Acton Institute Powerblog Archives

Post Tagged 'centesimus annus'

Otto von Habsburg (1912-2011)

I cannot permit the death of His Imperial and Royal Highness Otto von Habsburg at age 98 on July 4th to pass unnoticed. To look into his face was to gaze into the map of the 20th Century, and to hear him recount his ideas, insights and encounters was worth more than an entire course in European history in most universities. Continue Reading...

Rev. Robert Sirico: Tea Party Must Define Ideas

A new Detroit News column by Acton Institute President and co-founder Rev. Robert A. Sirico: Tea party must define ideas By Father Robert Sirico If the recent analysis by the New York Times on the success of the tea party movement is correct, the influence of this movement favoring limited government and low levels of taxation may have a decided impact in the upcoming elections, particularly in holding the Republican leadership’s feet to the fire on a variety of related issues. Continue Reading...

‘Man is man’s greatest resource’

LifeSiteNews.com recently asked me to comment on statements made by Ettore Gotti Tedeschi, president of the Vatican bank, about the economic effects of demographic decline in Western industrialized countries. Tedeschi told the Zenit news service that the “true cause” of the financial crisis is the low birth rate in these countries. Continue Reading...

On Calvinism and Capitalism

I don’t much like the term Calvinism. I think it is historically unhelpful, and in general prefer to use something like Reformed theology or speak about the Reformed confessions, depending on the particular context. Continue Reading...

PBR: History Casts Doubt

In response to the question, “What is wrong with socialism?” I can hardly do better than Pope John Paul II, who wrote in Centesimus Annus, “the fundamental error of socialism is anthropological in nature,” because socialism maintains, “that the good of the individual can be realized without reference to his free choice.” The socialist experiment is attractive because its model is the family, a situation in which each gives according to his ability and receives according to his need—and it works. Continue Reading...

Saving the Free Market

The famous Austrian economist, Joseph Schumpeter, despaired for the future of the free market system. The reason for this despair was that the excess wealth of the system would create educated folks who would turn on the very system that created them. Continue Reading...