Home
/
RELIGION & LIBERTY ONLINE
/
Acton Institute’s Assisi conference explores roots of poverty, engines of wealth
Acton Institute’s Assisi conference explores roots of poverty, engines of wealth
Dec 24, 2025 4:51 AM

On September 12-14 the Acton Institute’s Rome office hosted its third annual “Economics, Development and Human Flourishing” conference in Assisi for seminarians and formation staff of the Vatican’s Pontifical Urban College.

Intense discussion and open debate was stimulated by challenging lectures on economics, political philosophy, anthropology, and Catholic social doctrine. The lectures were reinforced by showings of the Institute’s video curriculum “PovertyCure”, a six-episode DVD rich in graphic content, intellectual analysis and dramatic stories about poverty in Africa, Asia and Latin America.

An African seminarian asks a tough question about economic injustice.

The second-year theology students — from different developing-world nations spanning 3 continents– listened attentively and asked provocative questions related to economic growth and poverty alleviation. Many questions regarded political corruption, crony capitalism, the causes of wealth, the meaning of vocation, material scarcity, as well as some very specific economic concernsin their home countries.

Acton’s president and co-founder, Rev. Robert A. Sirico and Poverty, Inc. producer Michael Matheson Miller traveled from Grand Rapids, while academic contributions from Rome scholars included Istituto Acton’s director, Kishore Jayabalan, and Salvatore Rebecchini, president of SIMEST, pany that promotes Italian investment in foreign markets.

During his talk on the role of the laityin the public square, the church and business world, Rev. Sirico emphasized the need for priests and other religious to delegate and foster leadership so that they can better serve the faithful as spiritual pastors; furthermore, he asked them to appreciate and encourage the laity in their real individual professional callings, especially faithful entrepreneurs and business persons who see themselves as “co-creators” with God’s plan in carrying out their various risky enterprises. This point was echoedby Michael Matheson Miller’s anthropological reflections on the human person’s potency, even if sinful and fallen, to pursue magnanimous endsfor mon good of civilization. Miller invited the seminarians and formation teamto ponder C.S. Lewis’s famous words aboutnever having met a “mere mortal”, since human beings are capable of “everlasting splendors” when living out their true potential according God’s willfor their individual gifts whilereceiving adequate spiritual direction in an increasingly antagonistic secular society.

Some of the most riveting discussion came during one of the plenary discussions following Salvatore’s Rebecchini’s talk on economic growth. One seminarian wondered just how much big business can be “free”, especially in terms of cartels and monopolies being established in closed-doordealswith governments and their business cronies. Other students directed their questionsto corporate takeovers crowding out SMEs, price controls and what, in effect, was the limit and purpose of international aid.

Kishore Jayabalan focused one of his lectures on themeaningof material and spiritual poverty,while stressing theneed to cultivatea spiritdetachment in prosperous individuals who can do much good with their wealth ifmaintaining a healthy spiritual and theological perspective.

At the end of the conference, the participantsstressed their appreciation of the PovertyCure film’s realism, especially in the episode “Circles of Exchange“, when evaluating the film’scriticism of ways in which developing markets are too often cut off from viable networks of productivity and exchange, resources and stymied by various injustices which free societies take for granted, such as therule of law, property rights, and a culture of meritocracy.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
America: Current Threats To Your Religious Liberty
As part of the United States Conference of Catholic Bishops (USCCB) “Fortnight For Freedom” campaign, the USCCB has enumerated a number of threats to Americans’ religious liberty. Besides the on-going battle with the Obama Administration regarding the HHS mandate and the gutting of funding to Catholic programs that fight human trafficking, the bishops want us to be aware of these perils to religious liberty: Catholic foster care and adoption services. Boston, San Francisco, the District of Columbia, and the State...
The Failing Success of Population Control in the Developing World
published a press release from the Guttmacher Institute, the research division of Planned Parenthood, summarizing a new study that “the poorest countries are lagging far behind e developing countries in meeting the demand for modern contraception. Between 2003 and 2012, the total number of women wanting to avoid pregnancy and in need of contraception increased from 716 million to 867 million, with growth concentrated among women in the 69 poorest countries where modern method use was already very low.”...
Tim Keller: 5 Ways the Bible Shapes Our Work
At The Gospel Coalition’s 2013 National Conference, Tim Keller kicked off a Faith at Work post-conference by exploring what itmeans to be a Christian in the marketplace. Keller argues that we have to view our work through the larger Biblical story ofCreation > Fall > Redemption > Restoration. IfGod is the creator of all things, and if through Christall things are made new, that process of restoration must include our work. Keller proceeds to offer five ways that the theology...
Supreme Court Will Re-Examine Prayer at Government Meetings
Even before America became a republic, Americans have opened public meetings with prayer. The Supreme Court even acknowledged this fact thirty years ago in the case of Marsh v. Chambers. Writing for the majority, Chief Justice Burger said, “From colonial times through the founding of the Republic and ever since, the practice of legislative prayer has coexisted with the principles of disestablishment and religious freedom.” But the “ever since” may soon ing to an end. After two residents Greece, New...
IRS Audited 69% of Filers Who Claimed Adoption Tax Credit
Adopting a child can be a laborious, time-consuming, and expensive process. So why is the IRS trying to make it even more laborious, time-consuming, and expensive? As David French notes, in 2012, the IRS requested additional information from 90 percent of returns claiming the adoption tax credit and went on to actually audit 69 percent: So Congress implemented a tax credit to facilitate adoption – a process that is so extraordinarily expensive that it is out of reach for many...
Nostalgia for Mid-Twentieth Century Middle Class Isn’t All It’s Cracked Up To Be
Don Boudreaux and Mark J. Perry at Cafe Hayek are here to tell you: life in the 1950s for America’s middle class is not the wonderland we might like to think. A favorite “progressive” trope is that America’s middle class has stagnated economically since the 1970s. One version of this claim, made by Robert Reich, President Clinton’s labor secretary, is typical: “After three decades of flat wages during which almost all the gains of growth have gone to the very...
Study: Entrepreneurs Pray More Frequently Than Non-Entrepreneurs
About a decade ago I joined a couple of other semi-clueless entrepreneurs in starting a regional newspaper in East Texas. Although I had always been a praying man, I found a lot more to pray about while starting a business: praying we’d make payroll, praying we’d find advertisers, praying the newspaper industry wouldn’t collapse before our next edition, etc. Apparently, I wasn’t alone. According to information recently published by the Association of Religion Data Services, U.S. entrepreneurs pray more, meditate...
Desperate Entrepreneur Atop St. Peter’s Pleads to Pope
What a sweet spectacle it is to observe Rome’s pastel-colored cityscape and glowing white marble churches from above St. Peter’s Basilica just before sunset.But this is not what one Italian entrepreneur had in mind late Monday evening and years since experiencing any kind of dolce vita in his native land. According to local press reports, around 6:00 pm on May 20, Vatican police and tourists discovered a businessman from Trieste, Marcello Finizio, atop the massive dome of St. Peter’s, the...
Will Think Tanks Replace Universities?
Alejandro Chafuen, board member of the Acton Institute and a contributor to , has recently written an op/ed asking, “Will think tanks e the universities of the 21st century?” He says that “think tanks and the academy in all likelihood, were united at birth.” and that “Massive Online Open Courses, or MOOCs, are affecting universities as few other developments in the history of education. [He] would not be surprised if taking advantage of this technology some of the major think...
Entrepreneurs Find People With Autism Employable
People with autism frequently have a difficult time socially: they don’t always pick up on social “cues” most of us take for granted such as vocal inflections, facial expressions, gestures and maintaining eye contact. In terms of finding suitable jobs, this can be an obstacle. However, there are entrepreneurs who actively seek out the autistic as employees. Thorkil Sonne of Denmark is the founder of a software pany, Specialisterne. pany uses their special skills to out-perform the market and offer...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved