Home
/
RELIGION & LIBERTY ONLINE
/
Journal of Markets & Morality, Volume 10, Issue 2
Journal of Markets & Morality, Volume 10, Issue 2
Jul 25, 2025 9:31 AM

The newest issue of the Journal of Markets & Morality has been posted. The publication of this volume fulfills a full decade of production of the journal under the continuing leadership of founding and executive editor Stephen J. Grabill.

This issue of the journal features a scholia translation of Leonardus Lessius, “On Buying and Selling” from 1605. Lessius was a Jesuit theologian considered to be an important figure in the development of pre-Smithian economics by scholars like Joseph Schumpeter, John T. Noonan, and Raymond de Roover. Wim Decock provides both a translation of Lessius’ work as well as an introduction placing him in his early modern context of scholasticism and moral theology.

The articles in this volume are an especially excellent collection, including a piece by Mary Ann Glendon, who was recently named the U.S. ambassador to the Vatican, “John Paul II’s Challenges to the Social Sciences.” Other contributors include John R. Schneider (Calvin College), Dr. Donald P. Condit (a medical doctor), Pamela Z. Jackson (Augusta State University), Jonathan E. Leightner (Augusta State University), John Meadowcroft (King’s College London), Edward J. O’Boyle (Mayo Research Institute). Dr. Condit’s article is of particular contemporary relevance, as he inquires, “Should Business Be Responsible for Employee Health Care?”

We also have a number of excellent reviews of recent books, put together under the direction of our book review editor Kevin Schmiesing. And as per our “moving wall” policy of two issues, the most recent publicly-available archived issue is volume 9, number 2 (Fall 2006).

If you are a student or a faculty member at an institution of higher learning, please take the time to mend that your library subscribe to our journal. If you are in interested layperson or independent scholar, please consider subscribing yourself.

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
Publicly Funded Films: A Cautionary Tale
The most basic lesson of all of the various efforts, by both state and federal governments, to provide incentives for films to be made is that with government es government oversight. Once you go down the road of filing for tax credits or government subsidy in various forms, and you depend on them to get your project made, you open yourself up to a host of regulatory, bureaucratic, and censorship issues. It shouldn’t be a surprise, for instance, that states...
Family vs. the State in Indian and Chinese Entrepreneurship
This August 3 Wall Street Journal article is based on a Legatum Institute paring Indian and Chinese entrepreneurship and raises important issues about the roles of the state and the family in promoting entrepreneurship. mon elements between Indian and Chinese wealth-creators are their optimistic view of the pared to Americans (“Why I’m Not Hiring”) and Europeans (“Everything’s Fine With Greece, Just Ignore Some Facts”) presumably, and their lack of concern about the impact of the global financial crises on their...
Manuel F. Ayau (1925-2010): A Life for Liberty, Justice, and the Truth
Those who love freedom were saddened to learn this morning of the passing of one of the most significant contributors to the cause of liberty and individual responsibility in Latin America, Manuel F. Ayau, affectionately known as “Muso” to his many friends and acquaintances, after a long and brave struggle with cancer. A humble, self-effacing but determined man, Ayau is a classic example of someone who made a difference. Whereas others confined themselves to talking about the free society, Ayau...
Rome’s Graffiti and Bastiat’s Broken Windows
Today’s Wall Street Journal has a nice piece about the problem of graffiti in Rome and the obstacles to cleaning it all up. While the graffiti are certainly an eyesore in an otherwise beautiful city, there is also great economic damage done, which leads to impoverished understandings of private property and general urban decay. If cleaning up the graffiti on a four-story palazzo can cost as much as €40,000, there are surely people there to profit from the clean-up. And...
Re: Broken Windows – University Funding Edition
As Kishore Jayabalan noted yesterday, the fallacy of “broken windows” is, unfortunately, ubiquitous in discussions of public finance and macroeconomics. Though we are told that government spending and public works have a stimulating effect on economic activity, rarely are the costs of such projects discussed. Such is the case with several stimulus projects in my own hometown of Atlanta, GA. The Atlanta Journal-Constitution reportson a list that Sen. John McCain and Sen. Tim Coburn drew up,criticizing wasteful stimulus projects throughout...
Health Care Subsidiarity in the UK and the US
A recent New York Times story reports that the new British government plans to “decentralize” the National Health Care system as part of its new austerity measures. Practical details of the plan are still sketchy. But its aim is clear: to shift control of England’s $160 billion annual health budget from a centralized bureaucracy to doctors at the local level. Under the plan, $100 billion to $125 billion a year would be meted out to general practitioners, who would use...
The Ecumenical Movement and the Nuclear Question
It’s worth noting that the original context of engagement of the ecumenical movement by figures like Paul Ramsey and Ernest Lefever (two voices that figure prominently in my book, Ecumenical Babel) had much to do with foreign policy and the Cold War, and specifically the question of the proliferation of nuclear weapons. Last week marked the anniversary of the bombing of Hiroshima and today is the anniversary of the Nagasaki detonation. As ENI reports (full story after the break), the...
Acton on Tap – August 12: American Exceptionalism
Join us on Thursday, August 12, at Derby Station in Grand Rapids as we continue our Acton on Tap series, a casual and fun night out to discuss important and timely ideas with friends. The event is scheduled for 6:00 pm to 8:00 pm and discussion starts at 6:30. American Exceptionalism is a newsworthy topic as some on both the political left and right lament that America’s greatness is slipping away. But what does American Exceptionalism mean and how did...
Chinese Politics: Power, Ideology, and the Limits of Pragmatism
Chinese Communism is no longer about ideology. Now it is about power. I reached this conclusion on the basis of six months spent in China and extensive conversations with my Chinese friend and fellow Acton intern Liping, whose analysis has helped me greatly in writing this post. China began moving away from Communist ideology under Deng Xiaoping, whose economic reforms munes and created space for private businesses. He justified these reforms to his Communist colleagues with the saying, “It doesn’t...
Europe’s Surviving Farmers Show True Entrepreneurial Spirit
Are the Old Continent’s farmers showing that they have a real entrepreneurial spirit and serving as role models of courage and innovation during the Great Recession? Surely not all of them, but there are some inspiring examples to be found in Central and Southern Europe. This is somewhat surprising as Europe’s agricultural sector is usually among the most traditional, least open to market innovation and product flexibility, and heavily reliant on EU funding to keep the petitive. Alas, European leadership...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved