Yet another example of how the Vatican misunderstands America . . . and economics

Body

“The cardinal unfortunately reverts to a simplistic caricature of Adam Smith’s ‘invisible hand,’ contrasting it with the ‘visible hand of an economy which is able to serve all members of the community well.’ … Smith’s point was that demanding people to ignore their self-interest, as moralists are wont to do, is unrealistic and socially destructive, encouraging hypocrisy rather than virtue.” -

Discussion

Five Ways the Bible and Economic Principles Are Connected

Body

“Whether we acknowledge it or not, as implied above, economic laws, such as the law of comparative advantage and the law of supply and demand, are consequences of our being made in God’s image.” - IFWE

Discussion

John M. Perkins and the 2019 Kuyper Conference

Body

“Acton is a headline sponsor of the event this year, and our Journal of Markets & Morality is also sponsoring the conference. The journal has published a number of items focused on Abraham Kuyper and neocalvinist social thought over the years.” - Acton

Discussion

Women, Work, and the Home: What Is a Biblical Measurement of Success?

Body

“Mothers are invested in this process [of bearing and rearing future workers] for only a segment of their adult lives. Most women will have sixty years as an adult in which to create value through their own labors. The challenge is how to do that wisely in a culture that largely requires parenting and income generation to be done in separate places.” - IFWE

Discussion

The first axiom of Christian economics

Body

“The Principle: #1 – Because everything in creation belongs to God, man is never more than a steward and must act accordingly.” - Acton

Discussion