This classic introduction to the basics of economic theory offers a constructive approach to economic education by defining terms and introducing key concepts without using insider jargon and complex theories. The fundamental questions about why the economy fluctuates and how small farmers, small business people, families, consumers, and innovators are affected by these fluctuations are considered. Serious alternatives to modern economic theories are explained, with attention to the realities that have been largely unchanged through the last century.
Hilaire Belloc is a former member of parliament in the British House of Commons. He is the author of more than 100 books, including Charles I, The Free Press, and The Restoration of Property. Edward A. McPhail is an assistant professor of economics at Dickinson College in Carlisle, Pennsylvania. Alberto Piedra is a professor emeritus of economics at Catholic University of America, where he was a chairperson of the economics department.
Catholicism, Protestantism, and Capitalism is one of the most scholarly and comprehensive treatments of the antagonism between Catholic doctrine and the capitalist spirit. As such it is eminently persuasive. The author, Amintore Fanfani, was the Chair of Economic History at the University of the Sacred Heart, Milan, Italy, and was the heir to a long and unmatched tradition of Italian Social Catholicism, a tradition effectively sanctioned and promoted by Popes Leo XIII and St. Pius X. Catholicism, Protestantism, and Capitalism will be of particular interest to those seeking to better understand both the preconceptions and mentalities that the pioneers of the capitalist system possessed, and the reaction of Catholicism to that system. The book demonstrates, conclusively, that there is a scholarly, intelligent, and convincing answer to the propaganda which suggests that the world is irreparably divided into two camps, the capitalist and socialist.
Distributist Perspectives is a collection of essays by leading thinkers of the school of English Distributists that in the 1920s and 1930s articulated a humane vision of social and economic life based upon the Social Doctrine of the Church. Subtitled "Essays on the Economics of Justice and Charity," and including essays by Hilaire Belloc, G. K. Chesterton, George Maxwell, Harold Robbins, Cdr. Herbert Shove, H. J. Massingham, and Eric Gill, this first collection of Distributist writings serves as an introduction to the depth and coherence of the Distributist position on such essential topics as the nature of work, the role of tradition, the dangers of industrialism, and the importance to the family and the State of the widespread distribution of ownership of productive property. Volume I of the series offers a rare glimpse through true, primary source material, of the seriousness and persuasiveness of the critique of modernity by some of the finest English Catholic minds of last century. This first volume of Distributist Perspectives also offers a newly edited edition of the Distributist Manifesto, written by Arthur J. Penty for the Distributist League in 1937.
For Chesterton fans this collection of articles written over eighty years ago are vintage G. K. The author arranged the articles in book format by sections and chapters giving to the whole the salient title: The Outline of Sanity. Accused by thickheaded social "progressives" of wanting to push society back into an antiquated agrarian provincialism, these insightful socio-economic indictions ought rather to have heralded the Catholic thinker as today’s prophet for social sanity. The perennial truths of the principles making up these critical commentaries will surely be even more evident in today’s restless age of stroboscopic consumerism. Master of paradox that he is, Chesterton, the philosopher, exposes the enslaving and dehumanizing aspects of an economy dependent upon monopolistic plutocrats and their so-called "labor saving" machines of mass production. With his penchant for balancing satire with humor, this literary giant provides a common sense solution to this age’s fast pace trek to nowhere. Modern man must be weaned gradually, he argues, back away from the imperialistic megalith corporation as a statistical wage earner and be productive on his own terms, on his own land. In order for man to achieve happiness, his true end, he must not build his life around some ephemeral retirement plan, but live each day for his real end: eternal retirement with God. Taking the original sense of the word economy as domestic harmony the ideal which the author champions is simply called Distributism. It is the very antithesis of Monopoly.
The major works of compadres G.K. Chesterton and Hilaire Belloc have been widely circulated in the past few decades among an expanding circle of Catholics seeking a more universal knowledge of our Christian perspective, history and faith. At this time Loreto Publications cannot carry these treasures of wisdom, which are voluminous (Belloc wrote about 150 books), however a good supply can be obtained from other Catholic publishers. What we have chosen to do is periodically promote certain of their productions which we feel are particularly timely and potentially formative. Outline of Sanity and The Free Press preeminently qualify as fare for any soldier whose enlistment in the Church militant is more than perfunctory. The Free Press is a new release from IHS Press. It was written in 1917, the same year Our Lady came to Fatima. The media’s manipulation of thought among the masses, which Belloc warned about back then, by the financial power elite (motivated by capitalist interest rather than truth) has grown exponentially over these last four score industrial and technological decades. Yet this eighty page essay is not a wailing sheet of moral nor intellectual despair. The mighty author was too much of a Catholic, too much a man of hope, to see nothing but gloom and darkness on the literary horizon.
Twelve Types is a collection of short biographical essays, by one of 20th-century England's greatest essayists. In keeping with the spirit of IHS Press, that there is a Catholic way to look at everything, this book evaluates the place of such figures as Tolstoy, St. Francis, Savonarola, William Morris, and others, in the history of the West and from an unabashedly Catholic perspective. With typical wit and flair, Chesterton accomplishes what modern biography most often fails to do: discuss the important and central elements of the characters it presumes to examine, while omitting tedious discussion on matters of little import. Chesterton looks at the souls, the characters, and the lives of some of the West's most important figures, providing modern readers with a sane and Catholic orientation to their approach to these great individuals. Originally published: London, 1905.
IHS Press is pleased to present a new Preface to this edition by Dr. Malcolm Brennan. Malcolm Brennan is Professor Emeritus of English Literature at the Citadel, South Carolina, and is the author of numerous works, including a collection of essays on the history of the English martyrs. The social doctrine isn't just about economics. Make this slim volume part of your Catholic cultural library today!
Jean OussetAction is a definitive manual on Catholic Action by one of the 20th Century's great lay Catholic scholars of Catholic Action. This book discusses not only the theory of Catholic Social Action but examines it from practical standpoints: why should Catholic laymen feel called to action for the spread of Catholic social principles in society, how can they make that action effective, and how can they manage the resources available for action. Anyone who has ever felt that something must be done to save society from chaos and collapse should consider this book a must read.