Forms of ‘Financial Oppression’

From Marketwatch today, “Morgan Stanley warns on sovereign defaults”: “Outright sovereign default in large advanced economies remains an extremely unlikely outcome,” they said. But bondholders could suffer losses from forms of “financial oppression,” such as repaying debt with devalued currency, the analysts warned. Continue Reading...

Technology to God’s Glory

David Murray is Professor of Old Testament and Practical Theology at Puritan Reformed Theological Seminary, and chairman of HeadHeartHand Media, announces the release of a new video product, God’s Technology, a product about “training our children to use technology to God’s glory.” I had the pleasure of meeting Dr. Continue Reading...

Paul Ramsey on the Church and the Magistrate

One of the inspirations for my little book, Ecumenical Babel: Confusing Economic Ideology and the Church’s Social Witness, was the incisive and insightful critique of the ecumenical movement from the Princeton theological ethicist Paul Ramsey. Continue Reading...

Youth: Problem or Solution for New Jobs?

The front page of a recent issue of the Vatican daily L’Osservatore Romano read like an Italian “Help Wanted” listing: “Lavori per Giovani Cercasi” (cf. Aug. 13 2010). Unfortunately, this eye-catching headline was not a classified ad targeting young professionals for job openings at the Holy See’s many curial and administrative offices – the prized “stable” positions that would have Roman youth queuing in lines much longer those to enter Sunday Mass at St. Continue Reading...

Raves for Ecumenical Babel

Two more thoughtful reviews of Jordan Ballor’s Ecumenical Babel: Confusing Economic Ideology and the Church’s Social Witness, now available on Kindle. First, from John Armstrong on his ACT 3 blog: In reducing its witness to advocacy for a particular set of policies, the ecumenical movement has abandoned the attempt to proclaim the Gospel, the true foundation of its spiritual authority. Continue Reading...

Francis Asbury: Born 265 Years ago Today

President Calvin Coolidge called Francis Asbury a “prophet in the wilderness.” He has also been called “the bishop on horseback” and “the prophet of the long road” for his prolific treks across the American frontier. Continue Reading...

Monks for Economic Liberty

We at Acton have been among the loudest critics of clergy and other religious leaders who undermine economic freedom (and therefore prosperity, including for the poor) by advocating more extensive government intervention in economic affairs. Continue Reading...

Dehumanization and Punishment

Two of the things I’ve paid some attention to, one more recently and the other as an ongoing area of interest, came together in an Instapundit update yesterday. Glenn Reynolds linked to a video of a NYC cop who “threatens a man taking cell phone video with arrest.” This picks up the attention given here and here to the question of law enforcement and ‘citizen photojournalism.’ But what really struck me about this story was the threat attributed to the (apparent) cop, who said, “Guys in jail are going to rape you.” This is beyond the pale in myriad ways. Continue Reading...

Deficits, Debt, and Self-Deception

This week’s Acton Commentary: Deficits, Debt, and Self-Deception By Samuel Gregg It passed almost unnoticed, but in late July the Obama Administration raised the Federal Government’s budget deficit forecast for fiscal year 2011 to $1.4 trillion. Continue Reading...