The ‘Ecumenical’ Alternative

If you’re looking for more insight on, or perhaps simple confirmation of, the economic agenda of the ‘ecumenical’ movement (the World Council of Churches [WCC] the World Alliance of Reformed Churches [WARC], et al.), here’s an insightful little tidbit from Ecumenical News International: Pacific islanders are a source of hope for other Christian communities seeking a culturally-based communal economy based on sharing and cooperation, participants at a global church gathering have heard. Continue Reading...

Aid Does Not Equal Growth

The traditional formula for understanding the relationship between the developed and the developing world is the following: Aid = Economic Growth. That is, foreign aid spurs economic development in poorer nations. Continue Reading...

“Brain Drain” Reconsidered

A while back I mentioned a new book coming out questioning conventional wisdom on the “brain drain” problem caused by emigration from developing nations. The book will not be out for a while yet, but the author, Michele Pistone, has a long post on Mirror of Justice describing her findings and how they relate to traditional moral concerns raised by Catholic social teaching. Continue Reading...

Perusing Peru

Fr. Philip De Vous, chaplain of Thomas More College in Crestview Hills, KY and an adjunct scholar of public policy at the Acton Institute, writes of a recent trip to see operations of the Doe Run Company in Lima, Peru. Continue Reading...

Petrol-Socialism

2015: “Sorry guys! My bad!” Predictions, anyone? Chavez continues to flex his socialist muscles as he has now given ExxonMobil an ultimatum: either give him the controlling interest in their company, or lose their Venezuelan operation altogether. Continue Reading...

Respect My Food Sovereignty!

Much attention is on the World Trade Organization summit in Hong Kong. Here are a couple of ENI briefs on the WTO: Food, agriculture, subsidies grip faith groups as well as WTO Hong Kong (ENI). Continue Reading...

Who receives farm subsidies?

There’s a persistent myth in Europe and America that farms subsidies are needed to protect the “family farm” and all the virtues that accompany rural life. Religious leaders and Catholic Bishops conferences seem to be especially prone to this argument. Continue Reading...

Farm Subsidies Under Fire

The Financial Times reports that generous farm subsidies in the United States and Western Europe are increasingly beleaguered. If the US and Europe don’t voluntarily eliminate the unfair advantage their agriculture producers enjoy in the global market, then developing nations are likely to take legal action through the WTO. Continue Reading...

Chafuen on Latin America’s Problem

What, exactly, was the point of the recent Summit of the Americas in Argentina? President Bush’s participation there seemed to accomplish little more than to excite street mobs and vandals. And then there was Venezuelan President Hugo Chavez, doing his best Fidel impersonation as he led opposition to a U.S.-backed free trade agreement. Continue Reading...

Free Trade is Simple

Hans Mahncke, an International Law and Trade scholar at Hong Kong’s Lion Rock Institute, takes to task recalcitrant NGOs in a recent TCS article. The essential sticking point is the inability to reform the WTO: The WTO is plagued by two major faults. Continue Reading...