Acton Institute President and co-founder, Rev. Robert Sirico was recently interviewed on both Bloomberg TV as well as Fox & Friends’ Varney & Co. Sirico spoke with Trish Regan on Bloomberg’s “Street Smart” about financial reform in the Vatican:
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.
Pascal-Emmanuel Gobry knows this as well, and explains it far better than I could. In today’s Forbes, Gobry breaks down the understanding of economics into two broad camps: the “productivist” view and the “creativist.” First, the productivist:
Violently compressed, the productivist view of the economy holds that an economy works because it gives people stuff to do and stuff to buy. The reason why an economy which hums along hums along is because it produces enough stuff and people have enough money to buy that stuff so that people buy stuff and that gives jobs to the people who produce stuff, and in turn the stuff that is produced makes people want to buy them. To the productivists, the key thing is to keep the machine running and, hopefully, make it run faster, and more efficiently. But, fundamentally, what makes the economy run is this consumerist dynamic.
This, Gobry says, is the way most people – even economists – understand economics. It’s right in the short-term, but flawed. This viewpoint holds that economics is merely an endless cycle of buying and selling. As long as there is products are made, bought and sold, everything should be okay. (more…)
On Tuesday, April 29, the Acton Institute hosted the conference Faith, State, and the Economy: perspectives from East and West at the Pontifical Gregorian University in Rome. This conference was the first in a five-part international conference series – One and Indivisible? The Relationship Between Religious and Economic Freedom.
The one-night event, moderated by Acton’s Rev. Robert A. Sirico, featured four prominent speakers who offered deeper insight into the question of the relationship between religious freedom and economic liberty. The speakers represented a diversity of global perspectives on the relationship between religious and economic freedom.
Rev. Prof. Martin Rhonheimer of the Pontifical University of the Holy Cross, located in Rome, presented on Christianity and the Limits of State Power. Rhonheimer discussed the important and inherent link between limited government and a flourishing free market, the historical roots of the free market in Christian civilization, and the danger of Christians who fail to understand the link between Christianity and a free market economy.
Following Rhonheimer, Archbishop Maroun Elias Lahham of the Latin Patriarchate of Jerusalem for Jordan offered his perspectives on Christians and the Challenge of Freedom in the Middle East. Samuel Gregg, the Director of Research at the Acton Institute, followed with an engaging analysis on contemporary issues in his presentation Religious Liberty and Economic Freedom: Intellectual and Practical Paradoxes. Gregg revealed some of the ways that greater economic freedom may lead to greater religious liberty, using the Chinese situation as a case study.
On Saturday morning, Acton Institute President Rev. Robert A. Sirico joined host Larry Kudlow on the nationally syndicated Larry Kudlow Show for a wide-ranging Easter weekend discussion. Sirico and Kudlow talked about everything from the so-called “Gospel of Jesus’ Wife” to the collapse of poverty rates worldwide over the past few decades, and ended with a conversation about the upcoming canonizations of Pope John XXIII and Pope John Paul II, and a reflection on whether the march of secularism can be turned back in western society.
You can listen to the interview via the audio player below.
Acton Institute President and Cofounder Rev. Robert A. Sirico spoke with Neil Cavuto this afternoon on Fox News Channel, discussing recent polling data indicating that our culture’s skepticism toward political leaders has grown once again. You can check out the interview below.
Acton Institute President and Cofounder Rev. Robert A. Sirico joined host Josh Tolley on The Josh Tolley Show on the GCN Radio Network to discuss the recent meeting at the Vatican between Pope Francis and US President Barack Obama. Sirico speaks about the discrepancy between the White House and Vatican recaps of the meeting and how that reflects the different purposes that the leaders had for the meeting as well as their different approach to dealing with social problems.
You can listen to the interview using the audio player below.
Acton Institute President Rev. Robert A. Sirico joins host Dennis Miller on The Dennis Miller Show to discuss President Obama’s recent visit in Rome with Pope Francis, and the differences between the current president’s relationship with the Roman Pontiff and that of Reagan and Pope John Paul II. They also discuss the PovertyCure initiative, after which Dennis declares “Bobby Sirico” to be a “good cat,” which is high praise indeed coming from the former host of SNL’s Weekend Update. The audio is available via the player below.
In this short talk, Rev. Robert A. Sirico, co-founder and president of the Acton Institute, offers some general observations about this week’s meeting between President Obama and Pope Francis at the Vatican, and reflects on the differences in philosophy that make a Presidential/Papal alliance such as what occurred during the time of Ronald Reagan and Pope John Paul II unlikely.
Catholics@Work in Danville, Calif. is pleased to present Fr. Robert Sirico, the President of the Acton Institute, as their guest speaker at the March 11, 2014 breakfast forum. Rev. Sirico will be speaking about Pope Francis and his recent apostolic letter, Evangelii Gaudium, and the issue of poverty.
John Duncan, president of Catholics@Work, says,
After listening to and reading articles by Fr. Sirico on this subject it seems to me that there are two dimensions we must put in balance as we listen to and observe this dynamic new Pope. They are compassion and self-reliance. When properly balanced compassion does not mean providing endless handouts and self-reliance does not mean letting people flounder on their own when they need a little help.
Forbes contributor Jerry Bowyer recently interviewed Fr. Robert Sirico about PovertyCure and charity. Bower has split his interview into several parts and you can read the previous post here. In this section, their discussion focuses on “Bad Almsgiving:”
Jerry: “Charity can be selfish, can’t it?”
Fr. Sirico: “Yeah, it can be very self-indulgent.”
Jerry: “Let’s say ‘philanthropy’. I mean, genuine charity is a Christian virtue, but the philanthropy industry can be selfishly structured and selfishly supported.”
Fr. Sirico: “Well, what we look at in PovertyCure in one of the episodes is all of the different elements (especially in international grants and aid) — the NGOs that are involved in the process; we even look at the celebrities and how this comes up every few years where people are saying, “Help us, let’s do this food for Africa,” or the U.N.’s effort to tax all the nations 1% of their GDP, the Millennium Goals project. All of these different things that come up every few years that are part of this whole poverty industry, and how dangerous that is because it distorts all of the incentives and removes the centerpiece of the ladder for the poor to actually climb up out of poverty, because it removes the profit incentive for people to come and invest and train people in a workforce that’s ultimately productive.”
Jerry: “There’s a quote also in that section of PovertyCure, from Sir Bob Geldof: “We need to do something, even if it doesn’t work or help.”” (more…)