Posts tagged with: economics

On October 21st, the Acton Institute celebrated its 25th Anniversary with a dinner at DeVos Place Convention Center in Grand Rapids, Michigan. The keynote address for the evening was delivered by Acton President and Co-Founder Rev. Robert A. Sirico, who reflected on how the world has changed in the quarter century since he and Kris Mauren founded the Institute, and on what challenges those of us committed to a free and virtuous society face as Acton embarks upon its next twenty-five years. We’re pleased to present the video of Rev. Sirico’s address below.

bernie-sanders-photo1In last Tuesday’s Democratic debate, Senator Bernie Sanders stayed true to his famed aversion to capitalism, proclaiming the fanciful virtues of “democratic socialism.” Yet when prodded by Anderson Cooper — who asked, “you don’t consider yourself a capitalist?” — Sanders responded not by attacking free markets, but by targeting a more popular target of discontent: Wall Street and the banks.

“Do I consider myself part of the casino capitalist process by which so few have so much and so many have so little, by which Wall Street’s greed and recklessness wrecked this economy?” Sanders asked. “No, I don’t.”

One could be forgiven for not understanding what Sanders means by “casino capitalism.” Is it crony capitalism, in which legislative favors are secured by the rich and powerful (which conservatives also disdain)? Is it bailouts for the big banks (which, again, conservatives also disdain)? Is it basic trade and exchange on a large, complex scale, and if so, at what size does it become problematic? Does he despise the stock exchange itself? Too loud with all its blinky lights and bells? (more…)

jerusalemReligious liberty and economic freedom in the heart of … Israel? In September, the foundational message of the Acton Institute was featured at “Judaism, Christianity, and the West: Building and Preserving the Institutions of Freedom,” a conference that brought together Jewish and Christian scholars in Jerusalem.

One featured speaker was Professor Daniel Mark, an Orthodox Jew and an assistant professor of political science at Villanova University, Pennsylvania’s oldest Catholic university. Mark is also a visiting fellow in the Department of Politics at Princeton University. His lecture argued that the Jewish community needs to restore and promote religious freedoms based on the centrality of Jewish obligations, or “commandments.” Mark stressed the difference between “obligations” and personal “rights.”

The Torah doesn’t have a word for “rights,” Mark tells Judaism instead thinks in terms of obligations.

“We can defend the idea of [religious] rights by defending the idea of obligations. The reason we have to respect people’s rights to religious freedoms is because we have to respect their rights to religious obligations,” he says.

Mark explains that hypothetically, “If the government were to make one’s religious practices illegal, they would in actuality be withholding your obligations, not your rights or preferences.”


creation of adam smallWhile the 2015 papal visit to the United States has wrapped up, the Acton Institute continues to add fresh content to our webpage dedicated to the pope, the environment, the global economy and other issues of note.

Currently, the page features a Fox News video with Acton co-founder Rev. Robert Sirico, discussing the pope’s first U.S. trip, and his speeches and remarks during that visit. In addition, the page highlights Acton expert news analysis, including recent remarks by Samuel Gregg, Acton’s director of research, in the National Catholic Register, and Rev. Sirico’s commentary during the papal visit to the World Meeting of Families in Philadelphia.

Further, the webpage includes an “Environmental Stewardship In-depth” section. This section currently contains more than three dozen scholarly resources, including material from Jewish, Catholic and Orthodox scholars and a section-by-section guide to the papal encyclical, Laudato Si’.

As we continue to cover these issues, this webpage will be updated; we hope it will be a rich resource of reasoned thought and informative material.


On this edition of Radio Free Acton, Acton Institute Director of Research Samuel Gregg and Director of International Outreach Todd Huizinga discuss the ongoing refugee crisis in Europe, the strain that the crisis is putting on the European Union, and what the likely long-term impact of the crisis will be. You can listen to the podcast via the audio player below.

Acton Institute President Rev. Robert A. Sirico had the privilege of attending the special joint session of Congress today as the guest of Michigan Representative Bill Huizenga; after Pope Francis’ address, he was asked for his take by Neil Cavuto on the Fox Business Channel; the video is available below. And of course, be sure to monitor our special page covering Laudeto Si’, the pope’s visit to the United States, and the news and perspectives surrounding his pontificate for all the latest developments.

Acton Institute President Rev. Robert A. Sirico joined host Laura Ingraham on The Laura Ingraham Show while stuck in Washington, D.C. traffic resulting from the arrival of Pope Francis in the city. They discussed the the optics of the Pope’s arrival at the White House, his comments there, and what to expect as the Pope addresses Congress tomorrow morning.

We’ve posted the audio of the interview below; our thanks to The Laura Ingraham Show for the kind permission to share this audio with you.