PBR: History Casts Doubt

In response to the question, “What is wrong with socialism?” I can hardly do better than Pope John Paul II, who wrote in Centesimus Annus, “the fundamental error of socialism is anthropological in nature,” because socialism maintains, “that the good of the individual can be realized without reference to his free choice.” Continue Reading...

The ‘P’ Word

This guy fails the ‘anthropological Rorshach’ test: Jonathon Porritt, who chairs the government’s Sustainable Development Commission, says curbing population growth through contraception and abortion must be at the heart of policies to fight global warming. Continue Reading...

PBR: What is Wrong with Socialism?

This week we introduce a new regular feature we’re calling “PowerBlog Ramblings” (PBR). The concept is simple: we’ll post a question along with some background for why that question has been selected, and various PowerBlog contributors and guests will respond to that question. Continue Reading...

New Book: Cleveland on Economic Policy

As the media bombard us with misleading language describing the role of government in the economy (e.g., that a stimulus plan will “inject money” or “create jobs”), those who know better need to keep up a steady drumbeat of common sense concerning the potential and track record of the state’s involvement in economic affairs. Continue Reading...

Capitalism without Bankruptcy

On the first half of today’s installment of The Diane Rehm Show, Jerry Taylor, a senior fellow at the Cato Institute got off a good line in the midst of a discussion concerning federal regulation of emission standards. Continue Reading...

Jesus and the Parables

By happy serendipity two books of related interest caught my attention today. The first is David Cowan’s Economic Parables: The Monetary Teachings of Jesus Christ (Paternoster, 2007). Michael Kruse recommends the book in a brief review. Continue Reading...

Worth a Reflective Chuckle (or Two)

Government is most surely a divinely-ordained reality, and a blessing that we must celebrate. But governments realize their task when they recognize their own divinely-ordained limits. Government exists as a form of common grace to preserve the world for Christ’s coming, when the government as an order of preservation will give way to a divine monarchy (“Every knee will bow.”). Continue Reading...