A friend sent me a link to a Reuters story on Pope Benedict XVI’s New Year’s homily. The article carried this headline: “Pope hopes for 2013 of peace, slams unbridled capitalism.”

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All good people are concerned about the plight of the poor, and there are a multitude of ways to address this. The umbrella of “social justice” seems to get bigger every year, with Millenium Development Goals, the ONE campaign, and a host of other foreign aid projects that seek to remove the scourge of abject poverty. However, many of these projects overlook one fact: foreign aid doesn’t work.

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Rev. Robert Sirico, author of “Defending the Free Market: The Moral Case for a Free Economy,” appears at a Rome press conference for his book.

The Catholic News Agency recently interviewed Acton’s president Rev. Robert Sirico during a press conference held last week in Rome for Vatican journalists. The local media were introduced to his new book, “Defending the Free Market: the Moral Case for a Free Economy.”

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Ann Schneible, who interviewed Rev. Robert A. Sirico for Vatican Radio today (see PowerBlog post for audio) also published an interview with the Acton Institute president and co-founder on the Catholic news site, Zenit. Excerpt:

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On Vatican Radio, Acton President and co-founder Rev. Robert A. Sirico discusses his new book Defending the Free Market: The Moral Case for the Free Market Economy with reporter Ann Schneible.

Read more on Audio: Rev. Sirico on the ‘moral dimension of economic activity’…

Brett M. Decker, editorial page editor of The Washington Times, recently interviewed Rev. Robert Sirico, president and co-founder of The Acton Institute, in response to Rev. Sirico’s latest book, Defending the Free Market: The Moral Case for a Free Economy. In his answers, Rev. Sirico addresses the market’s moral potential as well as the present state of the nation. Excerpt:

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Last week, CBS Radio Philadelphia host Dom Giordano took to the airwaves to address President Obama’s “You didn’t get there on your own” speech. The speech, which garnered plenty of discussion at Acton and elsewhere, drew varied responses from Giordano’s radio audience. Among those responses were several callers who recommended Rev. Sirico’s latest book, Defending the Free Market: The Moral Case for a Free Economy, as a useful corrective to the President’s speech. This prompted Giordano to read the book and invite Sirico, who was in Hong Kong at the time, on his show. What followed was a fruitful discussion on entrepreneurship, capitalism, and free enterprise. Excerpted below is the answer Sirico gave to the question “Why is the free enterprise system moral?”:

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American Enterprise Institute president and 2012 Acton University plenary speaker Arthur Brooks has a recent column in The Washington Post that lists five myths about free enterprise. Brooks’ five myths address some of free enterprise’s most common critiques and do so by giving free enterprise a moral aspect. The five points are especially relevant this election season, he says, because the two candidates represent such different fiscal perspectives.  Here’s a look a myth #2:

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Kevin DeYoung, senior pastor at University Reformed Church in East Lansing, Michigan and regular blogger at The Gospel Coalition, featured Rev. Robert Sirico’s latest book, Defending the Free Market: The Moral Case for a Free Economy, on his blog. DeYoung praises Defending the Free Market for making a serious moral case for a free market system:

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Rev. Robert Sirico, Acton Institute president and co-founder, released Defending the Free Market: The Moral Case for a Free Economy, in late May and the book has been no stranger to critical acclaim ever since. The latest? Defending the Free Market cracks WORLD Magazine’s top five business books of the past year. Sirico’s book is critically necessary for 2012 says David Bahnsen, senior vice president at a leading financial firm:

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