stock market went up I know the guillotines are coming closer.’ “This year I came to understand, at meetings and symposia, that this has become an ongoing preoccupation of the wealthy. They are not oblivious, they are concerned. And though they give away hundreds of millions of dollars to charities, schools and scholarships, they don’t know what can be done to turn the overall economic picture around. Globalization isn’t leaving, industrial manufacturing isn’t coming back as it was, technology will continue to give jobs to the educated, and the ever-evolving mischief of men and markets won’t change. They are worried. They are right to be. They are trying to think it through, trying to find any realistic solutions, and words.”
    … and about time, Peggy {shame about the years wasted to Romney and the GOPs disdain for the 48%) struggling to preserve their middle class decency amidst privatized gains and socialized losses. The natural law common sense of Nassim Talib’s “Anti-Fragile” may yet hit home before the shards of the remains of the “wealthy” and their “wealth creating” economy take their toll…