Interview: Rev. Sirico on the Market Economy and the Moral Life
Acton Institute Powerblog

Interview: Rev. Sirico on the Market Economy and the Moral Life

Rev. Robert Sirico, author of “Defending the Free Market: The Moral Case for a Free Economy,” appears at a Rome press conference for his book.

The Catholic News Agency recently interviewed Acton’s president Rev. Robert Sirico during a press conference held last week in Rome for Vatican journalists. The local media were introduced to his new book, “Defending the Free Market: the Moral Case for a Free Economy.”

In the CNA article “Fixing economic crisis requires financial and moral truth, priest says,” Rev. Sirico states:

 

I wrote the book because I was concerned that there’s such a false set of assumptions of what a market economy is and that it’s completely disconnected from the moral life…We need to stop presuming that the government is the provider and find creative and innovative ways which can serve people and which will build a virtuous cycle instead of a vicious cycle.

Regarding the imminent challenges for economic growth and human flourishing in welfare-dependent European countries, like Italy, Rev. Sirico said: “It’s going to be difficult for young Italians to reach adulthood with their dignity intact for quite a while, because they presume that the State will provide for them, cradle to grave.”

To read the rest of the CNA article, go here.

Michael Severance

Michael Severance earned his B.A. in philosophy and humane letters from the University of San Francisco, where he also studied at the university's St. Ignatius Institute, a great books program. He then pursued his linguistic studies in Salamanca, Spain where he obtained his Advanced Diploma in Spanish from Spain's Ministry of Education before obtaining his M.A. in Philosophy and Modern Languages from the University of Oxford. While living in Italy, Michael has worked in various professional capacities in religious journalism, public relations, marketing, fundraising, as well as property redevelopment and management. As Istituto Acton's Operations Manager, Michael is responsible for helping to organize international conferences, increase private funding, as well as expand networking opportunities and relations among European businesses, media and religious communities, while managing the day-to-day operations of the Rome office.