Luckey Joins Acton PowerBlog

Thursday, August 7, 2008
Dr. Luckey
We welcome Acton adjunct scholar Dr. William R. Luckey, Professor of Political Science and Economics at Christendom College, to the PowerBlog. Dr. Luckey has expertise in Political Philosophy, Business and Economics, and Theology, and posts from his excellent Catholic Truths on Economics will be shared here. His tagline explains why he is a perfect fit for the PowerBlog: Guidance on Economics, its importance for Catholics, its importance to civilizations, and what are its objective truths. It might sound boring...but boy, we are all affected by it.

This is from his latest post, Are there economic laws?
In the latest edition of an otherwise scholarly theological journal, a writer, who only ever writes about one subject, attacked the free market as usual. He wrote: “Neither can economics be satisfied with leaving human beings to the mercy of markets with their supposed ‘laws.’. . .” While there is certainly no space to take on his whole article, this part might just be the most serious error in it.

This particular writer, and those trained in his school, which he denies is the German Historical School, but it is, operate from a nominalistic approach. Nominalism, a school of thought begun in the Middle Ages by the Franciscan, William of Ockham, denies that there is any human nature. Therefore, human beings have no necessary consistency in them. In ethics, each person makes up his own code, and the codes can be very much at odds. To a nominalist, everything is will alone, not reason. This is why the writer in question asserts that people are at the “mercy of markets.” To those who think like this, everything is power. Even in moral theology, the reason one obeys the Ten Commandments is that it’s God’s will only, and there is no connection with those commandments and the nature of things. God could have commanded ten other things we were to avoid, and we would be required to obey them, because they are His will, even if they were the opposite of those actually listed. (I am sure many people would not have any trouble with the commandments were that the case) Thus, to those who think in this manner, markets are power, and that’s why there are no laws of economics. That’s why corporations are evil; because money gives them power, which they use to take advantage of others.

Read more. Dr. Luckey takes on questions such as Does John Courtney Murray’s Defense of Freedom Extend to Economics? An Austrian Perspective. He also weighs in on The Calumny Against “Speculators” and Catholics, Calumny and Oil Prices. Great stuff.

Welcome, Bill!
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Proportionalism Critique

Thursday, September 21, 2006
The debate has not been confined to Catholic circles, but it has been concentrated there. Many (most?) American Catholic moral theologians of the post-Vatican II era have been enamored with one form or another of “proportionalism,” a theory of morality that eschews the traditional Catholic focus on the “intrinsic” goodness or badness of human acts. (Bad acts must be avoided always.)

Proportionalism’s critics have accused its adherents of being simply consequentialists by another name. Consequentialism, which permits using evil means to achieve a good end, is more clearly antithetical to Catholic orthodox theology and, therefore, proportionalists were concerned to deny the connection.

Though criticism—including magisterial criticism—of proportionalism has not been wanting, it might be argued that sustained scholarly criticism from within Catholic academia has. But that seems to be changing as notable young theologians and moral philosophers take up the question anew. First, there was Christopher Kaczor’s Proportionalism and the Natural Law Tradition. Now, there is Patrick Andrew Tully’s Refined Consequentialism, in which the author examines closely the work of the best known American Catholic proportionalist, Richard McCormick, and concludes that it cannot escape the charge of consequentialism.
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