Archived Posts 2009 » Page 44 of 45 | Acton PowerBlog

The latest issue of the Journal of Markets & Morality is now available online for current subscribers. This issue features the timely and challenging article, “Subprime Lending and Social Justice: A Biblical Perspective,” by William C. Wood, professor of economics at James Madison University and director of JMU’s Center for Economic Education. Prof. Wood notes that within the context of Christ’s call to love our enemies as well as our neighbors, “Christians cannot be complacent about credit markets even if they appear to be economically efficient as voluntary transactions.”

Read more on Journal of Markets and Morality Volume 11, Number 2…

Brittany Hunter
posted by on Wednesday, January 14, 2009

In this weeks’ Acton Commentary, Acton Adjunct Scholar William R. Luckey adopts Hayek’s use of the Greek terms “cosmos” and “taxis” to explain why economic life is not something that can be controlled with ever more laws, regulations and quick fixes. “Society and the market conform to the cosmos rather than the taxis,” he writes. “Both are self-generating, a function of billions of interactions between thinking human beings all over the globe.”

Read more on Acton Commentary: Cosmos and Taxis…

Eric Schansberg
posted by on Wednesday, January 14, 2009

A friend persisted in asking me to read The Shack. Although it has been a “#1 New York Times Bestseller”, it came on the radar when I was in a busy season, so I’m not sure I would have read it or even noticed it– without his encouragement.

Read more on The Shack…

I’ve been meaning to do an in-depth post examining the various troubles facing the recycling industry. One day I’ll get to it. For now, though, I’ll settle for the rather snarky observation that some newspapers are finally worth the paper they’re printed on.

Read more on Newspapers Worth the Paper They’re Printed On…

Unemployment hit 7.2% in December, the highest since January 1993– as the economy was recovering from the pseudo-recession of 1991-1992.

In November 1982, the unemployment rate was 10.8%.

Since the “natural rate of unemployment”– the part of unemployment you can’t get rid of (at least without severe long-term consequences)– is generally thought to be 4.0-4.5%.

Read more on National unemployment nearly HALF as bad as 1982…

Eric Schansberg
posted by on Monday, January 12, 2009

After finals, I cranked through some books! Among those, one of G.K. Chesterton’s fictional works, The Flying Inn.

Chesterton was a prolific author. He’s well-known in some circles for his fictional work, particularly his “Father Brown” mystery series. (I haven’t tried those yet.) In this realm, I had read (and enjoyed) the classic The Man Who Was Thursday.

Read more on G.K. Chesterton: The Flying Inn…

Hunter Baker
posted by on Friday, January 9, 2009

Part of the reason Richard John Neuhaus will be remembered is for his impact on Christians in higher education. There is no question that his seminal book The Naked Public Square and then his journal First Things changed the way many of us think about religion and culture. He also did something I think is nearly impossible with FT. He created a serious journal that causes many people (a great many of them professors) to do a little dance when they find it in their mailbox.

Read more on Neuhaus and the Academy…

Hunter Baker
posted by on Friday, January 9, 2009

Richard John Neuhaus is dead. We’ve lost some big ones in the last year. Many of you will not realize how big this one was. I pray Jody Bottum and some of the others in the First Things (Neuhaus’ hugely influential journal) world can carry on his legacy. Though Neuhaus’ death leaves a chasm to be filled, I think Dr. Bottum is the right man for it.

Read more on Summing Up a Great Man’s Life…

John Couretas
posted by on Thursday, January 8, 2009

For those concerned with a vigorous intellectual engagement of the religious idea with the secular culture, these past 12 months have been a difficult period.

On February 28, 2008, William F. Buckley, Jr. the intellectual godfather of the conservative movement in America, died. Only last month, Avery Cardinal Dulles, SJ, passed away at 90 years old. Cardinal Dulles was one of the Catholic Church’s most prominent theologians, a thinker of great subtlety, and a descendent from a veritable American Brahmin dynasty.

Father Richard John Neuhaus

The third in this towering intellectual triumvirate is Father Richard John Neuhaus, who died in New York after an on and off again battle with cancer, about which he had written in his now mini-classic, As I Lay Dying: Meditations Upon Returning.

This book is unlike any written in our time in that it is a profoundly serious reflection on questions everyone has, issues everyone thinks about in private, but hardly anyone is willing to speak about or perhaps capable of writing about. Fr. Neuhaus confronts it to the point in which we feel discomfort – and he did this on nearly every issue he wrote about in his long writing career.

How will we be held accountable at death for what we did in life? What does mortality mean? What does it mean to face judgment? How should we live with the questions we have about eternity, and what is the impact on culture and responsibility?

In times past we had a greater clarity about these questions than we do today. Today, if we think about death at all, it is only to keep it as far away as possible, to forestall it, to deny it, and pretend that it doesn’t happen to others and will not happen to us.

Fr. Neuhaus wrote the following:

We are born to die. Not that death is the purpose of our being born, but we are born toward death, and in each of our lives the work of dying is already underway. The work of dying well is, in largest part, the work of living well. Most of us are at ease in discussing what makes for a good life, but we typically become tongue-tied and nervous when the discussion turns to a good death. As children of a culture radically, even religiously, devoted to youth and health, many find it incomprehensible, indeed offensive, that the word ‘good’ should in any way be associated with death. Death, it is thought, is an unmitigated evil, the very antithesis of all that is good. Death is to be warded off by exercise, by healthy habits, by medical advances. What cannot be halted can be delayed, and what cannot forever be delayed can be denied. But all our progress and all our protest notwithstanding, the mortality rate holds steady at 100 percent.

Fascinating, provocative, fearless, counter-cultural, and absolutely impossible to ignore. It puts matters of faith at the center, making them impossible to deny. That is the power of Fr. Neuhaus’s mind at work, and it worked for many decades producing an incredible literary legacy. Read more on Remembering Father Richard John Neuhaus…

Cardinal Cormac Murphy-O’Connor, the Roman Catholic Archbishop of Westminster and President of the Bishops’ Conference of England and Wales, has touched off a row over remarks he made recently concerning the demise of capitalism.

Read more on Cardinal Cormac Murphy O’Connor and the ‘Death’ of Capitalism…

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