Miller & Medaille on the Economy

A very interesting exchange between Robert Miller, a contributor to “First Thoughts” and to the magazine, and the Distributist writer John Medaille, published by the online magazine Dappled Things : On Truth and Trade: Economics and the Catholic Vision of the Good Life . Miller defends the “modest proposition . . . that, for people like us in a society like ours, capitalism is the most reasonable choice among the various economic systems we might adopt.” Medaille argues that “the standard model of economics has failed us. Not only has it failed to bring a stable economic order, but it has destabilized the family and the community as well, and grown the government past any reasonable bounds.”

A very interesting, and helpful, exchange, as I say.