Tag: free market

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…

July 10, 2009
Roepke was right

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…

February 12, 2009

Defining Capitalism and Some Thoughts for the Church