Friday, January 19, 2018

News from the Network, Vol. 11, No. 03



Many things are in the works right now that we expect to bear fruit over the coming year, but not much on which we can report.  Mostly what we have this week are a few comments on ongoing projects and what we expect to do in the near future:

Thursday, January 18, 2018

Highlights of the Abraham Federation



Yesterday we gave a very broad overview of a solution we think Pope Francis and others ought to consider, the “Abraham Federation” as a way of defusing the situation in the Holy Land.  Today we said we’d look at some of the specifics of the proposal, the “highlights,” as it were, so here goes.  Again, be aware there might be some slight editing glitches, as the paper from which this is extracted has not been updated for a while, but the fundamentals are there:

Wednesday, January 17, 2018

The Abraham Federation



In his Urbi et Orbi address on Christmas Day 2017, Pope Francis mentioned the possibility of a “two state solution” for the Holy Land.  We think this might be something of a problem, if only because what one person means by that term never seems to mesh exactly with what another means.  And that creates a problem if you’re trying to develop a solution instead of pushing an agenda. . . .

Tuesday, January 16, 2018

The Just Third Way Hour Podcast


This week's new podcast features CESJ's own Dawn K. Brohawn, Director of Communications.  Purely by coincidence, Dawn was yesterday's guest blogger.  In this podcast, she gives an overview of her involvement in the Just Third Way movement.  Host Dave Hamill continues to turn out the high-quality productions you've come to expect from CESJ . . . and with the "best in guests," too.  Be sure you click on “Related Tracks” so you see all the episodes — otherwise, you’ll just see the first three.

Monday, January 15, 2018

The Time for New Wine



Today we have a guest blogger, Dawn K. Brohawn, CESJ’s Director of Communications, who crafted this New Year’s message a short time ago.  Although it’s a New Year’s message, it is appropriate for any time of year:

Friday, January 12, 2018

News from the Network, Vol. 11, No. 02



A somewhat slow week at CESJ headquarters, but a number of things are happening that deserve comment.  One disappointment is that, despite the beautiful weather in Northern Virginia — in the sixties! — an important trip had to be cancelled due to bad weather in the Midwest.  Other than that, however:

Thursday, January 11, 2018

Ways and Means



To continue our discussion on Pope Francis’s recent “Urbi et Orbi” Christmas message, we want to address his advocacy of the “two state” solution for Palestine.  We disagree — which should not shock even “ultramontane” Catholics, since anyone can disagree with the application of a principle, as long as there is no change in the principle.

Wednesday, January 10, 2018

Day of Reckoning



Today we have a posting that we hope will get you to look a little differently at the Annual March for Life, scheduled for Friday, January 19, 2018.  You know . . . the annual event in which a gazillion people descend on Washington, DC, and the media wave a magic wand and they all disappear. . . .

Tuesday, January 9, 2018

What Pope Leo XIII DID Say



We closed the last posting on this subject by asking, Where do ordinary people, who are ordinarily powerless, get the power to organize and act on the system?  That is, we noted that the way to restructure the social order so as to provide the proper environment within which people can live “the good life” (in the Aristotelian sense) and live and grow in virtue.

Monday, January 8, 2018

The Just Third Way Hour Podcast


Host Dave Hamill continues to turn out the high-quality productions you've come to expect from CESJ . . . and with the "best in guests," too.  Be sure you click on “Related Tracks” so you see all the episodes — otherwise, you’ll just see the first three.

Friday, January 5, 2018

News from the Network, Vol. 11, No. 01



The New Year is starting off with a lot of areas of news and interest to the Just Third Way.  Not all of them are pleasant reading, but all are important, one way or another.  Of course, virtually everything fits into the Just Third Way somehow or other.  These are what have popped up as immediately relevant this past week:

Thursday, January 4, 2018

An Application of Social Justice



Yesterday we looked at what Pope Francis said in his Urbi et Orbi address about the many problems that afflict modern society, especially as they affect children.  What His Holiness said was necessary and salutary, of course, but he did not get into a solution.  That is understandable, as you can’t do too much in a brief talk, but the impression many people no doubt got was that an increase in goodwill and personal virtue would be adequate.

Wednesday, January 3, 2018

What Pope Francis Didn’t Say



In the last few postings (with time out for Christmas, New Year’s, and the year-end news roundup), we’ve been going over Pope Francis’s Urbi et Orbi (“The City and the World”) Christmas message.  Although brief, there was a great deal of substance.  In our opinion, however, there was not enough — His Holiness highlighted some serious problems, but gave no more than a hint of a possible solution, and that inadequate (again, in our opinion).

Tuesday, January 2, 2018

The Just Third Way Hour Podcast


Our host Dave Hamill is on Holiday Hiatus, but that gives you a chance to catch up on all the episodes you missed.  Be sure you click on “Related Tracks” so you see all the episodes — otherwise, you’ll just see the first three.

Friday, December 29, 2017

News from the Network, Vol. 10, No. 52



The year just past was full of newsworthy events, so this end of year news roundup is a bit longer than most.  Fortunately, it is also full of substance, so it won't seem so very long:

Thursday, December 28, 2017

In Social Justice, Nothing is Impossible



Yesterday we closed with a brief quote from Father William Ferree’s pamphlet, Introduction to Social Justice to the effect that problems that seem insoluble when approached from an individualistic or collectivistic perspective can become resolved very easily after shifting to a socially just approach.  And since we also said that we would expand on that today, we can’t do better than extract the entire relevant passage from Father Ferree’s pamphlet:

Wednesday, December 27, 2017

No Room in the Inn



Pope Francis is again causing a bit of a stir, this time with his “Urbi et Orbi” address at Christmas.  This is another one of those things that has to be explained before it can be explained, even (or especially) to Catholics and other Christians, before it can be understood.

Tuesday, December 26, 2017

The Just Third Way Hour Podcast



Here is the latest Just Third Way Hour podcast, brought to you by the Center for Economic and Social Justice (CESJ), with your host Dave Hamill.  This is the show that asks the question, “Do you want to own, or be owned?”

Friday, December 22, 2017

News from the Network, Vol. 10, No. 51



Again, surprising this close to the holidays, we have quite a number of news items, covering everything from Pope Francis, to nineteenth century science fiction writers living in San Francisco (i.e., Robert Duncan Milne), and even G.K. Chesterton and George Bernard Shaw.  AND there is an unsolicited review of Michael D. Greaney, CESJ’s Director of Research, that describes him as “brilliant.”  Rather than keep you in suspense, then:

Thursday, December 21, 2017

The Role of Bank Reserves, II



In case you were thinking all these brilliant ideas in the last half dozen or so postings came from us (which means you probably missed the significance of all those big pictures of Dr. Harold G. Moulton and the quotes in boldface type), no, we’re just quoting from Moulton’s 1935 refutation of the monetary and banking theories underpinning the Keynesian New Deal, The Formation of Capital.

Wednesday, December 20, 2017

The Role of Bank Reserves, I



Many people misunderstand the role that reserves play in banking.  This is not unusual, for most people do not understand the role of banking.  They tend to confuse the different types of banks, and thus the unique function that each one of them performs.

Tuesday, December 19, 2017

How Banks REALLY Create Money



Last Thursday we looked at Dr. Harold Moulton’s statement about the two functions of a commercial bank, or — more specifically — how such a bank makes loans . . . which is how commercial banks create money, regardless what the Keynesians tried to tell you in all those textbooks.