The Economics of Liberation Theology

None of the prominent liberation theologians influential in Latin America had significant training in or exposure to the discipline of economics, says Carroll Ríos de Rodríguez in this week’s Acton Commentary. Continue Reading...

Student Debt and the Value of an Education

“Despite the mounting cost and swelling debt,” notes Laura Prejean in this week’s Acton Commentary, “America’s demand for education, particularly higher education, has not decreased, defying typical market expectations.” This is what economists call inelastic demand, when people continue to buy a good or service regardless of an increase in prices. Continue Reading...

World War I and the Break with History

Much of the art before World War I can be seen as moral in nature, says Bruce Edward Walker in this week’s Acton Commentary, while post-Armistice art commonly celebrates materialism if not outright hedonism: After the Great War, however, the genie was out of the bottle, leading to works meant only to shock, dismay or anger would-be censors and art consumers in general. Continue Reading...

Issues of Justice

What would it take to make a society fully just rather than merely settling for moving society toward justice? In this week’s Acton Commentary, John Addison Teevan considers that question and how we can respond to social justice demands in biblical terms. Continue Reading...

Sixpence Economics

Sixpence economics, like the economic teachings of Jesus’ parables, shows us the stewardship responsibility that God has given to human beings, says Jordan Ballor in this week’s Acton Commentary. At the conclusion of the first of his two chapters exploring the theological virtue of faith in Mere Christianity, C.S. Continue Reading...

Big Government at the Bilderberg Summit

In this week’s Acton Commentary, Jonathan Witt asks “Why do entrepreneurs who don’t want government intimately involved in the economy want to hob nob?” Think about it. Why do even some entrepreneurs who do not want government intimately involved in the economy feel compelled to hob nob with all of those European and American politicians at this year’s Bilderberg summit? Continue Reading...

On Wages, McDonald’s Gets It Right

Not earning enough? Take responsibility for your life, says Anthony Bradley in the second of this week’s Acton Commentary. In today’s culture of entitlement people believe that they deserve certain rewards simply because they exist — not because of hard work, perseverance and wise choices. Continue Reading...

Giving the Just Wage Its Due

Focusing on the universal to the neglect of the particular is a collectivist error, says Dylan Pahman in the first of this week’s Acton Commentary. Justice, classically defined, is to render to each what is due. Continue Reading...