While we await Pope Benedict’s first social encyclical, it has been interesting to note what he has been saying on globalization and other socio-economic issues affecting the world today. None of these amounts to a magisterial statement but there are nonetheless clues to his social thought. Continue Reading...
Is this supposed to be capitalism?
Geoff Colvin writes that a motivating factor in the recent crash in corporate profits, as well as the sharp decline in home values, was the phenomenon that “people began to believe that the more they borrowed, the better off they would be. Continue Reading...
Sometime Acton publications contributor and adjunct scholar Thomas Sieger Derr posts on the First Things blog under the title, “The End of the Global Warming Scare?” Derr identifies a trend that has not been ignored on this blog: increasingly vocal and widespread skepticism toward at least the most dire predictions emanating from the climate change disaster crowd. Continue Reading...
Here’s the key assumption in Michael Gerson’s piece from last week, “The Libertarian Jesus”:
Private compassion cannot replace Medicaid or provide AIDS drugs to millions of people in Africa for the rest of their lives. Continue Reading...