“Economic activity is one of the mon and basic forms of human interaction and the Bible has much to say about it,” says Dale Arand. “However, it takes time to understand plexities of our modern economy so that we can better apply God’s principles to our everyday activity.” Arand offer five reasons it’s worthwhile to understand economics, including: 3) We want our government to restrain evil, not enable it. We know stealing and lying are wrong, but in our economy...

At the Catholic Workd Report, Acton Research Director Samuel Gregg observes that, as populist regimes implode across Latin America, it’s unclear that the Catholic Church in the age of Francis is well-equipped to cope with es next. Since Pope Francis often states that realities are more important than ideas, let’s recall some basic realities about presidents Correa and Morales. Both are professed admirers of Chávez mitted to what Correa calls “socialism of the 21st century” or what Morales describes as...

Bishop Dominique Rey speaking at Acton’s April 20 conference in Rome. Yesterday in the French section of the Vatican’s newspaper, L’Osservatore Romano, an exclusive interview finally appeared with the outspoken Bishop Dominique Rey of Toulon-Fréjus. Bishop Rey provided the interview when in Rome last month to speak about the current challenges to religious and economic freedom in Europe at the Acton Institute’s conference “Freedom with Justice: Rerum Novarum and the New Things of Our Time“. The May 19 headline “Sortir...

In a massive new 420-page report, the National Academies of Sciences, Engineering and Medicine’s Committee on Genetically Engineered Crops summarizes their findings on the effects and future genetically engineered (GE) crops. Here are five facts you should know from the report: 1. Biologists have used genetic engineering of crop plants to express novel traits since the 1980s. But to date, genetic engineering has only been used widely in a few crops for only two traits — insect resistance and herbicide...

By now, readers should be aware of the campaign waged against the Competitive Enterprise Institute led by Al Gore and a cadre of attorneys generals with New York Attorney General Eric Schneiderman at the top of the rogues’ gallery. The subpoena goes so far as to demand CEI produce “all documents munications concerning research, advocacy, strategy, reports, studies, reviews or public opinions regarding Climate Change sent or received from” such specifically named think tanks as the Acton Institute, The Heartland...

What’s going on in Venezuela? Because of high inflation and unemployment, Venezuela has the most miserable economy in the world. The country currently has an inflation rate of 180 percent, but that’s expected to increase 1,642 percent by next year. The current unemployment rate is 17 percent, and the IMF projects it will reach nearly 21 percent next year. The country is also crippled by shortages of goods and services. A few weeks ago Venezuela’s President Nicolás Maduro instituted a...

In the May 20 issue of the London-based Catholic Herald, Acton Research Director Samuel Gregg has a new piece that draws on his book For God and Profit: How Banking and Finance Can Serve the Common Good. “Rather than simply engaging in blanket condemnations that occasionally verge on moralism and which reflect little actual knowledge of the financial sector, we should follow our forebears’ example by first seeking to understand modern financial practices,” Gregg writes. The article is not currently...

This month mark the fiftieth anniversary of the China’s Cultural Revolution. Here are five factsyou should know about one of the darkest times in modern human history: 1. The Cultural Revolution — officially known as the Great Proletarian Cultural Revolution — was a social and political movement within China that attempted to eradicate all traces of traditional cultural elements and replace them with Mao Zedong Thought (or Maoism), a form of Marxist political theory based on the teachings of the...

Today at The Stream, I examine the dissonance between the goals of Vermont senator Bernie Sanders’ presidential campaign and his mended means: [W]hile Sanders’ goals may parable to Scandinavia, there’s little Nordic about his means. It all reminds me of a quip from the Russian Orthodox philosopher S. L. Frank, a refugee from the brutality of actual, Soviet socialism. “The leaders of the French Revolution desired to attain liberty, equality, fraternity, and the kingdom of truth and reason, but they...

The spring session of the 2016 Acton Lecture Series closed on May 17th with an address by Acton Institute President Rev. Robert A. Sirico entitled “Freedom Indivisible: Private Property as the Solid Ground for Religious Liberty,” which examinedhow private property provides an essential foundation forreligious liberty in a free and virtuous society. We’re pleased to share the lecture with you via the video player below. ...