Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/aoiusa/public_html/wp-content/plugins/sexybookmarks/public.php on line 388
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/aoiusa/public_html/wp-content/plugins/sexybookmarks/public.php on line 394
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/aoiusa/public_html/wp-content/plugins/sexybookmarks/public.php on line 400
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 at the annual conference hosted by the Episcopal Church’s affluent Wall Street outpost. “Building An Ethical Economy: Theology and the Marketplace” was the 40th annual event hosted by Trinity Wall Street’s Trinity Institute.
[…]
While Williams warned against materialism’s dangers, his respondent, a former Wall Street Journal editor, warned against theologians who ignore the moral need for wealth creation.
According to Lee, theologians, especially on the left, tend to emphasize the distribution of wealth – how fair it is – economists tend to emphasize the generation of wealth – how we can combine scarce resources in more productive ways.
“I agree with economists,” Lee said. “Generation and distribution [are] both very important, but I think our crucial concern has got to be the generation of wealth.”
The former New York Times and Wall Street Journal editorial page editor argued that economies either must generate more wealth, so that there is more to redistribute, or, at the very least, sustain the same level of wealth.
Continue reading
