Home
/
RELIGION & LIBERTY ONLINE
/
Wall Street Journal: ‘The Acton Institute’s Moral Capital’
Wall Street Journal: ‘The Acton Institute’s Moral Capital’
Jan 18, 2026 2:18 AM

In its “Houses of Worship” column today, the Wall Street Journal examined how the Acton Institute continues to work for economic liberty, even though that project looks “unfashionable” these days. Writer Mene Ukueberuwa interviewed Acton co-founder and President Rev. Robert A. Sirico, and Kishore Jayabalan, director of Istituto Acton in Rome. The writer noted that opinion polls show declining support for free markets among Christians but said that Acton was continuing its work, without polemics:

Far from the Christian capitalist caricature—ignoring the Gospels while clamoring for top-bracket tax cuts out of sheer self-interest—the Acton Institute is engaging the skeptics on economic and philosophical grounds. Recent issues of its journal, Religion & Liberty, have included essays about e inequality and millennials’ growing fondness for socialism. In June Father Sirico took on a pair of critics in a debate about the best way to serve the poor at the annual Acton University conference.

Despite these efforts to dispel the mounting Christian critiques of capitalism, the organization has carefully avoided taking an openly polemical stance. “We’re not here to lobby the Vatican,” explains Kishore Jayabalan, director of the institute’s outpost in Rome. Acton’s values have lost ground in the Francis era, but Mr. Jayabalan demurs at the thought of “turning back the tide.” Instead the group remains focused on its own activities. For Mr. Jayabalan, this means organizing economics seminars for priests studying in Rome—a program Acton hopes will improve the clergy’s grasp of the financial and political issues that shape parishioners’ lives.

Read “The Acton Institute’s Moral Capital” at The Wall Street Journal.

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
The ‘Halloween Brexit’ nightmare or a return to liberty?
Prime Minister Theresa May has extended the date the UK will leave the European Union yet again, this time to October 31. The eight-and-a-half month delay inspired some cheeky Brits to give the interminable process anthropomorphic qualities: the “Halloween Brexit” monster. The endless stalling is “slowly destroying the opportunity of liberty which leaving the EU offers,” writes Rev. Richard Turnbull in a new essay for Acton’s Religion & Liberty Transatlantic. Rev. Turnbull, who is the director of the Centre for...
Study: Socialism turns people into liars
Socialism’s appeal is largely moral, not economic – not just because it doesn’t work economically, but because few people find pelling. Among their exaggerated claims, socialists argue that redistribution of wealth will create more moralpeople, not merely better living conditions. “We must develop among Soviet people Communist morality,” said Nikita Khrushchevin 1959, “at the foundation of which lie … the voluntary observation of the fundamental rules of munal radely mutual help, honesty, and truthfulness.” But does socialism make people more...
As Notre Dame burns, France called to re-set world ablaze
May all Christian believers, particularly in France, be reminded that they must put out the angry fires festering against their faith’s many aggressors in order to ignite healthy joyful spiritual flames – so as “to be as God fully wants us to be”, in St. Catherine of Siena’s words, “to set the world ablaze” where Christianity is nowadays smoldering. Read More… Like most big stories, the world discovered last night’s fire devouring Paris’s Notre Dame Cathedral at breakneck speed on...
Learning to love institutions in an age of individualism
In the wake of rapid globalization and widespread consolidation, many have grown weary of human institutions, whether in business, religion, politics, or beyond. Threatened by their structure and slowness, we have tended to detach ourselves, opting instead for more “organic” approaches to human interaction. These “bottom-up” countermeasures surely have their value and necessity, but our modern resistance has also created a certain societal vacuum. Indeed, as our culture continues to fragment—increasingly defined by social isolationandpublic distrust—it is the places with...
Does Central America need a ‘Marshall Plan’?
Julián Castro is running for the Democratic nomination for president. Castro was Secretary of Housing and Urban Development under president Barack Obama, and before that he was mayor of San Antonio, TX. He is currently polling at a little over 1%, and he reported raising $1.1 million in campaign funds in the first quarter of the year. As a Mexican-American, Castro is currently the only Latino candidate. As such, it is not surprising that he has put immigration at the...
The search for transcendence
Yesterday a short video, originally posted by Forbes a few months ago, popped up in my browser. Called “Finding Meaning Through Travel,” it discusses several people who have supposedly found their calling in a life of travel and exotic pursuits. I love traveling too, and having lived abroad for three years I am convinced of the value of contact with other cultures, but I have to say that the narrators’ quasi-mystical view of travel struck me as misguided. Ben Saunders,...
Call for papers: the legacy of Abraham Kuyper — 100 years later
The year 2020 marks the 100th anniversary of the death of Dutch theologian, statesman, educator, churchman, editorialist, and social theorist Abraham Kuyper. memorate his life and legacy, the Journal of Markets & Morality is accepting submissions on the theme of Abraham Kuyper for the Fall 2020 issue, guest edited by Reformed scholars Robert Joustra and Jessica Joustra of Redeemer University College in Canada. While any submission related to the life and thought of Abraham Kuyper will be considered, the editors...
Does capitalism always become crony?
Mark Zuckerberg has finally admitted he needs help. From the government. After years of shady dealing, data collection, and intentionally designing addictive technologies, Zuckerberg has asked the government to regulate tech. And who do you think will help write all the regulation that “regulates” all these tech firms? Bureaucrats in Washington won’t have enough knowledge, of course, so they’ll have to get it from experts in the tech industry. Lucky tech industry. Now that Facebook and Google, et al., have...
How the Fed worked before the Great Recession
Note: This is post #119 in a weekly video series on basic economics. The U.S. Federal Reserve controls the supply of money—which gives it a huge influence on the world economy. But as economist Tyler Cowen notes, how the Fed does this has changed since the Great Recession. In this video by Marginal Revolution University, Cowen explains how the Fed can change the federal funds rate—the overnight interest rate for when banks lend money to each other—and how that influences...
5 Facts about Tax Day and income taxes
Today is Tax Day, the day when individual e tax returns are due to the federal government. Here are five facts you should know about e taxes and Tax Day: 1. The first national e tax in the United States was in 1861 soon after the outbreak of the Civil War. Congress approved a national e tax, signed into law by President Lincoln on August 5, 1861, which provided for a flat tax of three percent on annual e above...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved