Work is a Gift from God
Today is Labor Day in the United States, a day of rest for workers in this nation. The Church teaches that work is integral to human development — it is how people support families, save for the future, utilize their...
Tagged: economy
GameStop and the Call to Solidarity
GameStop made headlines this week when its stock price skyrocketed, shocking the investment community. After some hedge fund giants placed bets that the company’s stock price would fall (by short-selling the stock), their bets had abysmal results as retail investors...
Misreading Francis on Private Property
We have come to know and expect that whenever the pope writes or says anything of significance, he will earn the ire of professional provocateurs. Now, in the eighth year of Francis’s papacy, there’s a certain comforting predictability about the...
Towards an Inclusive Capitalism
One key to understanding the Church’s teaching on the economy is to ask—as Francis does in Fratelli Tutti—whether we “include or exclude those lying wounded along the roadside” (FT 69). This is, of course, a reference to the parable of...
Francis’ Vision of a Fraternal Economy
Pope Francis is signing a new social encyclical, Fratelli Tutti, this weekend. The Holy Father has spoken about human fraternity throughout his pontificate, so it’s not a surprise that he chose this topic for an encyclical. In preparation for this...
Now the Elderly Need a Pro-Life Movement
Over the last several decades, those in the pro-life community have fought tooth and nail for the rights of unborn children. We are convicted of their inherent dignity and value. The energy and passion that swells in the pro-life movement...
What Shared Suffering Means for Healthcare, Hoarders and Price Gougers
The economic effects of the COVID-19 crisis will be felt for some time, even after the current lockdown is over. In response to the threat posed by the rapid spread of the virus, governments, churches, and businesses have been enforcing...
Best of WPI, Year 1: Social Justice
In honor of our one-year anniversary, we are going to highlight some of our past pieces on various themes and topics this week. Today we’d like to share posts on six issues related to Catholic Social Teaching. Poverty and Economic...
Six principles from Oeconomicae et pecuniariae
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...
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