Month: May 2010

May 28, 2010

Re: Embracing the Tormentors

Time to set the record straight. Some of the comments on my original posting of Faith McDonnell’s article Embracing the Tormentors are representative of the sort of egregious moral relativism, spin doctoring, and outright falsification, that have for so long characterized the “social justice” programs of lefty ecumenical groups like the WCC and NCC. Continue Reading...
May 25, 2010

Acton in Krakow: Culture & the Transition to Wealth

Some members of the Acton team were in Krakow, Poland, last week for the third conference in our series on Poverty, Entrepreneurship and Integral Development. This conference, which took place on May 19th, was on the topic of Building a Commercial Society: Culture & the Transition to Wealth, and was co-sponsored with the John Paul II Catholic University of Lublin, the Civil Development Forum, and the Polish American Foundation for Economic Research and Education. Continue Reading...
May 25, 2010

Debt, Welfare and the Road to Serfdom

Simon Johnson and Peter Boone wrote an interesting article the UK Telegraph Saturday called “The New Feudal Overlords of Europe will be the bankers of the ECB.” Johnson is also the co-author along with James Kwak of a thoughtful and provocative book 13 Bankers as well as a blog on economics. Continue Reading...
May 25, 2010

Europe’s Monetary Sins

Over at Public Discourse, a new article by Acton’s research director Samuel Gregg examines the deeper reasons behind the problems of the euro. In “Europe’s Monetary Sins,” Gregg points out that many of the euro’s present difficulties reflect a basic refusal of Europe’s political class to acknowledge some of the unpleasant economic realities associated with the EU’s social model, as well as a tendency to say one thing while really doing another. Continue Reading...