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Economics and purposeful human action

Economics involves the study of purposeful human action. When economists write about “methodological individualism” as being at the basis of their subject, some Christians have a tendency to think that this is problematic: after all, we are called to live in society. However, methodological individualism simply means that it is only the individual that can act purposefully. We should not think of the economy as an abstraction. Economic decisions, outcomes and even complex social structures ultimately arise from the decisions of individuals. If there is dire poverty, oppression and corruption in a country, this does not happen without sinful actions by individuals in the economic sphere. Even if structures of sin exist, whereby the culture is so warped that we find it almost impossible to resist the temptation to sin ourselves (for example, if we simply cannot run our small business without paying a bribe), as St. John Paul II reminded us, such structures of sin always derive from the actions of individuals. That is true even if those actions were historical and interact with the actions of many others.

If fossil fuel subsidies are to go, politicians will have to show courage

Governments at the recent COP26 conference agreed to accelerate efforts to phase out “inefficient” fossil fuel subsidies. The qualifier is a little worrying, but it is not clear what it means so I will ignore it for the purposes of this article.

Is there a right to die? Assisted suicide, assisted dying and changing the law

‘To have a right to do a thing is not at all the same as to be right in doing it’. These words from G.K. Chesterton’s A Short History of England are a salutary reminder to those who claim certain rights. And now, not for the first time, a new right has been proposed: the right to die. Over the last few years a number of bills advocating for a change in the law to allow for assisted dying or a right to die have been brought before Parliament. All have so far failed. Yet, the assisted suicide campaign continues.

Fossil fuel companies and Christian institutions – withdraw or engage?

There is increasing pressure on Christian organisations to disinvest from fossil fuel industries, but there is surprisingly little discussion about whether this is a good idea.

Mother Teresa as a leader – what can today’s political leaders learn?

Mother Teresa

At a time when the public and the media are examining the moral compass of politicians and other public leaders, for example through the lobbying revelations of the current government, it is helpful to reflect upon what today’s political leaders can learn from leaders of the past. One such, although surprising, choice of leader to reflect upon is Mother Teresa. She is an interesting choice as she contradicts many of the common traits of today’s political leaders.

Adding diversity to the university

stained glass

Globally, there are 1,400 Catholic universities. They make a substantial contribution to the intellectual life of the Church. However, there are few Catholic higher education institutions in the UK. There is a reason for this. After the hierarchy was restored in England and Wales, the focus was on building schools and then churches without much thought being given to higher education. Indeed, most of our Catholic higher education institutions evolved from teacher training colleges.

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.

The Late Scholastics as early economists

We have posted before about the late scholastics: The late scholastics, universal human rights and discrimination and other posts on this blog on human rights, globalisation, interest and property rights have incorporated their profound impact.

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