Sunday, January 31, 2010

Thomas Storck vs. Thomas E. Woods Jr.

Thomas Storck

Economic Science and Catholic Social Teaching

The Difficulties of Thomas Woods

Is Thomas Woods A Dissenter? A Further Rely - (Part One), (Part Two), (Part Three), (Part Four)

Catholic Milieu

Foundations of a Catholic Political Order

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Thomas E. Woods Jr.

On the Actual Progress of Peoples

Catholic Social Teaching and the Austrian School Revisited: A Reply to Thomas Storck

Why I Am a Catholic Libertarian

Benedict's Revolution: The Return of the Old Latin Mass

The Church and the Market: A Catholic Defense of the Free Economy (Studies in Ethics and Economics)

The Church Confronts Modernity: Catholic Intellectuals and the Progressive Era (Religion and American Culture)

How the Catholic Church Built Western Civilization

Sacred Then and Sacred Now: The Return of the Old Latin Mass

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Ensure to view the current issue (vol. 14, 2009) of the Catholic Social Science Review, under the heading “Symposium: The Implications of Catholic Social Teaching for Economic Science: An Exchange between Thomas Storck and Thomas E. Woods, Jr., with Responses.” (Click Current Issue - HT Dr. Woods!)

6 comments:

Thomas Woods said...

Thanks for posting this. Best also to include the article Storck is trying to answer: http://www.lewrockwell.com/woods/woods127.html

Fr. D.L. Jones said...

From my friend Christopher Blosser

Coincidentally I was working on a post this weekend blogging the same exchange. =)

Woods is an interesting fellow -- in all other respects he's in the 'traditionalist' camp (Latin Mass, sharply critical of the "neocons" and anti-war, co-authored 'The Great Facade' on Vatican II with Christopher Ferrara); I've corresponded with him briefly in the past and he mentioned his economic views sharply alienated him from some former traditionalists (wedded as they are to the 'distributist' model as he only valid manifestation of Catholic Social Teaching).

He's even more free-market than Novak and Neuhaus.

Thomas Storck's also tangled w/ Robert Sirico --

and here's a response from Joe Hargrave:

Fr. D.L. Jones said...

Dr. Woods,

Thanks for your presence here. I've posted about the Symposium on the main portion of the post. Thanks for the link. Any other links or comments are always taken with gratitude.

Fr. D.L. Jones said...

Dr. Woods,

I think it would be very helpful if you could reference any good book(s) about Austrian economics for us. For those of us without a background in economics which ones serve as a good intro? Any links to on-line websites or articles would be taken as well. Thanks!

Thomas Woods said...

I think my book The Church and the Market is a good intro to Austrian economics for Catholics. The only thing I would change about that book today is the tone, which I think is too harsh here and there (though people tell me they don't find it so).

The lecture series at this link (scroll down) is very good, and can detoxify Austrian economics (because it's so commonsensical) for those who have been led to believe it involves the sacrifice of goats.

This video of mine, which I choose almost at random, gives a brief but distinctly Austrian overview of money.

I find the Austrian School endlessly fascinating. It is such a refreshing alternative to the neoclassical mainstream. It doesn't force human beings into awkward "models," it doesn't focus only on static, equilibrium analysis, etc. It looks at real people, real prices (not long-run equilibrium prices, but the actual prices that people actually encounter), and the real world. If a certain kind of Catholic would stop denouncing it for ten seconds, I guarantee they would find much of value in it.

Fr. D.L. Jones said...

Dr. Woods,

Thank you for your recommendations. Any links to articles, videos, & books are always welcome. Drop me an email and I will post about it.