Posts tagged with: nro

Five years ago today, Pope Benedict XVI delivered a talk titled “Faith, Reason and the University” at the University of Regensburg in Germany. The lecture set off a firestorm of controversy concerning Christian-Muslim relations. On National Review Online, Acton Research Director Samuel Gregg reflects, noting that calling it “one of this century’s pivotal speeches is probably an understatement.”

Gregg says that the reaction to the pope’s speech “underscored most Western intellectuals’ sheer ineptness when writing about religion.” More seriously:

… Regensburg shattered the inconsequential niceties that had hitherto typified most Catholic-Muslim discussions. Instead of producing more happy-talk, Benedict indicated that such conversations could no longer avoid more substantial, more difficult questions: most notably, how Christianity and Islam understand God’s nature. Regensburg reminded us that it matters whether God is essentially Logos (Divine Reason) or Voluntas (Pure Will). The first understanding facilitates civilizational development, true freedom, and a complete understanding of reason. The second sows the seeds of decline, oppression, and unreason.

But perhaps above all, Regensburg asked the West to look itself in the mirror and consider whether some of its inner demons reflected the fact that it, like the Islamic world, was undergoing an inner crisis: one which was reducing Christian faith to subjective opinion, natural reason to the merely measurable, and love to sentimental humanitarianism. The West, Benedict suggested, was in the process of a closing of its own mind.

Read “Benedict at Regensburg: Why It Still Matters” on NRO.

Blog author: lglinzak
posted by on Tuesday, August 9, 2011

Standard and Poor’s decision to downgrade the United States’ credit rating has everyone talking. Discussion has ranged from we shouldn’t take Standard and Poor’s decision seriously at all to this could be the beginning of the end for the United States if it doesn’t make immediate changes. In a roundup published by National Review Online, Samuel Gregg weighs in on how the credit downgrade should be understood:

There are many reasons to be cynical about ratings agencies. These are, after all, the same outfits that assured us collateralized-debt-obligation markets were doing fine just before they started imploding in 2007–2008. Their slowness in warning about the fading creditworthiness of corrupt entities such as Enron and government-sponsored enterprises such as Fannie Mae and Freddie Mac is a matter of record.

That said, Standard & Poor’s decision to downgrade America’s creditworthiness shouldn’t surprise us. It simply states in a pseudo-official kind of way what everyone — citizens, investors, politicians, and maybe even Paul Krugman — already knows: The failure of Washington’s neo-Keynesian policies combined with the long-term projections for entitlement-spending have lowered confidence in the U.S.’s ability to meet its fiscal obligations.

While the downgrade shouldn’t surprise anyone, Gregg notes that action needs to be taken in order for the United States to recover its credit rating. Such a change does not just consist of national fiscal policy or a balanced budget, but it also includes a transformation in attitude: Americans will need to adjust the expectations they have for their government.

Click here to read the article and those of other contributors to “Down on the Downgrade?” on NRO.

Rev. Sirico was interviewed by Kathryn Jean Lopez of National Review Online on the national debt of the United States, the debt ceiling, and the moral issues of the budget debate. Their discussion spanned from how a prudent, discerning legislator should look at the debt-ceiling debate to the mind set needed when considering spending cuts:

LOPEZ: So many spending cuts can be spun, some perhaps legitimately so, as mean (and liberal policymakers and activists — many with the best of intentions — are all too happy to spin them). How should we be thinking of such things? Does it require a change in thinking?

SIRICO: The question should be right-or-wrong, prudent-or-imprudent, not mean-or-nice. Religious leaders bring their principles into the political debate, but the application of those principles is a prudential question, not an emotional one. It’s also an opportunity for us to reflect upon what governments really need to do, and what is more appropriately done by non-state entities — and I’m not talking about the ones (such as many religiously associated charities and relief agencies) that receive the bulk of their funding from various federal-government contracts.

Yes, a change of thinking is required. If cuts are to be made, then Americans cannot operate under the mentality that “it is acceptable to cut government programs as long as it isn’t government programs that I benefit from.” The core problem is that few are eager to take the pain now. If we don’t, the pain will be much more unbearable down the road. Consider how we got into this situation in the first place.

In the end, reining in spending will protect programs that aid those truly in need, and provide the space for non-state and non-government-funded agencies to undertake much-needed work — that is, to secure the entire infrastructure that makes prosperity possible. That not only creates the grounds for economic flourishing, but preserves human dignity.

Click here to read the full interview.

In a recent article in World magazine, Acton senior fellow Marvin Olasky urged evangelical minister Jim Wallis to drop the pretense of being post-partisan. Olasky, World magazine’s editor-in-chief, went on to assert that (1) Wallis’s organization, Sojourners, received money from the foundation of secular-leftist George Soros, and that (2) Wallis had lent the Sojourners mailing list to the Obama campaign.

In an interview here, Wallis appears to deny these charges. But now former Acton research fellow Jay Richards has followed up with some additional findings in a new piece at NRO. The findings strongly support Olasky’s claims, and make it all the more unclear why Wallis would respond to them by denying them and calling Olasky a professional liar.

Richards has been keeping tabs on Wallis for a while now. In an October 2005 review of God’s Politics, Richards shows how Wallis sits squarely on the left and has even capitulated to the secular left on key social issues. The book review also examines Wallis’s questionable biblical exegesis as well as some of the economic fallacies that drive much of Wallis’s political thinking.

Wallis may mean well, but the big-government policies he advocates have been a wrecking ball to the very communities he seeks to help. An Acton/Coldwater video short examines why the left’s approach to poverty alleviation has done so much harm. It’s called How not to Help the Poor.

Blog author: jwitt
posted by on Tuesday, August 4, 2009

“We talk about what caused the financial crisis, whether ‘greed is good,’ and if ‘it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.’ It’s John J. Miller describing his podcast interview with Jay Richards here at NRO. They discuss Jay’s excellent new book, Money, Greed and God: Why Capitalism is the Solution and not the Problem.

Blog author: jcouretas
posted by on Thursday, September 18, 2008

Frank J. Hanna III, Georgia CEO of Hanna Capital and cofounder of the Solidarity Foundation, is author of the new book What Your Money Means (and How to Use It Well). Hanna, a board member of the Acton Institute, talked to National Review Online editor Kathryn Lopez in a Q&A titled “Virtue and Volatility” about earning money, using it well, the market meltdown, and more.

Excerpt:

Lopez: What do love, virtue, and religious faith have to do with money?

Hanna: Money is merely an instrumentality — a tool. It is a tool designed to serve greater ends, like love, virtue, and our faith. However, if we are not thoughtful and deliberate in the way we treat our money, it can work against those ends, rather than for them.

Lopez: Is it fair to say that “non-essential wealth threatens those we love”? Can’t those we love appreciate some luxuries too?

Hanna: Non-essential wealth is a threat — to all of us. A threat is not synonymous with evil, but it is the potential for something evil. When we have non-essential wealth, there is the chance that we spend it unwisely, in ways that can hurt others or ourselves. This possibility does not, however, rule out enjoying life’s legitimate pleasures.

Lopez: Do you feel guilty about being wealthy? Is that a bad thing?

Hanna: Being wealthy is a gift, just like other gifts, and one should no more feel guilty about it than one would feel guilty about being pretty, or playing an instrument well, or being a great athlete. It is how we treat the gift we have received that determines whether we should have guilt.

Lopez: “Money is good” but not greed? A little revision on Michael Douglas?

Hanna: Greed is an unhealthy attachment to money, and is always bad. It is very similar to an unhealthy attachment to food, which we know as the sin of gluttony, or the unhealthy attachment to one’s appearance, which we know as the sin of vanity. Food is good, good grooming is good, and money is good; the unhealthy attachment to any of these things is not good.