Next let us turn to Woods’ comments on my discussion of scarcity as an economic concept. I again quoted Paul Samuelson who introduces the topic as fundamental to economic analysis and concludes by saying: “If you add up all the wants, you quickly find that there are simply not enough goods and services to satisfy...
Author: Thomas Storck (Thomas Storck)
Post
Is Thomas Woods a Dissenter? A Further Reply, Pt. 3
Next we must look at another rhetorical device of Woods which serves to distract the attention of the reader from the point at issue and to prejudice him against what I actually wrote. Woods mentions the interventions of bishops’ conferences into economic matters. As a matter of fact I said ...
Post
Is Thomas Woods a Dissenter? A Further Reply, Pt. 3
Next we must look at another rhetorical device of Woods which serves to distract the attention of the reader from the point at issue and to prejudice him against what I actually wrote. Woods mentions the interventions of bishops’ conferences into economic matters. As a matter of fact I said absolutely nothing in my article...
Post
Is Thomas Woods a Dissenter? A Further Reply, Pt. 2
Dr. Woods’ article, “Catholic Social Teaching and the Market Economy Revisited: A Reply to Thomas Storck,” is, I must admit, superficially attractive. It appears to crush opposition under a weight of impressive learning. But, I would suggest, when his assertions are examined, Woods’ citation of authorities, like his argument in general, fails. I begin with...
Post
Is Thomas Woods a Dissenter? A Further Reply, Pt. 2
Dr. Woods’ article, “Catholic Social Teaching and the Market Economy Revisited: A Reply to Thomas Storck,” is, I must admit, superficially attractive. It appears to crush opposition under a weight of impressive learning. But, I would suggest, when his assertions are examined, Woods’ citation of authorities, like his ...
Post
Nationalism or Patriotism?
Those who know C.S. Lewis’s short book The Four Loves will remember that Lewis speaks of the four different kinds of love: affection, friendship, eros, and charity. But, in a preliminary chapter about “likings and loves for the sub-human,” he writes about “love of one’s country” or patriotism. He points out that, in the first...
Post
Government: Good or Bad? Big or Little?
Toward the beginning of De Caelo (On the Heavens), Aristotle makes the well-known remark that “the least initial deviation from the truth is multiplied later a thousandfold”—or, as it is sometimes phrased, “a small error in the beginning leads to a large error later on.” We can easily see that this is true, whether in...
Post
Democracy and God
Since at least the 1960’s, federal judges in the United States have overturned a number of state and federal laws dealing, broadly speaking, with marriage, sexuality, and the family—most notoriously in the 1973 Roe v. Wade decision on abortion. And numerous commentators have pointed out the constitutional absurdity of these decisions, based on no clear...