Category: Publications

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.

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.

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.
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Blog author: jballor
Wednesday, April 25, 2012
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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.

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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.”

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Since your wallets are probably a bit lighter due to Tax Day here in the United States, Acton wants to help out by giving you a free e-book: Globalization, Poverty and International Development. Just follow the link, Globalization, to get our monograph from Lord Brian Griffiths delivered free to your Kindle or e-reader. This offer is available beginning at 3 a.m. EST, 4/17/12 until 3 a.m. EST, 4/19/12.

 

Herman Selderhuis

2017 marks the 500th anniversary of the Protestant Reformation. For the Winter 2012 Religion & Liberty issue, now available online, we interviewed Reformation scholar Herman Selderhuis. Refo500, under the direction of Selderhuis, wants to help people understand the meaning and lasting significance of the Reformation. Selderhuis and Refo500 are already playing an essential role in promoting the anniversary and Acton is honored to be a part of that endeavor as well.

For myself, Reformation study was critical to my own spiritual formation. Roland Bainton’s Here I Stand is just one book that has had a lasting impact in my life.

This year marks the 60th anniversary of the publication of Witness by Whittaker Chambers. We have a superb article by Richard Reinsch on the deep influence of Witness and its relevance today. Reinsch authored the exceptional Whittaker Chambers: The Spirit of a Counterrevolutionary in 2010. I reviewed the book in a past issue of R&L.

James Franko contributed an essay from a classically liberal perspective on “A Case for Limiting Caesar.” I’ve contributed a review of Mark Tooley’s new book Methodism and Politics in the 20th Century.

The “In the Liberal Tradition” figure is Francis Hutcheson. Hutcheson, of course, would do much to shape the notion of rights in the American colonies.

Let me also say something about the expansion of Rev. Robert Sirico’s column for this issue. We have excerpted a passage from his new book Defending the Free Market: The Moral Case for a Free Economy. It will be available from Regnery in May of this year. Anybody who is an admirer or feels they can learn something from Rev. Sirico will cherish this publication. It really serves to remind us all just how much the Acton Institute and its mission makes sense.

There is more in this issue. Check out the editor’s notes for all the details.

Blog author: ehilton
Wednesday, April 4, 2012
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I found this video on NPR’s ‘Planet Money’  intriguing.  A young woman reflects on the cost of her wedding dress, which she’s obviously worn once.  She recognizes that there is enormous emotional attachment to this garment, but there is something going on in terms of how much she spent; she just can’t quite put her finger on it.  She eventually finds out that she probably over-paid by about $1200.

She believes she has been ripped off.

There are a few problems with this.  First, no one needs an expensive wedding dress.  Yes, we ladies like to dress up and look good – no more so than on our wedding day.  But need?  Nope.  The decision to spend a bunch of money on a white lacey dress has more to do with desire and certain cultural and personal expectations than necessity.

Second, the young lady complains about ‘asymmetric information’; that is, she went into the dress-buying experience at the mercy of those selling the dresses.  They all knew far more about labor, material, cost, etc. than she did, and she was just along for the ride.  If they said the dress cost $2000, so it must be.

But clearly, she wasn’t at their mercy.  AFTER she bought the dress, she went to a wholesale material buyer and a tailor, and got the low-down.  Why didn’t she educate herself BEFORE buying the dress?

In Money, Greed and God, author Jay W. Richards says this:

 “Free exchanges, by their very nature, will be viewed as winning exchanges by all parties involved.  Otherwise the free parties wouldn’t be involved in the exchange….A free market is best for distributing goods, services and information, whether they are trucks, trumpets, or trashy novels.  But the system doesn’t determine what choices people will make.

In other words, in a free market, one is free to be a bad consumer and/or a bad business person.  But poorly informed or unethical personal choices are not the fault of the market.  As Richards points out, “We shouldn’t expect the economy, free or otherwise, to instill virtue in people.”

Did this young lady pay too much for her dress?  It appears so.  She certainly looked attractive at her wedding, and the photos of this day, she is sure, will be lovingly preserved for generations.  But emotions can make for immoderate desires, poor financial decisions – and really expensive lessons for consumers.

Visit the Acton Book Shoppe and purchase Money, Greed, and God.