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Author: Philip Booth

St Mary’s University – Dean of Faculty – Education, Humanities and Social Sciences. Professor of Finance, Public Policy and Ethics.

As well as Dean of the Faculty of Education, Humanities and Social Sciences at St Mary’s University, Philip helps to develop curricula and teaches in fields such as political economy, business ethics and Catholic social teaching. He also works for the Institute of Economic Affairs as Senior Academic Fellow. Click here to view Philip’s full profile

Competition and co-operation – they are not alternatives

If you ask most people – perhaps Christians especially – what the opposite of competition is, they will suggest it is co-operation. So often you hear the phrase “co-operation not competition”. But co-operation is not the opposite of competition. Monopoly is the opposite of competition. I do wonder if any of the people who call for co-operation rather than competition have ever tried to run a businesses without co-operating with others: it would not be a success.

No salvation in fiscal policy

Yesterday, I ended a presentation to sixth-formers by commenting that nobody would want to be Rishi Sunak. Of course, in the strict sense that is not true – indeed, many of the people to whom I was talking might well have had ambitions to be Chancellor of the Exchequer. What I meant was that the Chancellor was facing the most difficult combination of circumstances of anybody in his position since the mid-1970s.

Character in the Courtroom

The confirmation hearings for Amy Coney Barrett’s appointment to the United States Supreme Court were fascinating. These days, Parliament is not necessarily held in high regard in the UK and politics in the US is not held in high regard either. However, the Select Committee hearings and meetings of All Party Parliamentary Groups are a real credit to all politicians. Politicians at those hearings actually question each other and question witnesses in a far more interesting and skilled way than interviewers do on your average edition of BBC Newsnight, where the objective seems to be to catch politicians out so that politicians, in turn, play a boring, defensive game.

The universal Church and global governance

In this further article on Fratelli tutti, the concept of global governance, which is a recurrent theme of papal encyclicals and other Church documents, is discussed. It is reproduced by kind permission of the Catholic Herald where it was first published.

Economists can join the brotherhood too

In his recent encyclical, Fratelli Tutti, Pope Francis was reported to be highly critical of market economics and there was a strong press response on this issue. This post argues that there is much more to the encyclical than the short sections on economics. At the same time, there is much more to the arguments for market economies than the encyclical gave credit for. This post was first published in The Tablet and is reproduced with kind permission.

Social care – a lesson in fraternity

This post is reproduced by kind permission of the Catholic Herald who first published this article. It was written before the Pope’s encyclical Fratelli Tutti was published. The encyclical covers important themes about how we should care for those in need, including the elderly.

Taking and returning liberties

AJP Taylor wrote in his Oxford History of England:

Until August 1914 a sensible, law-abiding Englishman could pass through life and hardly notice the existence of the state beyond the post office and the policeman…He could travel abroad or leave his country forever without a passport or any sort of official permission. He could exchange his money without restriction or limit. He could buy goods from any country in the world on the same terms as he bought goods at home. For that matter a foreigner could spend his life in the country without permit and without informing the police…All this was changed by the impact of the Great War…The state established a hold over its citizens which though relaxed in peace time, was never to be removed and which the Second World War was again to increase. The history of the English people and the English State merged for the first time.

Are we finally waking up to the population implosion?

A recent report in the Lancet spelled out in detail the alarming fall in fertility across the world. Demographic car crashes happen in slow motion and it has been known for years that countries such as Japan, Germany and Italy are about to enter population free-fall.