free-market

October 04, 2012

Video: Colorado Priest Condemns Socialism at GOP Assembly

You might get goose bumps watching this fiery speech by Fr. Andrew Kemberling. After all, it is not every day we hear a wholesale condemnation socialism from a priest on the “pulpit” of a conservative political rally! Continue Reading...

July 03, 2012

Rev. Robert Sirico: Creative Destruction and the Pruning Shears

Online today on the American Spectator is an article by Acton’s president, the Rev. Robert Sirico. In it, Rev. Sirico discusses the phenomenon of “creative destruction,” peculiar to free market systems, wherein newer and better industries and technology gradually replace older, less efficient ones. Continue Reading...

June 25, 2012

Video: Arthur Brooks on ‘The Moral Promise of Free Enterprise’

Prager University has a new course up and running. The lecturer? Arthur C. Brooks, president of the American Enterprise Institute and author of Gross National Happiness: Why Happiness Matters for America—and How We Can Get More of It as well as the recently published The Road to Freedom: How to Win the Fight for Free Enterprise. Continue Reading...

May 24, 2012

Fr. Z Reviews “Defending the Free Market”

Fr. John Zuhlsdorf has reviewed Defending the Free Market: The Moral Case for Free Economy at his popular blog, “What Does the Prayer Really Say”. This is a timely book, given that we are in a crucially important election cycle in the USA. Continue Reading...

May 20, 2012

Free Acton Institute eBooks on Judaism, Law and the Market Economy (May 20-24)

Beginning today, the conference “Religion and Liberty — A Match Made in Heaven?” gets underway in Jerusalem. Sponsored by the Jerusalem Institute for Market Studies (JIMS), the Acton Institute and others, the event asks questions such as, “Is capitalism not only efficient but also moral?” Continue Reading...

March 29, 2012

How “Free-Market Roads” Can Restrict Freedom

In a political climate dominated by debates about individual mandates and restrictions on religious freedoms, an issue like road privatization isn’t likely to be on the top of anyone’s list of major concerns. Continue Reading...

February 27, 2012

What Does Lent Tell Us About Markets and Morals?

What does Lent, which starts today, have to do with markets and morals (and Cuba)? Sociologist Margarita Mooney explains: Continue Reading...

October 13, 2011

Belloc, Distributism and Political Power

I can always find common ground with the Distributists I meet. We want to replace the government-corporate cronyism that characterizes so much of our current economic system. And we want our culture to raise up young people with the skills, virtues and freedom to accumulate productive capital and invest it in ways that promote human flourishing for themselves and others. Continue Reading...

August 24, 2011

Richard Epstein takes on papal economics

Noted NYU law professor and free-market advocate Richard Epstein has written a provocative piece titled “How is Warren Buffett like the Pope? They are both dead wrong on economics.” Here’s the money quote: The great advantage of competition in markets is that it exhausts all gains from trade, which thus allows individuals to attain higher levels of welfare. Continue Reading...

May 24, 2011

Are High Gas Prices Affecting Job Seekers?

Gas prices are beginning to come down, but for many people prices are not falling fast enough. The pain caused by high gas prices is spread widely, but it is felt intensely on the working poor and the unemployed who are trying to find a job. Continue Reading...

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