Ever since I came into contact with the Acton Institute of Grand Rapids, Michigan, I have been disturbed by its apparent tendency to view the free market as a panacea and to overextend its validity beyond its proper sphere, especially in its approach to education and the environment. However, this recent commentary by Kevin Schmiesing represents an encouraging development and could prompt a rethink on my part: The Baby Market. Writes Schmiesing:
The market is a wondrous thing. There is no better instrument for the calibration of human productivity and ingenuity to human needs and wants. But its advantages turn pernicious when it encompasses human goods that should never be reduced to monetary values.
Excellent. I hope Acton as a whole will follow Schmiesing's line of argument as it tackles other issues as well.