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     Everybody would be rich   if nobody tried   to be richer.  And nobody would be poor   if everybody tried   to be the poorest.  And everybody would be   what he ought to be   if everybody tried…

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    Distinguishing the Wealthy from the Worldly

    by Rachel Lu

    Our Lord never despised the rich. Throughout his life, he moved among different classes of people with authority and ease. He converses with poor fishermen, but also with the scholars in the temple. He heals blind beggars, but also responds…

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    The Jesuit, Pope Francis, and the Poor

    by Samuel Gregg

    Since the first Jesuit pope’s election earlier this year, the words “poverty” and “the poor” have acquired fresh resonance inside and outside the Catholic Church. Of course the Catholic Church has always devoted special attention to the materially poor and…

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    Pope Francis on the True Meaning of Poverty

    by Samuel Gregg

    “How I long for a poor Church for the poor!” With these words spoken after being elected pope, Jorge Bergoglio underscored a theme that continues to be front-and-center of his papacy. Not surprisingly, many have concluded such statements demonstrate that…

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    Pope Francis and the Gospel of Life

    by Arland K. Nichols

    Though the world barely knows Pope Francis, it has rushed to judge him. As Caitlin Bootsma has lamented, “Catholics, of all stripes, immediately sought to measure Pope Francis against their own goals for the papacy.” Rather than measuring him according to…

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    A Musical Path out of Poverty

    by Carolyn Moynihan

    Public School 129 in Harlem, New York, has a name straight out of the bureaucrat’s bottom drawer, and its street frontage is pretty dreary too. But inside, something beautiful and inspiring is going on. Kids who live in what can…

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    Mother Russia Needs More Mothers

    by Marcus Roberts

    According to the Christian Science Monitor, the Russian Prime Minister is seeking re-election to the presidency (for a third term) and is setting out his policy platform.  The fourth of his programmatic articles trying to convince Russians to vote for…

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    Economics: The Cheerful Science

    by Mark W. Hendrickson

    Chances are, you’ve heard economics referred to as “the dismal science.” That unflattering description is glib and catchy; it is also 100 percent wrong. Let me set the record straight and explain why economics—far from being dismal—is cause for hope,…

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    The Population Bomb, Still Fizzling

    by Marcus Roberts

    A new report was released on Monday by the UN’s high level panel on global sustainability. Unsurprising its conclusion is that the world’s current economic , environmental and demographic trajectory is wildly unsustainable.  According to the UN estimates, as reported…

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    Of Good News and Bad News

    by Gary S. Smith

    Have you heard any good news lately? Bad news abounds. It’s been another tough year. Economic woes continue. Greece and Italy are on the verge of bankruptcy. Unemployment is still high in the United States (around 8.6 percent), and the…

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    In Defense of Bourgeois Civilization

    by Jeffrey Tucker

    The following essay was commissioned as part of this week’s symposium on “the bourgeois spirit.” See also Dawson’s Catholicism and the Bourgeois Mind, and Gerard Russello’s account of Dawson’s contribution.   Tell me this. Would you rather that your neighbor…

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    Poverty in America?

    by Walter E. Williams

    According to CBS News, “the number of people in the U.S. living in poverty in 2010 rose for the fourth year in a row, representing the largest number of Americans in poverty in the 52 years since such estimates have…

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    Wealth and Giving It Away

    by Rev. James V. Schall, S.J.

    American Christians are said to be at ease in our secular consumer culture. But didn’t Christ talk about giving away one’s worldly goods and living as the lilies of the field, not pursuing wealth and luxury? The New Testament isn’t…

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    The ‘Hunger’ Hoax

    by Thomas Sowell

    Twenty years ago, hysteria swept through the media over “hunger in America.” Dan Rather opened a CBS Evening News broadcast in 1991 declaring, “one in eight American children is going hungry tonight.” Newsweek, the Associated Press and the Boston Globe…

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    Cooperation: A Free Market Benefits Everyone

    by Jeffrey Tucker

    The following will explain the most important idea in the history of social analysis. The notion (actually, it’s a description of reality that is all around us but rarely noticed) has been around for many centuries. It was first discovered…

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    Money Matters (But Not the Way You Think)

    by Dawn Carpenter

      St. Matthew, patron saint of bankers, pray for me. This is how I open and close each day. I am a banker and in the business of buying and selling money. There is a common misconception among the faithful…

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    As the Family Goes, So Goes the Economy

    by Carolyn Moynihan

      According to a New York Times editorial this week, “As Housing Goes, So Goes the Economy”. It is a call to the United States government to intervene in the housing market which, nearly two years after the housing bubble burst,…

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    Dependency and Votes

    by Thomas Sowell

    Those who regard government “entitlement” programs as sacrosanct, and regard those who want to cut them back as calloused or cruel, picture a world very different from the world of reality. To listen to some of the defenders of entitlement…

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