Posts tagged with: istituto acton

April 1 was no Fool’s Day in Verona, Italy.

Istituto Acton held a private viewing and debate on The Call of the Entrepreneur in the romantic city of Verona, better known for its romantic association with Romeo and Juliet than with one of Italy’s most enterprising commercial regions.

Arranged and sponsored by the investors group – Noi Soci – of Cattolica Assicurazione, a private insurance company founded 115 years at the turn of the 19th century, the documentary was shown on April 1 to a private audience of 220 of the company’s stakeholders, colleagues and business partners – who actually showed up early – a rarity of time management and courtesy not often experienced in the southern city of Rome, where Acton’s Italian office is located.

The company’s original mission, based on protecting the private landholdings of farmers against natural disaster, was the brainchild of 34 entrepreneurs who boasted more than 14 Catholic priests in its original investment group.

When I heard this story, I had to ask the president of Cattolica Immobilare (the real estate investment firm owned entirely by Cattolica Assicurazioni), Enrico Racasi, to repeat what he had just told us.

“Few people realize this, but among the insurance company’s original founders there were actually 14 priests who were very much concerned about the survival and welfare of local enterprise”, Racasi said.

“We still commence our executive meetings with prayer and often meet for Mass beforehand … We need priests to become entrepreneurs again. Wouldn’t that be wonderful if we were all working privately together for the common good? But times have really changed!”

Debate and commentary on the film included inspiring remarks from Verona’s mayor, Flavio Tosi, a “no excuses” conservative politician from the north. Tosi said that politicians should be much less concerned about “legislating a good society” in order to “let private individuals lead the way” to work hard and improve society themselves.

“Everyone should work with a spirit of calling and moral purpose … All we (politicians) can do is encourage free enterprise among our citizenry through adequate public policies and fiscal incentives.”

One of the entrepreneurs present on the speaker panel, Giuseppe Pasini, president of Federation of the Italian Steel Companies, Federacciai, said Jimmy Lai’s story as portrayed by the documentary was most inspiring.

Istituto Acton Director Kishore Jayabalan conducts interview for Italian television.


Pasini said today’s entrepreneurs need to dig down to find inspiration for their enterprise within their deep moral values and convictions. (more…)

The Rome Reports news service has put together some video and text based on Acton’s Dec. 2 conference in Rome, Italy, “Ethics, Aging, and the Coming Healthcare Challenge” Acton has also created a special web page where you can download the speeches and presentations from the event. Report follows:

December 12, 2010. With people living longer than ever before, this has created certain challenges for society, the Church, and medicine in general. Many questions of ethics have also arisen in this area, that brought academics, clergy-members, and leaders from the around the world to meet at the forum: “Ethics, Aging, and the Coming Healthcare Challenge.”

Their aim was to address the ethical and economic issues concerning healthcare for the elderly.

Prof. Philip Booth, Institute for Economic Affairs (UK):
“We have a population that´s aging with, relatively speaking, a fewer number of young people and a larger number of older people. With health care costs rising and this could well be an enormous, well it will be an enormous burden on young people and young tax payers unless we revise our system of health care funding.”

The Acton Institute works to find a common ground between the interests of business and the interests of the individual. This seminar mainly focused on the topics of pharmaceutical research, healthcare infrastructure, and welfare reform.

Rev. Robert A. Sirico, President Acton Institute:
“Today we have an expansive conference dealing with health care especially as it relates to the aging population, so we´re having discussions about demography, the decline of birth rate, and the increase in longevity and all the economic and moral concerns that are emerging from this.”

The challenge is how to guarantee a peaceful and secure retirement to all people, something the conference spoke about in length.

Bishop Jean Laffitte, Secretary, Pontifical Council for the Family:

“Today’s conference was to sensitize the public, politicians, and the people here on a situation that necessitates urgent measures. The demographic crisis is something that is very important and together is a human, moral and even spiritual problem.”

The attendees of the conference hope to promote discussion between political and business leaders regarding the ethics of providing effective healthcare. In an effort to fuse together good economics and smart policies toward healthcare.

anatomyentreperneur-1 Is moral enhancement of the entrepreneur possible? That’s the question Michael Severance, operations manager for Istituto Acton (the Acton Institute’s Rome office) recently posed to Dr. Adriana Gini, a neuroradiologist at San Camillo-Forlanini Medical Centre in Rome and an expert bioethicist at the Pontifical Athenaeum Regina Apostolorum. Dr. Gini recently led Istituto Acton’s monthly Campus Martius seminar “Moral Enhancement: Back to the Future” and offers some further insight on her topic. An audio recording of her seminar is available on the Istituto Acton home page.

Michael Severance: Dr. Gini, thank you for taking time to explain your views on the fascinating subject of moral enhancement. Most of us have heard of various forms of “physical” enhancement, as with genetic splicing for disease prevention, pre-selection of human embryos to produce “savior siblings” and mixing chemical cocktails to improve the physical endurance of our organs…In what way are the two types of enhancement – physical and moral – related, if at all? Or is this just a play on words?

Adriana Gini: The association between the word “moral” to the type of life we live, the decisions we make, our efforts and struggles to improve society and ourselves is perfectly natural. In fact, morality depends on our acts and our acts are the expression of what we are as human beings. Our behavior, as moral agents, is quite complex and, no doubt, involves our physicality. Nonetheless, a pure physical/neuronal explanation of morality -with no reference to a more comprehensive knowledge of the human person- is rather hazardous. As such, the term “moral enhancement” does not have an immediate, direct connection to some forms of genetic, pharmacological or biotechnological enhancement, unlike the ones targeted at cognitive enhancement.

MS: From an Acton perspective, it is interesting to know if there is some type of “competition” or “economic” factor driving neurological science in the direction of improving the human moral condition. What is at the bottom of all this? For example, is the real inspiration to improve human action found in creating a competitive edge in intelligence within the marketplace? Some might find it hard to believe that secular science is really interested in fostering moral excellence for its own sake in its laboratories. Much less so in its lab rats and guinea pigs!

AG: According to some authors, as with Julian Savulescu, director of the Oxford Centre for Practical Ethics and head of the Oxford Centre for Neuroethics, contemporary research aimed at enhancing human cognition will result in an economic improvement (cf. Chap. 1.4 of Enhancing Human Capacities edited by Dr. Savulescu). In other words, better people make for better jobs, and in the end, better, more productive societies – in an economic sense. However, Savulescu’s claim is that such enhancement might also lead to a greater world of evil action. For example, we can use drugs or other biotechnological means to improve our mental abilities, but sometimes also to our detriment: smarter terrorists mean fiercer terrorist attacks with the mental enhancement to fabricate more powerful, more intelligent weapons of mass destruction. Therefore, in Savulescu’s opinion, any means to morally enhance the human species in terms of cognitive enhancement should only progress alongside research on moral enhancement. No one really knows, however, how to improve the human species morally by biotechnological means alone, since morality is not purely “biological”…, although there are certainly biological correlations to human moral behavior. (more…)

The Catholic News Service has published a report on “Philanthropy and Human Rights: Creating Space for Caritas in Civil Society,” a conference held Dec. 3 in Rome by the Acton Institute.

ROME (CNS) — Even at a time of global financial crisis, human beings need to give charity in order to be happy, said several speakers at a Rome conference on philanthropy and human rights.

Expecting a government to provide all social services and assistance robs those who are economically stable of the opportunity to help others and risks being inefficient, cold and even immoral, said the speakers at the Dec. 3 conference sponsored by the Michigan-based Acton Institute and the U.S. Embassy to the Holy See.

Father Robert A. Sirico, co-founder of the Acton Institute, said, “The market economy is not only the most efficient system to produce and distribute goods and services; it is also the system most respectful of our God-given creative freedom and which allows us to meet the basic needs of our brothers and sisters.”

Father Sirico was the only speaker at the conference — which included Catholic thinkers who have long praised the potential of the free-market economy — to speak directly about the current crisis.

Read the full story on the CNS site.

International aid groups have criticized the EU and many of its member states for falling behind their promises to step up foreign aid to 0.5 per cent of GDP by 2010 and 0.7 per cent by 2015.

On the one hand, these groups are right to expose the accounting tricks governments use in order to promote themselves as saviors of Africa. On the other hand, the aid groups should consider very carefully whether their focus on state aid is really the key towards future development in poor countries.

The problem that they indicate is that the EU and its members classify some expenses as aid although these are only indirectly related to development. This includes debt restructuring and payments to cover housing of refugee claimants in Europe.

The aid groups say that in 2007, EU nations spent around €8 billion in such non-aid items. They conclude that “on current trends, the EU will have given €75 billion less between 2005 and 2010 than was promised.”

This kind of creative accounting should not be very surprising since politicians like to claim that they are helping the poorest countries in the world but also know that it is more difficult to tell taxpayers that they have to foot the bill. In such circumstances the most convenient thing to do is to artificially inflate the aid budget with non-aid expenses.

The question remains: Is state-to-state aid the most effective way to promote development? Prof. Philip Booth explained at a recent conference organized by the Acton Institute in Rome that government aid has failed on countless occasions and has even entrenched underdevelopment on some occasions.

Booth made clear that “at the empirical level, there appears to be a negative relationship between aid and growth. This does not imply cause and effect of course, but it should make us pause for thought. After the late 1970s, aid to Africa grew rapidly yet GDP growth collapsed and was close to zero or negative for over a decade from 1984. GDP growth in Africa did not start to pick up again until aid fell in the early-to-mid 1990s. In East Asia, South Asia and the Pacific, one also finds that, as aid reduced, national income increased rapidly.”

It is important to note that Booth criticized government-to-government aid and not charity in general. Whereas transfers between governments have often resulted in rent-seeking and the strengthening of dubious regimes, private initiatives do not suffer from the same problems: “None of the points I have made relate to the exercise of charity. It is important to point out that we should not wait for a just ordering of the world or good governance in recipient countries before supporting charitable relief.”

Aid groups such as Oxfam and Christian Aid would do well to turn their focus away from pressuring governments to spend more on aid and instead strengthen their efforts to encourage private initiatives.