New Perspectives Quarterly has a great interview with Milton Friedman, who at 93 years of age still exhibits more economic clarity than whole academic faculties and episcopal justice and missions. Some of Friedman’s gems: – On how European economies can get back on track: “They all ought to imitate Margaret Thatcher and Ronald Reagan; free markets in short.” – On the European social model as a third way between capitalism and socialism: “I don’t think there is a third way....

In a new Acton Commentary, Anthony Bradley examines a new report from the Fraser Institute that measures economic freedom in Arab countries, an important indicator for cultures that are in many places still struggling to lift their people out of poverty. In discussing the report, Bradley says, “As history demonstrates, individuals or families having freedom to determine their own economic destiny liberates them from government dependence and long-term dependence on charity.” Read the mentary here. ...

Journal of Markets & Morality Volume 8 • Number 2 The latest issue of Journal of Markets & Morality features a new controversy between Michael T. Dempsey and Robin Klay and John Lunn: What Bearing, If Any, Does the Christian Doctrine of Providence Have Upon the Operation of the Market Economy? Read the editorial, “The Digital Divide” by executive editor Stephen Grabill.Purchase your copy of the journal online today.Read the newest archived issue, volume 7, no. 2. Are you a...

Much attention is on the World Trade Organization summit in Hong Kong. Here are a couple of ENI briefs on the WTO: Food, agriculture, subsidies grip faith groups as well as WTO Hong Kong (ENI). Participants at an interfaith conference on economic justice have urged the World Trade Organization to respect people’s food sovereignty and halt the current negotiations on agriculture and the production of food. “People’s food sovereignty is being undermined by the WTO’s Agreement on Agriculture,” a declaration...

A newly published letter by Narnia creator C.S. Lewis shows his distaste for Disney “vulgarity” and his fear of seeing fictional animal characters transformed into cartoonish buffoons. Jordan Ballor, in a new mentary, explores how Lewis might have felt about the new Disney film of The Lion, the Witch, and the Wardrobe. Ballor looks at Lewis’ dislike of animatronic, or costumed people acting the parts of animals, as well as his feelings towards Walt Disney’s “vulgarity.” Dispensing with Lewis’ objections...

Is secularism gutting holiday season? Five answers in Saturday’s roundup of Faith and Policy columnists in the Detroit News, including Acton’s Rev. Robert A. Sirico. Notably, Rev. Edgar Vann, pastor of Second Ebenezer Church in Detroit, cites the decision of a some churches to “succumb to the secularization of the sacred by deciding to close their doors on Christmas Sunday.” I happen to agree with Rev. Vann that such a move is particularly ill-conceived. For those who don’t know, a...

Jordan Ballor’s recent post on “Christian Reason and the Spirit of Capitalism” hit onto something big. In today’s New York Times, op-ed columnist David Brooks weighs in with a piece entitled “The Holy Capitalists”. (Once again, the Times has blocked access to non-subscribers. If you aren’t a subscriber, buy today’s Times just to read this column – it’s worth it.) Brooks calls the debate over the foundations of success the most important in the social sciences today and praises Rodney...

In a not-so-subtle take-off of Donald Trump’s The Apprentice franchise, ExperiencePoint e up with a fun interactive game to challenge your event-planning and management skills. The background: Inspired by his favorite reality programs, Santa Claus invited eight elves to the North Pole for the purpose of selecting one as his new protégé. Through a series of rigorous petitions, Santa has whittled down the group to the final two candidates – congratulations, you’re one of them! Now you must manage a...

Richard Branson’s Virgin Galactic has taken another step forward with the announcement of an agreement with the State of New Mexico: Virgin Galactic, the pany created by entrepreneur Richard Branson to send tourists into space, and New Mexico announced an agreement Tuesday for the state to build a $225 million spaceport. Virgin Galactic also revealed that up to 38,000 people from 126 countries have paid a deposit for a seat on one of its mercial flights, including a core group...

Roger Cohen’s column in today’s International Herald Tribune slams the French economic system by telling the story of Rachid Ech Chetouani, a young French Muslim. (Unfortunately, the column is behind the New York Times Select firewall and available only to subscribers. Isn’t it ironic that the Times can write such moving pieces about social exclusion while practicing it at the very same time?) Chetouani has been to China and North America, so he has some alternative economic systems parison purposes....