Dr. William Luckey's Blog of Catholic Truths on Economics

Where's the Recovery?

Thu, 02 Sep 2010 08:52:00 -0700

The other day, I was watching the news on television and the news anchor was interviewing an economist who was defending the government stimulus. The conversation was occasioned by the continued bad economic reports we have so learned to expect....

Further Theological Reflections on the Nature of Government

Fri, 30 Apr 2010 20:30:00 -0700

In the last article, I attempted to raise the thinking of the reader to the true nature of government as it really exists, using the Scriptures. I would like to continue that meditation now. There is a substantial difference in how St. ...

Recent Radio Appearance

Fri, 05 Mar 2010 09:12:00 -0700

Here is an MP3 file of my recent appearance (2/22/10) on the Religion, Politics, and the Culture radio program.

Theological Reflections on Government

Mon, 22 Feb 2010 08:47:00 -0700

On these pages, yours truly has discussed some of the problems of government from the economist’s point of view. Now I would like to tackle the problem of government from a theological point of view, keeping in mind that, to my knowledge, nothi...

Aristophanes on Inflation

Fri, 11 Dec 2009 10:05:00 -0700

The following article was written by Clifford F. Thies and appeared on the web site of the Ludwig von Mises Institute. http://mises.org/daily/3885 It used to be that every economist worth his salt knew Gresham’s Law (or, if he was Polish, C...

One Major Source of Our Problems

Mon, 07 Dec 2009 09:09:00 -0700

An economist friend of mine, who is a Salesian Brother, recently gave a lecture at Oxford University reminding us of one major problem that is neglected by many economists and by papal writings on economic things. Yet this just might be the bigg...

Where Is Pope Benedict Coming From?

Thu, 05 Nov 2009 16:26:00 -0700

It is interesting that we have been presented with a gift of sorts. This writer stated in another place that Popes do not reveal their sources. In the case of Pope Benedict XVI, we have an indication from what intellectual tradition he appr...

Some Suggestions for an Austrian Theory of Organizational Behavior

Thu, 15 Oct 2009 21:46:00 -0700

Introduction The purpose of this paper is to suggest ways in which the insights of the Austrian school of economics can be applied to the understanding of exactly how institutions behave. While this question has been probed som...

John Paul II: On the Cutting Edge of Catholic Social Teaching on Economics

Fri, 09 Oct 2009 07:43:00 -0700

Some people treat Catholic Social Teachings in the same way that the Church treats revealed dogma—as mostly unchanging, but that there can be some expansion to our understanding of those revealed dogmas, but no change in Social Teaching. But Ca...

Back to Nature

Fri, 25 Sep 2009 08:14:00 -0700

There are a number of Catholics, thankfully not too many, who believe that it would be more pleasing to God if we all gave up our highly technical lives, or money, vacations, etc., and lived on a subsistence level. These same folks are always ch...

Martyrdom?...What?

Thu, 10 Sep 2009 20:47:00 -0700

To many Catholics a martyr is one who dies for the Faith, usually by open persecution. We think of the Apostles, St. Stephen, St. Peter of Verona, and St. Teresa Benedicta of the Cross, among so many others. Few, however, know the origin an...

Population-Control Weirdos

Sat, 05 Sep 2009 11:28:00 -0700

The population-control weirdos believe that people are a blight on the planet. (I am not being harsh calling them weirdos—wait until you see my argument). They think that all people do is use up resources, and eventually the planet wi...

Theres a Bridge&

Thu, 27 Aug 2009 22:28:00 -0700

“Cash For Clunkers.” This, as everybody knows, was the administration’s plan to get environmentally unsound cars off the road. The idea was that if somebody had a car that had been around too long, the piston rings were pr...

What a Character!

Thu, 20 Aug 2009 16:36:00 -0700

A thorough reading of the Old Testament will show that the worst, and the most persistent, sin that the Chosen People committed was that of idolatry. They did it time and time again. This, and God’s punishments that followed, were actually pred...

My Money Lies over the Ocean&

Thu, 13 Aug 2009 21:47:00 -0700

In our last entry we discussed the necessity of savings for economic growth. It is savings which buys capital goods so that we can have consumer goods in the future. It was also pointed out that there needed to be enough savings to repair a...