October 26, 2014

The Moral Promise of Free Enterprise [VIDEO]

hot-dog-stand

The words happiness and free enterprise don’t usually appear in the same sentence. But Arthur Brooks, President of the American Enterprise Institute, shows that the two are intimately and profoundly connected. The free enterprise system not only creates wealth, it creates the best chance we have to achieve personal satisfaction. Source: Prager University … [Read more...]

Archbishop of Canterbury Opens Trinity Wall Street Economics Conference

Institute of Religion and Democracy

BREAKING NEWS! John Couretas has an excellent analysis over at the Acton Blog with video. Back to our report... I don't want to turn this into beat up on the Anglicans day but, as long as we are discussing the presumptuousness of religious professionals, here's another. Amid the backdrop of an ongoing economic recession, Archbishop of Canterbury Rowan Williams gave the keynote address … [Read more...]

Defining Capitalism and Some Thoughts for the Church

An interesting post on First Things by Michael Novak, “ Caritas and Economics.” Novak discusses the different understandings embodied in the six different Latin words for love. In anticipation of some of my own work looking at private property in light of the tradition of the Orthodox Church, my attention was drawn to Novak's definition of capitalism. I think he is correct in his assertion … [Read more...]

Orthodox Christianity and Capitalism — Are They Compatible?

Kevin Allen, host of The Illumined Heart podcast on Ancient Faith Radio, interviews writer, attorney, and college professor Chris Banescu, an Orthodox Christian, about the economic, moral and spiritual issues surrounding the market economy. Kevin asks: Does the capitalist system serve "the best interests of Christians living the life of the Beatitudes?" Listen to Chris Banescu on Orthodox … [Read more...]

Roepke was right

Wilhelm Roepke

In my Winter 2007 article on economic globalization for AGAIN Magazine, I quoted economist Wilhelm Roepke: Economically ignorant moralism is as objectionable as morally callous economism. Ethics and economics are two equally difficult subjects, and while the former needs discerning and expert reason, the latter cannot do without humane values. In light of all that has happened with the … [Read more...]