Acton Institute Powerblog Archives

Post Tagged 'centesimus annus'

October 19, 2010

Rev. Robert Sirico: Tea Party Must Define Ideas

A new Detroit News column by Acton Institute President and co-founder Rev. Robert A. Sirico: Tea party must define ideas By Father Robert Sirico If the recent analysis by the New York Times on the success of the tea party movement is correct, the influence of this movement favoring limited government and low levels of taxation may have a decided impact in the upcoming elections, particularly in holding the Republican leadership’s feet to the fire on a variety of related issues. Continue Reading...
March 10, 2010

‘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...
August 17, 2009

On Calvinism and Capitalism

I don’t much like the term Calvinism. I think it is historically unhelpful, and in general prefer to use something like Reformed theology or speak about the Reformed confessions, depending on the particular context. Continue Reading...
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...