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Tagged: finance

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...

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...