debt – Page 5 – Religion & Liberty Online

January 18, 2012

Mall Rats, Bureaucrats, and Credit Card Decline

The Keynesians will have little to cheer about in this story. Yesterday I saw this report from CNN Money that said U.S. consumer credit card debt fell by 11 percent in 2011. Continue Reading...

October 24, 2011

Vatican Economic Analysis Incomplete, Says Gregg

Acton’s director of research Samuel Gregg has provided his reasoned take on the new document from the Pontifical Council for Justice and Peace — it’s up at The Corner. While its diagnosis of the world economy is fairly accurate, the council’s treatment plan is lacking in prudential analysis. Continue Reading...

August 24, 2011

The Folly of More Centralized Power

My commentary this week addresses the importance of federalism and our fundamental founding principles in relation to the problems that plague the nation. There was once plenty of commentary and finger pointing in regards to setting a new tone of political and civil discourse in the nation. Continue Reading...

August 02, 2011

Evaluating Our Values: A Christian Response to the Debt Crisis

Over at ThinkChristian, I take the opportunity to sketch “what a comprehensive Christian response to the crisis of public and private debt might look like.” I focus “on five main areas: the individual, familial, ecclesial, economic, and political.” Continue Reading...

August 01, 2011

What the Common Good Isn’t

It looks like Congress will vote later today or this evening to raise the debt ceiling and avert a possible default by the United States Treasury. How the debt ceiling compromise will fair when measured against Acton’s Principles for Budget Reform it is too early to know, but one thing is certain: if the deal contains a single budget cut for even the most ineffective of social programs, we’ll hear screams of protest from Jim Wallis and his Circle of Protection. Continue Reading...

July 27, 2011

Rev Sirico: Budget, Debt, and Morality

Rev. Sirico was interviewed by Kathryn Jean Lopez of National Review Online on the national debt of the United States, the debt ceiling, and the moral issues of the budget debate. Continue Reading...

July 13, 2011

Jayabalan on Austerity and the Italian Budget

Kishore Jayabalan, Director of Istituto Acton in Rome, was interviewed by Vatican Radio to discuss the Italian budget. Italy has a large budget crisis, and if it isn’t resolved, it may face serious financial problems similar to those experienced by Greece. Continue Reading...

July 12, 2011

Editorial: Intergenerational Ethics and Economics

My editorial, “Intergenerational Ethics and Economics,” appears in the latest issue of the Journal of Markets & Morality (more details about that issue here). In this short piece I explore some of the implications and intergenerational consequences of public debt. Continue Reading...

June 21, 2011

Praying for More Tax Revenue?

We’ve all heard of presidents, governors, and other civil leaders calling citizens to prayer in times of great need. In April, Texas governor Rick Perry called on his citizens to pray for rain because of an extreme drought. Continue Reading...

May 17, 2011

Samuel Gregg: Debt, Finance, and Catholics

In Crisis Magazine, Acton Research Director Samuel Gregg has a new article that looks at how Catholics reflect on a wide range of financial questions ranging from the federal government’s fiscal woes to consumer debt to a fragile banking system. Continue Reading...

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