Rome’s Graffiti and Bastiat’s Broken Windows

[Yesterday'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… Read More

Pope Benedict’s Economic Realism

In his first detailed public statement about the global financial crisis, Pope Benedict XVI may be revealing the outline of his forthcoming — and highly anticipated — social encyclical.
Besides a few general statements warning against greed and urging solidarity,… Read More

Benedict and World Youth Day: Becoming Adults in Christ

Pope Benedict XVI is back in the international media spotlight this week, gracing the covers of Time and Newsweek, as he makes his first trip outside of Italy, to Cologne, Germany for the 20th World Youth Day. That a Catholic… Read More

Is Europe’s Statist Nightmare Ending?

I was traveling to Paris just before the French referendum on the European Union Constitution, not quite sure how to react to its impending defeat.
Most of the voices against the Constitutional Treaty were from the socialist Left, who criticized… Read More

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