In my last post, I noted as a “failure” of the market that a
justice system is required to provide the underlying framework of laws and
regulations for the economy and "restrain the licentiousness of men”. I
also wrote that “it is,
obvious that those who have no money cannot participate in the market. Given
the Biblical mandate to help the poor, action of some type is required to
assist those who are economically marginalized.”
I have just
read a post by Samuel Gregg at the Acton Institute that links these two
together. It can be found at http://www.acton.org/pub/commentary/2014/12/03/poverty-rule-law-human-flourishing
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