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What Pope Francis Misses About the Morality of Capitalism

“Defending capitalism on practical grounds is easy,” writes economist Donald Boudreaux at the Mercatus Center. “It is history’s greatest force for raising the living standards of the masses.” What’s more difficult, it seems, is understanding its moral logic, spiritual implications, and which of each is or isn’t inherent to private ownership and economic exchange. Continue Reading...

Video: Donald Devine On America’s Way Back

The Fall 2015 Acton Lecture Series kicked off on September 17 with an address from Donald Devine, Senior Scholar at the Fund for American Studies, and formerly – and most famously – Ronald Reagan’s Director of the Office of Personnel Management, where he earned the nickname “Reagan’s Terrible Swift Sword of the Bureaucracy” from the Washington Post. Continue Reading...

Have Cookies Convinced the Pope About Capitalism?

Based on their latest headline, it looks like someone from the Acton Institute is writing for the The Onion: Pope Francis Reverses Position On Capitalism After Seeing Wide Variety Of American Oreos As the article says: Admitting the startling discovery had compelled him to reexamine his long-held beliefs, His Holiness Pope Francis announced Tuesday that he had reversed his critical stance toward capitalism after seeing the immense variety of Oreos available in the United States. Continue Reading...

Lester DeKoster’s 3 Dimensions of Work  

Lester DeKoster’s short book, Work: The Meaning of Your Life, sets forth a profound thesis and solid theological framework for how we think about work. Although the faith and work movement has delivered a host of books and resources on the topic, DeKoster’s book stands out for its bite and balance. Continue Reading...

Audio: Peter Johnson On The Importance Of Pope Francis’ Visit

Acton Institute External Relations Officer Peter Johnson wrote recently at The Federalist that “If Francis can imagine a way to affirm my generation’s devotion to the marginalized while delivering a stern warning against the sort of degenerate sentimentality and paternalism that advocating for the poor can engender, then I think Francis could have an astounding impact here.” Continue Reading...