Acton Institute President and co-founder, Rev. Robert Sirico was recently interviewed on both Bloomberg TV as well as Fox & Friends’ Varney & Co. Sirico spoke with Trish Regan on Bloomberg’s “Street Smart” about financial reform in the Vatican:
I met Naomi Schaefer, not yet Riley, while she was editor of “In Character” and just about to have her first book “God on the Quad” published. I invited her to be a speaker at a Catholic business conference that I was involved with in southern California. The following week she married Jason Riley. The writing career continues to produce good stuff. And there are three kids now and a house in the burbs. Good stuff all around.
Her latest book’s title “Got Religion – How Churches, Mosques and Synagogues Can Bring Young People Back” made me think of the intermittently resurrected advertising campaign of a few years ago, “Got Milk.” The reference in that campaign was to make the point that everybody needs it and if you’re missing milk, you’re missing something important. Really important.
Well, that’s the same way Naomi feels about religion and this latest book informs us of how much things have slipped in our culture. And it informs the reader of what we and others can do and are doing about it.
Much has been said about Pope Francis’ views on economics (in fact, you can read Acton’s Special Feature on this here.) In The Wall Street Journal, Cardinal Timothy Dolan of New York, discusses how the media has skewed Francis’ remarks as endorsing redistribution and denouncing capitalism. Cardinal Dolan says this is unfortunate, given what the pope has actually said. While the pope is clear that we must be generous in all our social activity, he is not denouncing capitalism.
The church believes that prosperity and earthly blessings can be a good thing, gifts from God for our well-being and the common good. It is part of human nature to work and produce, and everyone has the natural right to economic initiative and to enjoy the fruits of their labors. But abundance is for the benefit of all people.
As noted here on the Acton PowerBlog earlier this week, 2014 marks the 50th anniversary of Lyndon B. Johnson’s declaration of war on poverty. Economist Nicholas Eberstadt, in an interview with the American Enterprise Institute, discusses what he calls the “brave new welfare state” we now have due to over-grown public assistance and unintended consequences of government programs.
Asked if we need to spend more money on anti-poverty initiatives, Eberstadt answers:
Let me suggest this is not the right way of framing the question. Quite the contrary: if we presume that government entitlement transfers are the answer to the poverty problem, we are pretty much doomed to failure before we even start.
For a healthy national community of prosperous and independent citizens, we need a nation with strong families, solid education, a serious work ethic, and a good jobs market. Anti-poverty programs can only substitute for these fundamentals—and unfortunately such programs are necessarily rather limited and imperfect substitutes. Of course there is a role for public resources in addressing public need—but such government resources can be targeted more efficiently and intelligently than we are doing today.
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.”
Sam Gregg, Director of Research for Acton, is featured in an interview with the National Catholic Register. The interview ranges from Gregg’s education and career at Acton to how Catholicism and the free markets dovetail.
Trent Beattie questioned Gregg about St. Bernadine of Siena, who defended business and entrepreneurs. Gregg replied:
Most Catholics are unaware of the broad Catholic intellectual and institutional contributions to the development of market economies in general, especially during their early phases in the Middle Ages. Too often, we buy into the “Dark Ages” mythology about this period. So the fact that St. Bernardine of Siena — and many other Franciscans — were among the first to grasp the importance of the entrepreneur as a key catalyst for economic growth, or that they made clear and important distinctions between money-as-sterile and money-as-capital, get missed alongside all the other things that happened in the so-called “Dark Ages.”
I also think that many people have an imaginary understanding of St. Francis and the Franciscan orders that followed in his wake. They weren’t all poor mendicants. Lots of them were very intellectually serious men who lived, worked and often taught in urban centers, and thus experienced what some scholars have called the Commercial Revolution of the Middle Ages. They didn’t try to resist it. Rather, they sought to understand it so that they could guide the faithful in the “how” of living a Christian life in the midst of this new world.
Yahoo! Finance’s Stock Analyst, Kevin Chupka, recently interviewed Rev. Robert Sirico about the “Cure for Income Inequality” and the work of PovertyCure. Chupka begins by stating that “close to half the planet lives on less than $2 dollars a day” and that an alarming number of Americans are living below the poverty line. He then states that despite all the good intentions, decades of charitable giving hasn’t done much to end this problem. Chupka and Sirico discuss PovertyCure’s mission to “challenge the status quo and champion the creative potential of the human person;” looking for ways to engage the poorest of the poor in trade rather than simply giving them money and hoping for the best.
Russell Moore talks and writes about a lot of topics as president of the Southern Baptist Ethics & Religious Liberty Commission. He even writes about the legendary Johnny Cash. “Cash always seems to connect,” says Moore. When it comes to leading and speaking about religious liberty, the same can be said for Moore. There are few as engaging and persuasive as Moore in the public square today. He’s interviewed on this important topic in the issue of Religion & Liberty . In the editor’s notes, I speak a little bit on the impact of Moore’s character and integrity.
“Shades of Solzhenitsyn” is the feature essay and Kevin Duffy offers a critical analysis on some of the similarities between Pope Francis and Alexander Solzhenitsyn. A world starved by a lack of moral clarity is in desperate need of the best thoughts from both men.
Dylan Pahman reviews Reality, Grief, Hope: Three Urgent Prophetic Tasks by well-known Old Testament scholar Walter Bruggemann. I review Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets by Peter Schweizer. We all are or should be aware that our leadership in Washington is a disaster and a cesspool of corruption. But it’s even worse than that according to Schweizer. The system is best understood by comparing it to organized crime. Schweizer was interviewed in the Winter 2013 issue of Religion & Liberty.
“Christian Environmentalism and the Temptation of Faux Asceticism” by Fr. Michael Butler and Andrew P. Morriss is an excerpt from Creation and the Heart of Man: An Orthodox Christian Perspective on Environmentalism . That work is invaluable for a more responsible environmental framework with God at the center of creation.
It may be surprising, especially to many of our Reformed readers, that Richard Baxter has never been profiled for “In the Liberal Tradition.” Max Weber called Baxter the embodiment of the Protestant work ethic and Baxter’s thought and prolific writings are still widely utilized and studied. We’d all be better off if we took the time to read How to Do Good to Many.
If you’d like to read our executive director’s thoughts on Acton’s battle with the city over our property tax exemption, there is no better statement on this issue than Kris Mauren’s frequently asked questions segment.
As we approach our upcoming April 29th Conference in Rome “Faith, State, and the Economy: Perspectives from East and West“, Acton’s Research Director, Samuel Gregg shares his insights on the relationship between religious and economic liberty and the threats society now faces. Gregg also discusses where he thinks places like Europe and America are heading, as well as what some of the guest speakers will talk about during the conference.
PowerBlog: Why is the Acton Institute’s upcoming April 29th Conference in Rome “Faith, State, and the Economy: Perspectives from East to West” so important and timely?
Samuel Gregg: Religious liberty is obviously an enormous issue today for Catholics as well as other Christians. The sheer number of people who are being killed each year because of their Christian faith should be disturbing for everyone.
What’s often missed, however, is how diminutions in religious freedom affect other liberties, including economic freedom, and vice-versa. Taking away or severely limiting people’s economic liberty because of their religion has been a classic means by which governments have tried to indirectly undermine people’s attachment to their faith. This was one of the tactics used by the government of Queen Elizabeth I against Catholics in England in the sixteenth century, and, I would add, rather successful. And whether it is in the West, the Middle East, or East Asia, we can see this and others patterns emerging in subtle and sometimes not so subtle ways. (more…)
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.