Marketplace Revolution

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Of Miracles and Means

Last week I linked to Joe Carter’s On the Square piece, “What the Market Economy Needs to be Moral,” challenging his view that we need a “third way.” He has since clarified his position, and noted that what he wants is not really an alternative to the market economy but an alternative grounding, view of, and justification for the market economy. Continue Reading...

The Main Battle

In the “Wealth Inequality Mirage” on RealClearMarkets, Diana Furchtgott-Roth looks at the campaign waged by “levelers” who exaggerate and distort statistics about income inequality to advance their political ends. The gap, she says, is the “main battle” in the Nov. Continue Reading...

The Christian Market?

Joe Carter discusses “What the Market Economy Needs to Be Moral” today over at First Things: On the Square. He rightly points to the twin errors of collectivism and atomistic individualism, each of which have been soundly criticized in Catholic Social Teaching, for instance. Continue Reading...

A Federal Tax Receipt

There’s an old saying to the effect: “Show me a man’s checkbook and I’ll show you what’s important to him.” It may not be quite the same as a checkbook, but NPR’s Planet Money passes along what a receipt from the federal government might look like for an average taxpayer (HT): As Third Way, who put together the taxpayer receipt, argues: An electorate unschooled in basic budget facts is a major obstacle to controlling the nation’s deficit, not to mention addressing a host of economic and social problems. Continue Reading...

Samuel Gregg: Europe’s Broken Economies

Acton’s Research Director in the American Spectator: Europe’s Broken Economies By Samuel Gregg During September this year, much of Europe descended into mild chaos. Millions of Spaniards and French went on strike (following, of course, their return from six weeks vacation) against austerity measures introduced by their governments. Continue Reading...

Global Warming Consensus Alert: KILL ‘EM ALL

I’ll admit – it’s been a long time since I’ve posted a Global Warming Consensus Alert because, frankly, any “consensus” that existed was blown apart by the release of the University of East Anglia Climate Research Unit e-mails, which revealed a whole bunch of underhanded activity on the part of scientists promoting the anthropogenic global warming hypothesis. Continue Reading...

German Freedom and the Danger of Socialism

In this week’s Acton Commentary, I remember German reunification and reflect on its relevance for the present. Twenty years ago this Sunday, East and West Germany reunited, capping one of the most extraordinary transformations in modern history. Continue Reading...