Author: Adam Rasmussen

In my previous post, I examined the introduction to Oeconomicae et pecuniariae quaestiones, the new Vatican document on “economic and financial issues.” Now I will examine part one, entitled “Fundamental Considerations.” It is a complete rejection of libertarianism (laissez-faire economics) in favor of what I would call “person-centered” economics. This document does not contain any detailed policy proposals (7). Figuring those out is our job, not the Vatican’s. Instead, the document expounds key principles that should form the basis of...