Category: Publications

Defending the Free Market by Rev. Robert SiricoActon Institute has crafted a website for Rev. Robert Sirico’s new book, Defending the Free Market. With this you can give the defendingthefreemarket.com  web address to your friends for an easy-to-remember access point to the book. Other notable things about the site include:

What are you waiting for? Find out more about Defending the Free Market at defendingthefreemarket.com.

Today marks the official launch of the new and improved website for the Journal of Markets & Morality.

In addition to the new design, we also have included a search feature whereby anyone who wants can search back issues for keywords, authors, names, and so on. For example, a search for “Alexis de Tocqueville” yields 29 results, and a search for “subsidiarity” turns up 78! As is our current policy, everything up to the two most recent issues is free to access for the public and all issues are open to subscribers.

Take the time to visit us at www.marketsandmorality.com and “like” us on Facebook to receive timely updates about new issues and other news.

Blog author: jballor
posted by on Wednesday, May 23, 2012

In this week’s Acton Commentary, “Contagious Community,” I look at the positive as well as the negative aspects of coordination and cooperation between human beings on a global scale. The film Contagion provided the occasion for these reflections, and I argue that

while the film is clear about the dangers of globalized human relationships, it also teaches a more subtle lesson. Even as disease represents a danger that can have worldwide impact, such dangers remain the exception rather than the rule. Indeed, the film portrays quite well how global networks of information and exchange are absolutely foundational for our contemporary world.

Abraham Kuyper on Common Grace in Science & ArtI was reminded of this uniquely human social characteristic again while reading through Abraham Kuyper’s Wisdom & Wonder: Common Grace in Science & Art this week. Kuyper makes the point that human pursuit of scientific knowledge is a communal endeavor. In fact, he writes,

Science is thus constructed not on the basis of what one person observes, discovers, imagines, and organizes into one system in his or her thinking. Rather, science arises from the fruit of the thinking, imagining, and reflecting of successive generations in the course of centuries, and by means of the cooperation of everyone.

What we have in the case of the development of human knowledge, then, is a communal endeavor defined not just in spatial terms (i.e. globally) but also temporally, including the successive ages of human beings from the past and their discoveries as they have been built upon and communicated to us today.

When discussing the idea of the invisible church, theologians include both the living and dead (who now enjoy the revelation of the blessed in the intermediate state) as making up “the communion of saints.” But similarly with respect to science as a common grace enterprise, we have a communion of common grace that likewise includes the living as well as the dead.

No single person can comprehend science in an “exalted sense,” which for Kuyper “originates only through the cooperation of many people,” the living as well as the dead. In the same way, no single person knows how to manufacture a pencil or build a chair, in part because none of us who are alive today got where we are on our own. We (and our civilization) are the products of those who have come before.

Recognition of this should instill in us a pretty healthy sense of humility and gratefulness for the graces of human community.

Fr. Robert Sirico, President and Co-founder of the Acton Insitute, has a busy media schedule to promote his new book, Defending the Free Market: the Moral Case for a Free Economy. Here are just a few that you might want to catch:

Tuesday, May 22, 2:40 p.m. EST: The Bob Dutko Show

Wednesday, May 23, 6:30 p.m. EST: Book Signing at the Catholic Information Center in Washington, DC – live coverage from C-SPAN

Thursday, May 24, 10:30 a.m. EST: The Laura Ingraham

Thursday, May 24, 12:30 p.m. EST: The G. Gordon Liddy Show

Thursday, May 24, 8 p.m. EST: EWTN’s The World Over Live

Continue to watch the blog for more media events, as well as recordings of Fr. Sirico’s appearances, just in case you miss them.

Beginning today, the conference “Religion and Liberty — A Match Made in Heaven?” gets underway in Jerusalem. Sponsored by the Jerusalem Institute for Market Studies (JIMS), the Acton Institute and others, the event asks questions such as, “Is capitalism not only efficient but also moral?” In conjunction with this May 20-24 conference, Acton is offering its two Jewish monographs through Amazon Kindle at no charge.

The two titles:

  • Judaism, Law & The Free Market: An Analysis by Joseph Lifshitz. [Kindle link]
  • Judaism, Markets, and Capitalism: Separating Myth from Reality by Corinne Sauer and Robert M. Sauer [Kindle link]

Also see the Sauers’ 2007 Acton commentary, “Jewish Theology and Economic Theory.”

In the conference description, JIMS notes that “several speakers will discuss why Israel — in fact no country — should grant special privileges to religious institutions, nor subsidize religious activities. While few would advocate this approach for our Jewish state, there will be compelling arguments made about why religious communities in Israel would flourish with less government support. On Tuesday we will discuss how free markets enable religious communities to conveniently observe their traditions. There also will several panels which will provide the philosophical foundation for freer markets in Israel. More importantly our speakers will explain why free market policies will break down Israel’s oligarchical institutions that impose high product prices on Israelis and limit economic opportunity.”

In addition to JIMS and Acton, the Jerusalem conference is sponsored by the Becket Fund for Religious Liberty, the Atlas Network and Maarah Magazine.

Acton now has a dozen or so eBook offerings on social thought understood through a religious lens. For a listing of titles, please visit this page.

Blog author: jballor
posted by on Thursday, May 17, 2012

As part of his final address to the participants in the law and religion symposium last week, Rik Torfs, a Belgian senator and head of the faculty of canon law at KU Leuven, observed that some of the great things in public discourse occur in the context of vociferous initial backlash. After all, he said, if you posit something and everyone just accepts it as a matter of course, then it is merely a truism and of no benefit to anyone. You haven’t really said anything at all.

Forgive me for the personal detour, but Torfs’ observation reminded me of one of the responses to my book, Ecumenical Babel: Confusing Economic Ideology and the Church’s Social Witness. In a lengthy “reply to Jordan J. Ballor,” Christopher Dorn essentially argues that “Ballor excludes himself from a discussion which can properly evaluate the claim that the use of ‘empire’ does in fact rest on a theological basis.” Dorn’s appeals to Karl Barth on this point for a “theological basis” may resonate with some, but do little to allay my fears about the particularly Reformed rationale for doing so, glosses to John Calvin notwithstanding.

Dorn does charitably contend that “there is always room for honest disagreement and divergence.” In a similar way Rev. Peter Borgdorff of the Christian Reformed Church has said that he prefers to call the Accra document a “conversation” rather than a “confession.” But I think that a plain reading of the Accra Confession, on its own terms qua confession, does little to validate the claim that there is “always room” in the ecumenical tent for “honest disagreement and divergence.” In fact, the concern that unity not be reduced to unanimity on these points was one of the major motivations behind my critical engagement.

It’s nice to be part of the conversation, I suppose, but I’d feel better if such “critical voices” were not, as Dorn puts it, “in the minority.”

Acton Institute is once again offering a free ebook; this time, Banking, Justice and the Common Good. From now until May 5, 2012 at 3 a.m. EST, you can click on this link and download the monograph for free.

We’d appreciate your comments and thoughts on the book. When you’ve finished, please go to the Amazon page for the book and leave a review.

Blog author: mhornak
posted by on Monday, April 30, 2012

Is ‘fair trade’ more fair or more just than free trade? While free trade has been increasingly maligned, The Fair Trade movement has become increasingly popular over the last several years. Many see this movement as a way to help people in the developing world and as a more just alternative to free trade. On the other hand, others argue that fair trade creates an unfair advantage that tends to harm the poor.
(more…)

Blog author: jballor
posted by on Wednesday, April 25, 2012

Chuck ColsonOn of Chuck Colson’s heroes was Abraham Kuyper, and when we set out to publish a translation of Kuyper’s three volumes on the topic of common grace, Chuck was happy to support the project.

Here’s what he said about the first selection from the larger translation project, Wisdom & Wonder: Common Grace in Science & Art:

Abraham Kuyper was a profound theologian, an encyclopedic thinker, and a deeply spiritual man who believed that it is the believer’s task ‘to know God in all his works.’ In a day when secular science is seeking to establish hegemony over all knowing, and when postmodern art is threatening to bring an end to art, Kuyper’s solid, Biblical insights can help to restore perspective and sanity to these two critical areas of creation.

(more…)

Shrine with relic of St. Dimitry of Rostov in Spaso-Yakovlevsky abbey in Rostov. Source: Sergei Mikhailovich Prokudin-Gorskii Collection (Library of Congress). Wikimedia Commons.

Yesterday in First Things’ daily “On the Square” column, Matthew Cantirino highlighted Sergius Bulgakov’s theology of relics, recently translated by Boris Jakim.

Cantirino writes,

Even today, it must be admitted, the subject of relics is an often-overlooked one in theology, and especially in popular apologetics. To the minds of many the topic remains a curio—a mild embarrassment better left to old ladies’ devotionals, or the pages of Chaucer. Yet, for Bulgakov, this awkward intrusion of the physical is precisely what religion needs in modernity…. As he sees it, all relics take part in (and, in some sense, become) aspects [of] the greatest of all “relics,” the bread of the Eucharist. And it is for this reason, he notes, that altars include… relics at their core. Like the Eucharist, saints’ relics “are not corpses; rather, they are bodies of resurrection; and saints do not die.”

(more…)