‘Man is man’s greatest resource’

LifeSiteNews.com recently asked me to comment on statements made by Ettore Gotti Tedeschi, president of the Vatican bank, about the economic effects of demographic decline in Western industrialized countries. Tedeschi told the Zenit news service that the “true cause” of the financial crisis is the low birth rate in these countries. Continue Reading...

Tiger Woods, Morality, and the Market

Via Victor Claar (follow him on Twitter here), an op-ed in The Oracle (Henderson State University’s student paper) by Caleb Taylor, “Tiger Woods and Capitalism.” A taste: “Contrary to what Michael Moore thinks, capitalism promotes moral and ethical behavior. Continue Reading...

Conferencia: Instituciones, Ética y Finanzas

El alivio de la pobreza y el desarrollo económico dependen en gran medida de la creación de riqueza que proviene de la iniciativa empresarial y de negocios. Pero ni el comercio ni la libertad empresarial podrán florecer en un ambiente donde la estabilidad monetaria está ausente, el sistema bancario es débil, los derechos de propiedad carecen de protección, y el marco legal es arbitrariamente quebrantado. Continue Reading...

Faith through failing works?

The Civil Society Trust reviews Jay Richards’ book “Money, Greed and God” (buy it here) and reflects on government compassion. We can read in Genesis that man was created by God, in His own image. Continue Reading...

Pope Benedict: Justice is not enough

Last Saturday Pope Benedict XVI addressed a group called Italian National Civil Protection, made up largely of volunteers. This is the organization that provided much of the crowd control at two of Rome’s largest public events, the World Youth Day in 2000, and the funeral of Pope John Paul II in 2005. Continue Reading...

Review: In the Land of Believers

In what is another book that points to America’s cultural divide, Gina Welch decides to go undercover at the late Jerry Falwell’s Thomas Road Baptist Church in Lynchburg, Virginia. An atheist, Yale and University of Virginia liberal graduate from Berkeley, California, Welch declares her undercover ruse was needed to better understand evangelicals. Continue Reading...

An analogy for good government

Riffing off of Lord Acton’s quote on liberty and good government, I came up with an analogy that was well-received at last month’s inaugural Acton on Tap. In his essay, “The History of Freedom in Antiquity,” Acton said the following: Now Liberty and good government do not exclude each other; and there are excellent reasons why they should go together; but they do not necessarily go together. Continue Reading...

QOTD: Why economics matters

The control of wealth is the control over human life. So if a centrally planned economy decides how wealth is to be created and how it is to be distributed, then they really have a control over human life. Continue Reading...

Beyond Sovereignty: Money and its Future

Over at Public Discourse, Acton’s Samuel Gregg has just published a piece about the future of money. The issuance of money, he writes, is often associated with issues of national sovereignty, despite the fact that governments have long abused their monopoly of the money supply. Continue Reading...