Over at National Review Online, Acton Research Director Samuel Gregg recaps President Obama’s State of the Union address:

There is always something surreal about a Chicago politician talking about “fairness” and “playing by the rules.” There is something even more bizarre about a president talking about the need to expand energy production after his administration has generally undermined significant progress in facilitating energy development for three years in the middle of a recession. And who would describe Detroit as “on the way back”? A stroll down the ghost town otherwise known as downtown Detroit — which is teetering on the edge of being put into administration — would suggest the opposite. It’s not often that I agree with very much said by the New York Times’s Maureen Dowd, but this State of the Union speech illustrated that the lady was dead right in describing the Obama presidency as a bubble within a bubble.

Read more on Samuel Gregg: Obama SOTU full of ‘hot air, populism, contradictory promises’…

[Thanks to RealClearWorld, ThePulp.it, NewsBusters and PewSitter.com for linking to this commentary.] Over at the American Spectator, Acton Research Director Samuel Gregg points to Europe’s “perceptible inability” to acknowledge some of the deeper dynamics driving its financial crisis. And these are primarily a “slow-motion population implosion” complicated by the exodus of young European Union citizens and the return of hundreds of thousands of immigrants to their homes in developing nations. That is an ominous development for a region where the dependency rate — the ratio of retirees per member of the labor force — has ratcheted up as the welfare state has ballooned over several decades.

Read more on Samuel Gregg: Europe in Demographic Denial…

On National Review Online, Acton Research Director Samuel Gregg reacts to musings by conservative writers David Brooks and Michael Gerson about Rick Santorum’s political rise in the GOP primaries and how his social views might be expressed in government policy. Would a President Santorum usher in a smaller but more “transformational” role for the state in addressing social ills? Gregg:

Read more on Samuel Gregg: The Problem with Compassionate Conservatism…

Acton President Rev. Robert A. Sirico and Research Director Samuel Gregg were interviewed for a LifeSiteNews.com article about a decision by Catholic Charities of the Diocese of Tulsa to rely strictly on private donations for its work. Reporter Ben Johnson observed that the policy shift “stands in stark contrast to most of the benevolent institution’s other affiliates. Catholic Charities around the country received $1 billion from the government, approximately two-thirds of their funding.” Johnson:

Read more on Analysis: Catholic Charities of Tulsa Rejects Government Funding…

On the National Catholic Register, Kathryn Jean Lopez takes a look at the strong finish by Rick Santorum in the Iowa Caucuses. She writes that the candidate’s dead heat finish with Mitt Romney marks “the emergence of a different kind of Catholic candidate in American politics, one who refuses to give up the fight on social justice — substantively and rhetorically — in practice and linguistics.” Lopez interviews Acton Research Director Samuel Gregg, who observes that “where Santorum adds something distinctive to present economic debates is his willingness to envelop them in substantive moral arguments.”

Read more on Samuel Gregg: Santorum, Tocqueville, and the Economy…

A practical man?

On the American Spectator, Acton Research Director Samuel Gregg examines the baleful influence exerted on economic thought and public policy for decades by John Maynard Keynes. Gregg observes that “despite his iconoclastic reputation, Keynes was a quintessentially establishment man.” This was in contrast to free-market critics of Keynes such as Friedrich Hayek and Wilhelm Röpke who generally speaking “exerted influence primarily from the ‘outside’: not least through their writings capturing the imagination of decidedly non-establishment politicians such as Britain’s Margaret Thatcher and West Germany’s Ludwig Erhard.” Perhaps not so surprisingly, many of Keynes’ most prominent devotees are also “insider” types:

Read more on Samuel Gregg: The Madness of Lord Keynes…

Acton’s director of research Samuel Gregg is up at Public Discourse, with a piece titled “Monetary Possibilities for a Post-Euro Europe.” With his usual mix of sophisticated economic analysis and reference to deep principles, Gregg considers European countries’ options should the eurozone fail. If that happens, he says, “European governments will have a once-in-a-lifetime opportunity to rethink the type of monetary order they wish to embrace.”

Read more on Samuel Gregg: Freedom in a Post-Euro Europe…

German Chancellor Angela Merkel is congratulated in late September after the German parliament ratified key reforms of the eurozone's bailout fund

At National Review Online, Acton Research Director Samuel Gregg observes that “much of Europe’s political class seems willing to go to almost any lengths to save the euro — including, it seems, beyond the bounds permitted by EU treaty law and national constitutions.” Excerpt:

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Protesters outside parliament on May 5 in Athens, Greece.

On the blog of The American Spectator, Acton Research Director Samuel Gregg looks at how Europe refuses to address the root causes of its unending crisis:

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Director of Research Samuel Gregg’s thoughts on the debate are up at The Corner. He sees a parallel between the Italian crisis unfolding across the ocean and the problems facing the United States — particularly in Michigan, where this debate was held. The collapse of Italy would certainly be a dramatic illustration of the shortcomings of crony capitalism, and Gregg thinks a candidate could find a majority of voters who don’t want that to happen.

Read more on Samuel Gregg: Free Market Stars in Debate…