economy

“This is called slave labor,” said Pope Francis.
The Holy Father was referring to the $40 a month paid to apparel workers at that eight-story garment factory in Bangladesh that collapsed on top of them, killing more than 400.
“Not…

At their annual November meeting, the U.S. bishops failed to approve a pastoral message on the economy.  “The Hope of the Gospel in Difficult Economic Times” was approved by a clear majority of the bishops voting, but objections raised in…

Defending the Free Market: the Moral Case for a Free Economy, by Fr Robert Sirico
Is commerce and trade instrinsically moral?
Critics of capitalism would say no. Some, who acknowledge that the free market works to a degree when considered…

America’s Tragic Future

by Walter E. Williams June 14, 2012

Our nation is rapidly approaching a point from which there’s little chance to avoid a financial collapse. The heart of our problem can be seen as a tragedy of the commons. That’s a set of circumstances when something is commonly…

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Liturgy, Anthropology, Economics and Work

by David Clayton May 9, 2012

It seems at first an unlikely connection but it is made directly in a book called the Wellspring of Worship, by Jean Corbon. I read it because I heard Scott Hahn recommend it recently. It was Hahn’s excellent book the…

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The Economy of Women’s Work

by Rebecca Ryskind Teti April 20, 2012

A left-wing political operative stepped in it last week when she accused the wife of Republican presidential hopeful Mitt Romney of “never working a day in her life.”
In justice, I think political strategist Hilary Rosen was not aiming at…

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Romney’s Upper Hand

by Lawrence Kudlow March 4, 2012

Mitt Romney snatched victory from the jaws of defeat in Michigan by unveiling a pro-growth, 20 percent tax-cut plan and by resetting his limited-government spending cuts and entitlement reforms. In other words, he delivered an economic-growth package. It served him…

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Obama’s Class-Warfare, Tax-the-Rich Budget

by Lawrence Kudlow February 22, 2012

If you shake out the Obama budget in terms of bold headlines, it’s really a class-warfare, tax-the-rich budget. Layer upon layer of tax hikes are piled on successful investors, small-business owners and corporations.
The capital-gains tax goes from 15 percent…

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A King Dollar GOP?

by Lawrence Kudlow February 13, 2012

Out on the campaign trail, Fed head Ben Bernanke is an unpopular guy.
Mitt Romney and Newt Gingrich have both said they would replace Bernanke, not reappoint him. Rep. Ron Paul would swap the whole Federal Reserve monetary system for…

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