It’s the end of the year, so the book lists are out. I’m thinking about conservative icon Russell Kirk. If you want a really enjoyable and edifying read, I mend you begin with The Roots of American Order. That book will give you an understandable and historically grounded sense of what “ordered liberty” means. It will also open the mysteries of Kirk wide to the uninitiated reader. The prose is lively. Highly readable. Kirk is more widely known for the...

Catching up on “Revisiting the 1986 economic pastoral”, an article from October in the National Catholic Reporter: The bishops’ point “that Catholics’ moral life cannot be separated entirely from their economic life has relevance for what we’re going through now,” said Kevin Schmiesing, research fellow for the Acton Institute, a proponent of free markets. “Unless you believe there is no ponent to this, that there’s no failure of responsibility, that there’s no greed at work, that those kinds of moral...

O Holy night, the stars are brightly shining. It is the night of our dear Saviour’s birth. Long lay the world in sin and error pining, Till he appeared and the soul felt its worth. A thrill of hope the weary world rejoices, For yonder breaks a new and glorious morn. Fall on your knees! Oh hear the angel voices! Oh night divine! Oh night when Christ was born! Oh night divine! Oh night! Oh night divine! Chains shall he...

In “Betrayed by Madoff, Yeshiva U. Adds a Lesson,” the New York Times interviews students and teachers at the New York University which was closely linked to Bernard Madoff, the financier who has been charged by federal prosecutors with orchestrating a $50 billion Ponzi scheme fraud. In Intermediate Accounting I, undergraduates analyzed how he seemingly tap-danced around the Securities and Exchange Commission. In Rabbi Benjamin Blech’s philosophy of Jewish law course, students pondered whether Jewish values had been distorted to...

Of course, Santa is based on a historical character. And in many (but certainly not all!) ways, he points forward to Jesus Christ. But in a broader sense, God has created a mystical, mythical, and magical world– that can be overdone or mis-imagined. That said, the mon error is to under-do or under-imagine– out of our “modern” heritage and tainted worldview. I’ve blogged on this quite a few times– and three times in the past month, in noting the 100th...

I felt inspired by a fellow Hoosier’s blog post this morning. Doug Masson wrote: Merry Christmas everyone. Like I’ve said probably too many times, I’m not a religious guy. But, it’s tough to argue with the message — peace to everyone, love your family. Love each other. Sounds easy enough. Looking at the world, apparently it’s harder than it sounds. Still, this is a nice reminder each year. I’m not particularly religious either, but in a different sense than Doug...

Among those on the so-called Religious Right, it mon to reduce political interests to “life” issues– most notably, abortion. But in recent months, in the midst of the financial crisis and an economic recession, I’ve gotten many letters and emails about fund-raising problems within Christian organizations. Although such concerns don’t rise to the level of abortion, they– and thus, economics and the politics that affect those economics– are non-trivial as well. Beyond that, there are many issues which speak to...

You can view the most recent list of panies that have received bailout assistance from the federal government via the Emergency Economic Stabilization Act of 2008 (EESA), executed through measures like the Troubled Asset Relief Program (TARP), here (PDF updated 12/16/08). I’m thinking about adding panies to my own personal “naughty” list. Visit the EESA homepage, where you can sign up for EESA e-mail updates as your tax dollars are spent for you. “How is this money being spent?” you...

Ramesh Ponnuru says Social Security is worse than a Ponzi scheme. He’s right. It’s more like an inter-generational pyramid scheme, a pyramid tipped on its side… To be sustainable, over time (T) it has to take more from more people (thus a three-dimensional pyramid rather than a two-dimensional triangle. It’s really exponential rather than multiplicative). Social Security. In case you forgot, it still needs fixing. This Christmas, think about the rather unpleasant gift we’ll be leaving the generations that follow...

In this season of giving, Kevin Schmiesing looks at another form of exchange — trade. He observes that mercial activity “is not an exercise in selfishness, but the practice of properly ordered self-interest, which is of necessity tempered by the wants and needs of others.” Read mentary over at the Acton website and e back to share ments. ...