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Samuel Gregg: An Alternate Reality State of the Union Address

On National Review Online, Acton Research Director Samuel Gregg reflects on President Obama’s State of the Union address last night, and flags the “reality-denial” that is expressed by “a few token references to free enterprise and rewarding individual initiative (to reassure us we’re still living in America instead of just another declining European social democracy).” More: Judging from the president’s remarks, you’d never guess we just had a negative quarter of economic growth; or that the unemployment rate just ticked up again; or that millions of Americans have simply given up looking for work; or that Obamacare is (as predicted) already driving up the health-care costs that the president claimed are falling (just ask those businesses busy shifting thousands of employees into part-time positions in order to cap their exploding health-care costs); or that . Continue Reading...

Samuel Gregg on C-SPAN

Earlier this week at the Heritage Foundation, Acton Research Director Samuel Gregg argued that if our elected leaders don’t find the courage to reform the economy and government spending soon, the U.S. Continue Reading...

The Various Challenges of the Higher Education Bubble

The latest topic of The City podcast is the higher education bubble, featuring Cate MacDonald, Dr. John Mark Reynolds, and Dr. Holly Ordway. Reynolds makes the point that bubbles can arise when things are overvalued, but that it is important to determine whether that thing is relatively overvalued or absolutely overvalued. Continue Reading...

How Can the Church Encourage Vocational Stewardship?

One of the major focuses of On Call in Culture is to remind Christians that discipleship doesn’t end when Sunday service concludes. Yet in going about our daily work, we should also be careful that we don’t neglect the important role the church can fill when it comes to matters of vocational stewardship and daily cultural engagement. Continue Reading...

Pope Benedict: The Capitalist System is Virtuous

Reflecting on the pontificate of Pope Benedict XVI, Philip Booth, professor at Cass Business School in London, says the pope was clear on his economic ideas. As he said in Caritas in Veritate: “Economy and finance, as instruments, can be used badly when those at the helm are motivated by purely selfish ends. Continue Reading...