Economics

Pope Francis has given a new interview in which he makes several important clarifications. These concern allegations that he is a Marxist, suggestions that he will soon appoint women cardinals, and proposals to give Holy Communion to those who have divorced and remarried without an annulment. He also makes several other interesting comments, including plans […]

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Last Sunday one of the readings was from Acts 4:32-35 . . . The community of believers was of one heart and mind, and no one claimed that any of his possessions was his own, but they had everything in common. With great power the apostles bore witness to the resurrection of the Lord Jesus, […]

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A while back I pre-ordered a Kindle Fire from Amazon, and now it's about to be released. Amazon says it should be shipping in 2-3 days. I'm very interested to see it. I've used Kindles for a long time–ever since the Kindle 2 added text-to-speech functionality (the absence of which kept me from buying the […]

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As we saw previously, many commentators—including George Weigel, Fr. John Zuhlsdorf, and Mark Brumley—were quick to point out that the “note” released by the Pontifical Council for Justice and Peace on world finance should not be understood as a magisterial act which the faithful were bound to accept with religious submission of intellect and will. […]

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You know that thuggish contraception policy that President Obama’s administration recently proposed as part of their implementation of ObamaCare? The one whose public comment period ended last Friday? The one that the U.S. bishops were frantically trying to get Catholics to contact Health and Human Services and oppose? The one that the bishops’ attorneys said […]

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Longtime readers of the blog know that I have interests in technology and economics and in how the former is impacting the latter. One of the ways it is doing so is changing the world of entertainment. In times past, as it has been said, freedom of the press belonged to those who owned a press–presses […]

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A reader writes:  I'd like to hear your thoughts on what (if any) ethical obligations are due to a mortage contract in the current environment. I bought a home, and it's now severely underwater; worth maybe 50 – 60% of the purchase price. The payments are affordable to me for now, but much better homes […]

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Peak Nonsense

by Jimmy Akin

in Economics

Periodically there are stories saying that we are running out of petroleum and natual gas, that we are near or even have passed "peak" production of these resources because Earth is running low on them. Not so fast. While there is, undoubtedly, a finite amount of this stuff on earth because there are a finite […]

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Speculation

by Jimmy Akin

in Economics

A number of years ago the comic book industry was severely hurt by a wave of speculative buying in which investors started buying lots of comic books on the idea that they were certain to increase in value. The Death of Superman event was one of the things driving this speculation. But eventually the comic […]

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The current political season has had a good bit of discussion of health insurance and whether everyone should have it and, if so, how that should be accomplished. But what kind of health insurance are we talking about? There is a point at which insurance covers so much that it ceases, for practical purposes, to […]

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