Acton Institute Powerblog Archives

Post Tagged 'Defending the Free Market'

Audio: Sirico on The Pope and Economics; Gregg on Minimum Wage

A couple of interviews to bring you up to speed on from that last couple of days: First of all, here’s Acton Director of Research Samuel Gregg on the GRN Alive morning show on the Guadalupe Radio Network this morning to discuss current efforts to raise the federal minimum wage, giving his analysis on the likely impact of such a move on the economy and the job market. Continue Reading...

What Most People Get Wrong About Economics

Repurposed library card catalog I am not an economist. Truth be told, I only took one class in economics as an undergrad. However, I’ve learned a lot in the past few years, and one of the things I’ve learned is that most people don’t understand economics. Continue Reading...

Audio: Sirico Joins Arthur C. Brooks on the Hugh Hewitt Show

Acton’s busy week of media appearances continued last night with Acton President Rev. Robert A. Sirico joining guest host Arthur C. Brooks – president of the American Enterprise Institute – on The Hugh Hewitt Show to discuss Pope Francis, Evangelii Gaudium, and the compatibility of Catholic social teaching with free market capitalism. Continue Reading...

Pat Robertson, Poverty, and Possibilities

Television evangelist Pat Robertson is certainly known for saying provocative things, and he’s done it again. When Robertson’s co-host, Wendy Griffith, said not all families could afford to have multiple children, Robertson replied, ‘That’s the big problem, especially in Appalachia. Continue Reading...

North Korean Death Camp Survivor: ‘Don’t Forget Us’

“Vanish the Night,” a new single by UK band, Ooberfuse begins with Shin Dong-hyuk, the survivor of a North Korean death camp, saying, “Don’t forget us.” The band released the song to coincide with North Korea Freedom Week (April 28-May 4)  and to draw attention to the atrocities happening in North Korea. Continue Reading...

Civil Society and Social Eco-System: Seeking Solutions Beyond Market and State

Over at Fieldnotes Magazine, Matthew Kaemingk offers a good reminder that in our social solutions-seeking we needn’t be limited to thinking only in terms of market and state. By boxing ourselves in as such, Kaemingk argues, Christians risk an overly simplistic, non-Biblical view of human needs and human destiny: When presented with almost any social problem (education, health care, poverty, family life, and so on), today’s leaders typically point to one of two possible solutions—a freer market or a stronger state. Continue Reading...

Economics is Too Important to be Left to Economists

I rather like Serene Jones’ piece in Huffington Post, “Economists and Innkeepers.” Jones got some things right. She knows that Christian Scripture teaches many economic lessons, like subsidiarity and stewardship (although she doesn’t use those terms.) She says, “Economic theory is replete with theological and moral assumptions about human nature and society” and that is correct. Continue Reading...

Video: Sirico on Ayn Rand’s ‘false gospel’

Acton President Rev. Robert A. Sirico appeared in a a video interview released yesterday by Catholic News Service, following a press conference in Rome last week held to introduce his new book “Defending the Free Market: The Moral Case for the Free Economy” to the local media. Continue Reading...