Jayabalan on Austerity and the Italian Budget

Kishore Jayabalan, Director of Istituto Acton in Rome, was interviewed by Vatican Radio to discuss the Italian budget. Italy has a large budget crisis, and if it isn’t resolved, it may face serious financial problems similar to those experienced by Greece. Continue Reading...

Editorial: Intergenerational Ethics and Economics

My editorial, “Intergenerational Ethics and Economics,” appears in the latest issue of the Journal of Markets & Morality (more details about that issue here). In this short piece I explore some of the implications and intergenerational consequences of public debt. Continue Reading...

Praying for More Tax Revenue?

We’ve all heard of presidents, governors, and other civil leaders calling citizens to prayer in times of great need. In April, Texas governor Rick Perry called on his citizens to pray for rain because of an extreme drought. Continue Reading...

Debt and the Demands of Progress

The curious alignment of Good Friday and Earth Day last week sparked much reflection about the relationship between the natural world and religious faith, but the previous forty days also manifested a noteworthy confluence of worldly and otherworldly concerns. Continue Reading...

Acton Commentary: Debt and the Birth Dearth

In today’s Acton Commentary, “Debt and the Birth Dearth,” I examine the interrelationship between demographics, economics, and morality, especially within the context of America’s current public debt crisis. I conclude by pointing to the spiritual nature of our “debts”: Jesus taught Christians to pray, “Forgive us our debts.” If we do not renew and reform our culture along the lines suggested here, a renewal that must be led by Christians acting as agents of transformative grace, the debts for which we must pray forgiveness will be far weightier than those incurred by the federal government. Continue Reading...

Amity Shlaes on Thrift and Calvin Coolidge

Thrift almost seems like a lost virtue among much of our governing class. It is also true of the general population. We don’t have to just look at our staggering public debt, but consumer credit card debt tells the story too. Continue Reading...

A Discussion of ‘A Call for Intergenerational Justice’

Last night Gideon Strauss of the Center for Public Justice was generous enough to join us for a public discussion of the recently-released document, “A Call for Intergenerational Justice: A Christian Proposal for the American Debt Crisis.” This document has occasioned a good deal of reflection here at the PowerBlog, and Gideon took the time to engage this reflection, introducing the context of the Call and answering questions about it. Continue Reading...

Open Mic Night

Just a reminder that tonight, March 10, the Acton Institute is hosting an Open Mic Night where a discussion of opposing views on America’s Debt Crisis and A Call for Intergenerational Justice: A Christian Proposal on the American Debt Crisis will occur. Continue Reading...