Acton University faculty member Jeffrey Tucker has an insightful essay over at InsideCatholic.com, “Why Catholics Don’t Understand Economics.”
Throughout the piece, Mr. Tucker employs a distinction between scarce, economic goods, and non-scarce, infinitely distributable, spiritual goods:
Read more on Jeffrey Tucker: Why (Some) Catholics Don’t Understand Economics…
This week I’m attending Mises University, one of the largest and most rigorous summer courses in the Austrian School of economics (or “reality economics,” as my friend Michael McKay likes to call it).
Read more on A ‘Reality Economics’ View of Entrepreneurship…
NPR’s Morning Edition had a touching piece the other day that illustrated how great a blessing business can be, and just how terrible things can be when there’s no freedom to innovate, produce, and create wealth. Chana Joffe-Walt and Adam Davidson of Planet Money put together the narrative of George Sassine of Haiti and Fernando Capellan of the Dominican Republic, “Island Of Hispaniola Has Two Varied Economies.”
The current issue of Touchstone magazine features an impressive cover essay by Douglas Farrow, Professor of Christian Thought at McGill University in Montreal, Quebec. In “The Audacity of the State,” Farrow uses the biblical Ichabod motif to examine the crumbling pillars of the family and church, which when properly respected form critical foundations for a flourishing society.
The other day I was tracking down a quotation I heard repeated at a local gathering and came across an interesting book published in 1834. On the title page of the “Googled” Oaths; Their Origin, Nature and History someone had scribbled “full of information… a superior work.” The introductory paragraph reads:
Samuel Gregg, director of research at the Acton Institute, reflects on business ethics in his recent commentary. Gregg explores the presence of business ethics courses in business schools; however, with the large presence of business ethics courses we still have a lack of ethics present in business. The lack of ethics in business became a major factor in our current financial crisis. Gregg further explains that business is not just about management or the business ethics that are taught, but businessmen and women need to also learn stewardship:
Read more on Acton Commentary: The Problem with “Business Ethics”…
This morning, the New York Times reported that a broad bipartisan effort of senators convinced Democratic leadership to drop provisions in the Employee Free Choice Act (EFCA) that would have weakened the right of workers to hold secret ballot elections to determine whether or not they would unionize.
President Obama took time out over the weekend to respond to this week’s PBR question: “Let me assure you in the days ahead my administration intends to do to every industry in this country exactly what we are doing to the automakers.”
Sports are still able to foster human virtues, especially classical virtues like courage and fortitude. Like any good thing, sport all too often risks becoming an idol, not because of any fault within the institution itself so much as the fault lying within each human participant.
The third week of the CRC’s Sea to Sea bike tour has been completed. The third leg of the journey took the bikers from Boise to Salt Lake City, a total distance of 444 miles.
