Home
/
RELIGION & LIBERTY ONLINE
/
Our economic age of anxiety
Our economic age of anxiety
Nov 22, 2025 2:14 AM

“Developed nations are increasingly haunted by doubts about the legitimacy of their economic structures,” says Victor V. Claar and Greg Forster in this week’s Acton Commentary. “This paralyzing anxiety crosses all lines of ethnicity, religion, class, party and ideology.”

This is not a mere selfish concern about who gets how much of what. It is a moral anxiety, a concern about what kind of people we are ing. Is America still a country where it pays to “work hard and play by the rules,” in Bill Clinton’s famous phrase? Or have we e the kind of place where cheaters consistently get ahead and slackers get a free ride—where working hard and playing by the rules is for chumps?

The full text of the essay can be found here. Subscribe to the free, weekly Acton Commentary and other publications here.

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
Radio Free Acton: Justice in taxation, How entrepreneurs make a freer society, and Upstream on ‘A Wrinkle in Time’
On this episode of Radio Free Acton, Kevin Schmiesing, research fellow at Acton, speaks with Robert Kennedy, professor in the department of Catholic Studies at the University of St. Thomas, on ‘Justice in Taxation.’ Then, Caroline Roberts talks with Brett VanderKamp, founder and president of New Holland Brewing Company on how entrepreneurs make a freer society. Finally, on the Upstream segment, Bruce Edward Walker discusses the life and work of Madeleine L’Engle with Sarah Arthur, author of a new biography...
Toward a Godly globalization
Globalization is routinely decried for its disruptive effects, particularly as it relates to the health of our social relationships munity enterprises and institutions. Even as it’s proven to drive significant economic growth, questions remain about its steamrolling influence on the culture and society. But what about the opportunities? In a lecture at the Faith@Work Summit, Tim Liu, a healthcare administrator and CEO, reminds us of the potential for a “Godly globalization,” noting that amid the disruptive effects, we also see...
Love as a tesseract
Earlier this week at Public Discourse I wrote an essay on the dangers of individualism and collectivism, illustrated with literary samples from C.S. Lewis and Madeleine L’Engle respectively. I drew the image of an individualist hell from Lewis’ The Great Divorce, citing Napoleon as an eternal exile, not on Elba or Saint Helena but into everlasting perdition. As Abraham Kuyper once wondered, in a way that strikingly echoes Lewis’ insights, “That development of the sinful nature in accordance with its...
Why we should learn how to ‘kill American democracy’
During the Cold War, the U.S. military would conduct wargaming simulations in which some units would act as the United States (the blue team) and some would pretend to be Soviet troops (the red team). Through such exercises the military discover the weak points in their strategy before they were exposed bat situations. Over the years, the term “red teaming” came to be used to describe this practice of viewing a problem from an adversary petitor’s perspective. The military and...
Why are some countries richer than others?
Note: This is post #73 in a weekly video series on basic economics. Mexico is wealthier than Central African Republic, and the United States is much wealthier than Mexico. Why is this true? Why do some countries have wealth that is 10 to 100 timesmore than another country? Why can some citizens in one country purchase so many more goods and services than people in a neighboring country? In this video by Marginal Revolution University,Alex Tabarrok answers those questions and...
It’s Friday—but Sunday’s comin’
memoratesthecrucifixion of Jesus and his death at Calvary, the most significantly tragic event in human history. But as pastorS.M. Lockridge(1913-2000) reminds us in this brief Easter meditation, the darkness of this historical Friday pales parison to the light es on Sunday morning. It’s Friday Jesus is praying Peter’s a sleeping Judas is betraying But in’ It’s Friday Pilate’s struggling The council is conspiring The crowd is vilifying They don’t even know That in’ It’s Friday The disciples are running Like...
Taxation and Catholic Social Teaching
“Tax policies and tax levies are an unavoidable part of civilized life,” says Robert G. Kennedy in this week’s Acton Commentary. “The social tradition of the Church emphasizes the duty of citizens to support their government as well as the duties of civil authorities to govern wisely and to respect the ownership rights of individuals and families.” Kennedy outlines five things the tradition Catholic social teaching teaches us about taxation and four things it does not. What the Tradition teaches:...
Pontifical professor: Capitalism ‘improved the living conditions of all social levels’
A few months ago, a group of protesters decided to vent their frustration by screaming into the sky. Trying to encourage theologians to understand the fundamentals of economics before preaching about the subject sometimes feels just as productive. However, one of the secular media have recognized the efforts of one of the foremost Catholic exponents of the free market. Fr. Martin Rhonheimer, a professor of ethics and philosophy at the Pontifical University of the Holy Cross in Rome, shared his...
Study: How overregulation is stifling the food truck revolution
As protestors continue to boldly decry “corporate greed” with little definition or discernment, progressive policymakers are just as quick to push a range of wage controls and market manipulations to mitigate the supposed vices of free and open exchange. The painful irony, of course, is that the victims of such policies are not the fat-cat cronyists at the top, but the scrappy challengers at the bottom. We’ve seen it with the recent embrace of the $15 minimum wage, which continues...
Explainer: What you should know about the 2018 omnibus spending bill
On Friday, Congress passed—and President Trump signed into law—a massive new omnibus spending bill. Here are some key points you should know about this legislation: What is an omnibus spending bill? An omnibus (Latin meaning “for everything”) bill is one that includes diverse and unrelated topics into a single legislative package. An omnibus spending bill is thus a bill that includes a broad range of appropriations legislation related to federal government funding. How much spending is included in the omnibus...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved