Rediscovering Political Economy is the title of a book recently published by Lexington Books, edited by Joseph Postell and Bradley C.S. Watson, and including an essay by Fr. Robert Sirico. The Spring 2012 issue the Journal of Markets & Morality will feature a review of the book by Tim Barnett, an associate professor of political science at Jacksonville State University. Since that’s too long to wait for Prof. Barnett’s astute observations, we post here an edited and abridged version of the full review.

Read more on Barnett on Sirico and Rediscovering Political Economy…

Writing two and a half years ago, Acton Research Fellow and Director of Media Michael Miller warned of the dangers of over-managed capitalism.Washington’s foolhardy manipulation of the housing market brought our economy to its knees in 2008, but it seemed the gut-wrenching panic hadn’t had taught us anything. The recovery tactics weren’t fundamentally any different from financial policy in the mid-2000s, but the establishment couldn’t conceive of doing things any differently. Said Miller:

Read more on Occupy Wall St. Embraces The Hollow Men…

Acton Institute is pleased to announce both the opening of registration for the 2012 Acton University (AU), and the launch of AU Online, a new internet-based educational resource for exploring the intellectual foundations of a free and virtuous society.

Read more on Acton University Registration Opens, Plus AU Online Launches…

Pope Benedict XVI delivered inspiring remarks at the European Year of Volunteering (EYV) summit held in Rome this past Nov. 10-11. He explained why gratuitous giving of personal talent and resources is so important in restoring a healthy vocational perspective to everyday business.

Read more on Benedict XVI: Giving of Talent and Resources in Crisis Economy…

Tomorrow is a big day at the Acton Institute. November 15th marks the launch of two programs, 2012 Acton University (AU) and AU Online, a new internet-based educational resource for exploring the intellectual foundations of a free and virtuous society.

Read more on November 15 Countdown: Acton University…

This week’s Acton Commentary, “Work, the Curse, and Common Grace,” I examine the doctrine of common grace in the context of our relationship with animals. In particular I use some insights from Abraham Kuyper as appear in the forthcoming translation of his work, Wisdom & Wonder: Common Grace in Science & Art. (Pre-orders for Wisdom & Wonder are shipping out this week, so you can still be among the first to receive a hardcopy. We’ll be launching the book at the Evangelical Theological Society meeting later this week in San Francisco, and you’ll be able to order the book online beginning next week.)

Read more on Abraham Kuyper, Adam, and Doctor Dolittle…

Last week the Acton Institute hosted its third annual Chicago Open Mic Night downtown at the University Club. Three panelists answered questions about — you guessed it — economics and a virtuous society from the audience.

Read more on Chicago Open Mic Night…

For our air superiority, which by the end of 1944 was to become air supremacy, full tribute must be paid to the United States Eighth Air Force. – Winston S. Churchill

Read more on Veterans Day: The Mighty Eighth over Europe…

The Secretary of State was not pleased.

I couldn’t believe my ears. But today I can.

Sandro Magister, one of Rome’s most veteran and credible vaticanistas, confirmed this afternoon what I had heard – and feared – nearly two weeks ago (See his Nov. 10 editorial “Too Much Confusion. Bertone Puts the Curia Under Lock and Key” ): The Pontifical Council’s controversial Note released two weeks ago “Towards Reforming the International Financial and Monetary Systems in the Context of Global Public Authority” really had not been independently reviewed by the Church’s highest authorities.

Read more on Confusion and Lockdown over Vatican’s Financial Note…

An Italian friend of mine recently complained to me while painfully witnessing the climax of the Italian debt crisis: “Cosi Berlusconi, cosi l’Italia!” (As with Berlusconi, so too with Italy!).

My friend’s comment was an allusion to the Italian Prime Minister’s personal responsibility in dragging the entire Italian nation down with him. News broke late on Wednesday that Berlusconi had agreed to step down from office, as he effectively admitted his 17 years of political power had done nothing more to fix a broken system and as more members of his loose PDL coalition defected to centrist parties.

Read more on Pointing Fingers: Berlusconi or Ourselves to Blame…