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.