Acton Institute Powerblog Archives

Post Tagged 'centesimus annus'

February 03, 2009

PBR: History Casts Doubt

In response to the question, “What is wrong with socialism?” I can hardly do better than Pope John Paul II, who wrote in Centesimus Annus, “the fundamental error of socialism is anthropological in nature,” because socialism maintains, “that the good of the individual can be realized without reference to his free choice.” Continue Reading...
October 27, 2008

Saving the Free Market

The famous Austrian economist, Joseph Schumpeter, despaired for the future of the free market system. The reason for this despair was that the excess wealth of the system would create educated folks who would turn on the very system that created them. Continue Reading...
April 03, 2008

Traditions in a globalized age

Yesterday I enjoyed a stimulating presentation of Harvard Law Professor and current U.S. Ambassador to the Holy See Mary Ann Glendon’s new Italian-language collection of essays, Tradizioni in Subbuglio (Traditions in Turmoil). Continue Reading...
June 18, 2007

No Place Like Home

At last year’s Acton University, a few Austrian attendees made an interesting youtube video celebrating their rediscovery of the huge and obvious contributions Austria has made to free-market economics. But what about the countries that don’t have an entire school of economic thought named after them? Continue Reading...
November 08, 2006

Creativity and Capital

How can developing countries best compete in a global economy? Humberto Belli, president of Ave Maria College of the Americas in Nicaragua, points to the power of education and human resources. Continue Reading...
February 09, 2006

Family and the new economy

On January 21, 2006, Dr. Jennifer Roback Morse, author of Smart Sex: Finding Life-long Love in a Hook-up World and a Senior Fellow in Economics at the Acton Institute, gave this lecture at the Centesimus Annus Conference in Rome. Continue Reading...
January 23, 2006

A Catholic alternative to Europe’s ‘third way’

Proponents of social democracies claim that a large role for the state is important in tempering the profit motive of capitalism and creating a more humane and cultured state. Free markets, they argue, result in an inhumane and disintegrated society, while the social democracy models of Europe protect the weak and create social cohesion. Continue Reading...