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
Oct 13, 2026 7:36 PM

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
McClaren’s failure to engage
I’ve followed with concern the debate over global warming for years. But it’s especially troubling to see self-identifying evangelicals weighing in on the issue with such a shallow understanding of the details. Brian McClaren is a case in point. Consider his recent post at the God’s Politics blog. McClaren is bemoaning the fact that some evangelical leaders, such as James Dobson, wrote a letter urging caution on the issue of global warming. Now, whatever one’s views on this issue, it’s...
A fallacious – and damaging – premise
Via The New Editor, a restatement of a basic economic rule that we all need to remember as government in America swings back to the left. Clive Crook, in the course of reviewing Robin Williams’ Man of the Year, notes the potential unintended consequences if an anti-business mood overtakes our representatives: Case by case, the merit in these proposals varies from substantial (executive pay) to less than none (taxing profits), but put the merits of the individual policies aside. What...
Boredom and teen crime
I have discovered this week that Florida has a major problem with teenage violence against the homeless. In a new twist on violent crime incidents the homeless are being attacked across this state regularly. In St. Petersburg two homeless men, ages 43 and 53, were shot to death in January in separate incidents. The two men indicted for these two crimes are 18 and 20. There were 41 incidents of violence against the homeless in 2006, more than in any...
NYT editorial on Chávez: necessary not-so-evil
The NYT editorializes today that Venezuelan president Hugo Chávez is, at worst perhaps, a necessary evil given the current political climate: “if it takes Mr. Chávez’s demagogy to spur Washington toward more enlightened policies in the Americas, so be it.” Oh yeah, and more US foreign aid to Latin America equals “social justice.” “Mr. Bush deserves praise for doubling the assistance to Latin America, to $1.6 billion a year. But much of this has been for security programs in Colombia....
Why risk matters
In the wake of last month’s stock market tumble, Samuel Gregg examines the nature of risk in a free economy. “Risk-taking is indispensable for wealth-creation,” he says. “At the root of wealth-creation is entrepreneurship, and entrepreneurship is impossible unless we are ready to risk testing new ideas, products, and services in the market-place.” Read mentary here. ...
EO on the morality of markets
Joe Carter concludes: What we need is a third way. We need a clear Christian vision that understands that markets are a moral sphere (contra the libertarians). We need to promote the idea that free individuals rather than government force is necessary to carry out this task (as the left often contends). We need to realize that the “market” is not a mystical system that will miraculously provide for our neighbor (as many conservatives seem to think). What we need...
Doctrine and practice
At the beginning of his journey down from the mountain of enlightenment, Nietzsche’s Zarathustra runs across an old saint living in the forest. The saint confesses to Zarathustra, “Now I love God: men, I do not love. Man is a thing too imperfect for me. Love to man would be fatal to me.” By contrast to the saint’s view, it has long been the tradition of a major strand of American Christianity that engagement in practical ministry is an important...
CST and good companies
The John A. Ryan Institute at the University of St. Thomas has been organizing a series of international conferences on Catholic Social Thought and Management Education. The latest was on the topic “The Good Company: Catholic Social Thought and Corporate Social Responsibility in Dialogue.” You can access a number of the papers through this site. These conferences are usually a mixed bag, so investigate at your own risk. But there are always a few outstanding presentations and this edition is...
A new school for Kabala
Oprah isn’t the only one opening a school in Africa. Fraser Valley Christian High School and Surrey Christian School in Canada have partnered together with Christian Extension Services in Sierra Leone, Africa to build a Christian Primary School in Kabala. This partnership is one of the initiatives I highlighted in a previous Acton Commentary. The partnership has released its first newsletter (PDF here), which chronicles recent news and events, including prayer requests and special opportunities for donation. Also be sure...
Religion as the fourth ‘R’
Reading, [w]riting, [a]rithmetic, and…religion? So says Cal Thomas in a post from the WaPo blog On Faith. Writes Thomas, “Religion as a subject and the beliefs of individual religions absolutely should be taught in all schools and at all levels.” I doubt, however, that Thomas would say that “one should not expect an individual faith to be singled out for special consideration or imposition” in the case of explicitly religious schools. He seems to have in mind the limitations inherent...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved