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Rev. Sirico: The Vatican’s Monetary Wisdom

In the Wall Street Journal, Acton Institute President and Co-Founder Rev. Robert A. Sirico looks at the recent “note” on economics released this week by the Vatican. The document, titled “Toward Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority,” was published with an eye toward the upcoming G-20 meeting in Cannes, France, on Nov. Continue Reading...

‘Central World Bank’ Would Hurt Cardinal Turkson’s Native Ghana

Last summer, Acton’s PovertyCure team traveled to Ghana to meet with its economists and entrepreneurs — the men and women who are helping the country develop. It just so happens that they also met briefly with Peter Cardinal Turkson, president of the Vatican’s Pontifical Council for Peace and Justice and co-author of the note released yesterday that has stirred up a global controversy. Continue Reading...

Frank Schaeffer’s Fundamentalist Fakery

Frank Schaeffer: Bachmann, Palin, Perry Use Religion Like Snake Oil Salesmen (2011) Remaining Orthodox in a Secular World : A Sermon by Frank Schaeffer (2002) Mark Tooley, president of the Institute on Religion and Democracy (IRD), has a story on FrontPageMag.com Continue Reading...

Vatican’s Call for Central World Bank: What the Left Misses

Samuel Gregg is quoted in today’s New York Times story about the Vatican note calling for a central world bank — he gives the final word on the document. The “politically liberal Catholics” quoted before him reveal that they have missed a crucial distinction in the document produced by the Pontifical Council for Peace and Justice. Continue Reading...

Vatican Releases Note on Global Financial Reform

This morning the Pontifical Council for Justice and Peace issued a bold statement advising how to bring order to the global financial crisis. I was in attendance at the much anticipated press conference that was organized to debrief reporters on the statement’s content. Continue Reading...