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In the wake of the financial crisis, market reform will require moral reform.
Higher education exposes ingratiating talk as the counterfeit of teaching; rote learning as the counterfeit of thought; mere opinion as the counterfeit of judgment; enthusiasm as the counterfeit of principle.
Despite the financial crisis, markets deserve a spirited public defense that acknowledges both their virtues and limits.
In an address delivered on October 17, Archbishop Charles J. Chaput stated that ''Prof. Douglas Kmiec has a strong record of service to the Church and the nation in his past. But I think his activism for Senator Barack Obama, and the work of Democratic-friendly groups like Catholics United and Catholics in Alliance for the Common Good, have done a disservice to the Church, confused the natural priorities of Catholic social teaching, undermined the progress pro-lifers have made, and provided an excuse for some Catholics to abandon the abortion issue instead of fighting within their parties and at the ballot box to protect the unborn.''