A word of advice about Rev. Robert Sirico’s just released Defending the Free Market: The Moral Case for a Free Economy: Do not tell yourself that you will “just read a chapter” in your office before settling down to do the work that you absolutely must do before your week begins. I made that mistake, and read about two-thirds of the book in one go. I only stopped reading because there was nothing left to read; I finished the book.
Sirico at one point says that a favorite compliment is “being told that I have put into words what someone has thought for a long time but never been able to articulate” (106). I can’t pay him that compliment; I can say something stronger: Sirico puts into words things I’d never thought of, but wish I had. I found myself, while reading the book, trying to take a mental note of some of his very best one liners, turns of phrase, and examples, in an effort to store them for future use.
Sirico shows repeatedly, and even doggedly, that the enemies of free markets have it exactly wrong. One doesn’t have to choose between helping the poor and markets; between health care and markets, or between protecting the environment and markets. On the contrary, as he puts it, if you want to help the poor, start a business; if you want people to receive health care, then don’t let a state-funded bureaucracy suck the compassion out of medicine, and, if you want to save tigers and elephants, then give people property rights in them, etc.