“The Deal Professor,” Steven M. Davidoff, has a good piece at The New York Times website about the indispensability of finance to our economy. It briefly rebuts the view popularized in the Oliver Stone movie Wall Street, in which financiers are portrayed as greedy parasites. I left a comment at the web page, noting that our documentary The Call of the Entrepreneur makes a similar case. I include the comment below, since it may not pass muster with the page’s comment moderator:

Read more on The Inevitability of Finance And The Call of the Entrepreneur…

From the vision of the New Jerusalem in Revelation 21 to Augustine’s City of God, the civitas is an enormously pervasive and rich biblical and theological theme. On the contemporary scene there area number of indications that evangelicals are looking more deeply and critically at engagement with the “city” as a social, political, ethical, and theological reality. This is part of the explicit vision of The King’s College in New York City, for instance, where Acton research fellow Anthony Bradley is currently a visiting professor of theology. At Houston Baptist University, the publication aptly named The City, “featuring leading voices in Christian academia and elsewhere on the critical issues of the times.”

Read more on Christ, Culture, and the City…

In August, the Wall Street Journal Europe published an article exploring the difference in health care received by domesticated animals and humans. (see “Man Vs. Mutt: Who Gets the Better Treatment?” in WSJ Europe, August 8, 2009) The editorialist, Theodore Dalrymple (pen name for outspoken British physician and NHS critic, Dr. Anthony Daniels) argued that dogs and other human pets in his country receive much better routine and critical healthcare than humans: their treatment is “much more pleasant than British humans have to endure.”

Dalrymple outlines just why this is so: pets in the U.K. actually have it better than their owners since: a) they receive immediate treatment with no waitlists or postponed operations “(and) not because hamsters come first”; b) there is no fear that somehow they are being denied the proper treatment for economic reasons: there is “no tension, no feeling that one more patient will bring the whole system to collapse…; (no one is) terrified that someone is getting more out of the system than they.”; and c) pets in veterinary facilities have more options and flexibility for choosing a healthcare practitioner: “if you don’t like him, you can pick up your leash and go elsewhere.”

British humans, on the other hand, have to deal with navigating the rapids and swells of NHS bureaucracy, which requires the skills of a “white-water canoeist”. They must also endure interminable wait-times for prostheses and life-improving operations. Often they receive sub-standard administrative services, nursing assistance and meal provisions.

As President Obama continues to promote a Europeanization of the American healthcare model, the WSJ Europe editorialist beckons us to listen to such howling in the twilight of the Old Continent’s rapidly aging nationalized healthcare systems. Part of this howling is caused in the less dignified forms of public health services and treatment of human patients. Yet, there is plenty of loud barking over the mismanagement and abuse within nationalized healthcare across Western Europe, particularly in terms of mishandling budgets and sources of revenue. Read more on The Dog Days of European Socialized Medicine…

This week’s Acton commentary looks at the trend by many in the charitable sector to become increasingly reliant on government support. Sign up for the free, weekly Acton News & Commentary newsletter in the form here (right hand sidebar).
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The independence of American charities has steadily eroded in recent years as more philanthropic institutions have come to see their mission as one of partnership or collaboration with the government. That’s a nice way of saying, “seeking government dough.” Now, in the throes of a severe economic crisis and budget cutbacks at state and local levels, many charities are in a panic about reduced levels of funding. Anyone with eyes to see could have seen this coming.

A recent report in The Chronicle of Philanthropy spoke of a California budget crisis where “charities there are braced for steep cuts to social services and health care.” In Chicago, one manager of a children’s home said, “We’ve never seen the likes of this.”

The growing dependence of many charities on government support has been accelerated by the federal government’s funding, over several recent administrations, of charitable organizations for managing various social service programs. This funding, its supporters argue, gives private initiative the resources it needs to accomplish good works — with a little extra help from the government. But at what cost? Read more on Philanthropy Cannot Serve Two Masters…