The significance of sovereign debt crises goes beyond economics. How we address these situations gives important insight into our understanding of the nature and limits of state authority.
Cronyism in the marketplace not only damages the economy. It is also unjust and deeply corrupting of the body politic—perhaps especially of democracies.
The American Dream is in crisis because the American family is in crisis. We must commit to a national—not purely governmental—effort to promote strong families.
At a time when debates about economic inequality occupy significant attention in the public square, Adam MacLeod offers a fresh way forward for thinking about private property and its contribution to the common good by rooting property rights in a robust account of freedom and human flourishing.
When motherhood becomes a mere avenue to a paycheck, both the woman and the child she carries are wronged. Surrogacy undermines the dignity of both women and children.
The liberal campaign to redefine marriage is not over. Attempts to secure constitutional rights to polygamy and polyamory are on the way. Conservatives must pursue a new strategy to thwart private corporations from undermining public morality if we hope to prevent further changes to the institution of marriage and protect other vital elements of public morality.
The recent Obergefell decision should serve as a wake-up call to conservatives. In particular, conservatives should rethink the Republican Party platform and work to refocus the GOP around the broad theme of “nature.”
Instead of settling for damage control, now is the time for conservatives to outline a far-reaching pro-market economic reform agenda. Not only should conservatives explain how America’s economy can be changed in ways that promote lasting growth and wider prosperity, but they should also speak in moral terms, presenting a convincing normative alternative to progressivism’s social democratic vision.
An article in the Journal of Clinical Oncology on the just price of cancer drugs in the United States contains an odd reference to a nonexistent book by Aristotle. Unraveling the origins of this error reveals an almost farcical series of misinterpretations.
The nature of poverty has changed substantially over the past fifty years. In Our Kids, esteemed social scientist Robert Putnam compares the conditions and opportunities of the rich and the poor in Port Clinton, Ohio, his hometown, both in 1959 and today. But the government programs that Putnam proposes won’t solve a problem that starts with the family.
All those concerned about sexual exploitation must pull together and fight a two-front war against female and male dehumanization.
The West’s struggle with high public debt highlights the inertia and indecision of both governments and citizens in the face of difficult economic choices.
The overpopulation crisis predicted by Malthusians has failed to materialize. Instead, developed nations face serious underpopulation. To solve this problem, we must rediscover the importance of children.
In a time of intense debate about global capitalism and the power of economic elites, Michael Novak’s work is essential reading for those who seek to work for free and virtuous societies. Novak’s life is also a lesson in charity.
Economics takes for granted the problematic view that everyone acts in their self-interest, and that this is the best way of understanding the world. The latest research within the discipline is, however, transforming these fundamental assumptions.
Redefining marriage undermines the ties between marriage and procreation. This will contribute to already declining fertility rates in the United States as marriage rates drop and marriage becomes even more adult-centric in meaning and function. The consequences to the economy and society will be harmful and multifaceted.
When college administrators fancy themselves businessmen selling “information delivery systems,” students suffer.
If we want to be coherent when addressing poverty, our concerns can’t be rooted in emotivist or relativistic accounts of who human beings are. They must be founded on recognition of each person’s freedom, rationality, and dignity.
New data suggest that countries that value and protect religious liberty offer fertile soil for economic liberty to flourish.
In helping developing countries to increase their economic prosperity, we must remember that human welfare cannot be reduced to material realities.
In a society in which the profit motive tends to make all other interests subordinate to the almighty dollar, Chick-fil-A’s founder declared that the store would not be open on the Sabbath.
Opportunity is not merely the absence of artificially imposed impediments. It is also the capacity to pursue happiness, individually and in community. Adapted from the 2014 Index of Culture and Opportunity.
The role of economic liberty in contributing to human flourishing and the common good remains deeply underappreciated, even by those who are dedicated to religious liberty.
A low but predictable inflation rate is sound, just policy.
If a society regards governmental manipulation of money as the antidote to economic challenges, a type of poison will work its way through the body politic, undermining justice and the common good.
Modern rhetoric of income inequality is driven by covetous envy that betrays America’s tradition of applauding those who succeed. Caritas, humility, gratitude, and goodwill toward others are a healthy society’s answer to the ancient curses of envy and pride.
All truly voluntary exchange should be allowed without state interference. But many exchanges that are not fully voluntary should be allowed, too. It is immoral to restrict the ability of market processes to create a space where right action is rewarded and immoral actions are punished.
The morality of the market, important as it is in a free society, is not the only kind of morality that matters in common life.
Government may be able to provide material assistance, but it has failed to address the deeper causes of poverty. Worse, it has discouraged the most important defenses against poverty in America—work and marriage.
Every economic system is based upon an implicit vision of the human person. Maciej Zieba’s new book provides an introduction to Catholic social thought that examines the anthropologies of Catholicism, liberal democracy, and the free-market economy.
The association of Protestantism with capitalism, famously articulated by Max Weber and now widely accepted by many, is theologically dubious, empirically disprovable, and largely incidental. An edited excerpt from Gregg's new book, Tea Party Catholic.
Constitutional amendments requiring Congress to pass a balanced budget are unrealistic and doomed to fail. It would be more effective to combat deficit spending by requiring the president to submit a balanced budget.
In most cases, Catholic social teaching provides the correct principles for resolving complex social and economic questions, not specific policy requirements. Nathan Shlueter reviews Sam Gregg’s new book in the voice of Paul Ryan.
Supporting crony capitalism weakens the appeal of social conservatism; it is difficult to hold the moral high ground on abortion and marriage while defending exploiters of the poor and oppressed.
We all have a moral obligation to use our surplus wealth to help those in need, but we should do so in a way that is effective, fair, and in accordance with our own vocations.
Private, not public, law enables healthy dependencies by carving out space for communities of people to deliberate together about what to do with the resources available to them.
Entitlement reform cannot succeed by eliminating dependence. Instead we should aim to promote healthy dependencies.
Natural law does not demand capitalism, but we can deduce from natural law that some institutions that are key to market economies are normally just, while practices key to socialist arrangements are usually unjust.
Aristotelian-Thomistic moral philosophy doesn’t imply that every economy should be capitalist.
Conservatives need to stop shying away from principled, as opposed to merely utilitarian, defenses of economic freedom and its associated institutions.
There is no right to lose oneself in a game of chance for the state’s benefit, and more than that there is no good in it. Video keno contracts liberty and virtue while accelerating the state’s colonization of civil society.
While there is something noble in economists’ assumption that social life is based on mutually beneficial exchange, rather than coercion and plunder, this fails to account for what philosophy, theology, and literature reveal to us about the true substance of marriage.
Good public policy can meet the needs of all Americans without redefining marriage.
Family, church, and school are the three basic people-forming institutions, and it is no wonder that they produce the best results—including economic and political ones—when they cooperate.
Economic liberty is necessary for achieving the real, non-economic goods of individuals and associations in civil society. Not the collectivist “we” of government, but the many “we’s” of civil society are the true ground of a just, and good, society.
A pilot program in New York City to give minors emergency contraception in school without telling their parents is an ineffective response to a non-existent “epidemic” of teen pregnancy.
Constitutional law has often been used to shape economies, but there are limits to the law’s ability to influence economic culture, especially when societal priorities no longer accord with constitutional principles.
Is inequality the cause of our worst social ills?
Work is at the core of our humanity, and our ownership of what we produce precedes laws demanding that we give it back to “community” in the abstract.
Close attention to particular decisions by European institutions and governments before and during the present economic crisis suggests that many have significantly infringed the rule of law.