2716popefrancis_00000001928Pope Francis’ recent comments about economics has raised concerns among conservatives and libertarians. But at National Review, James Pethokoukis says free marketeers shouldn’t take the critique so personally:

If you are a free marketeer offended by Pope Francis’s Evangelii Gaudium (“The Joy of the Gospel”) — in which he critiqued “deified” market capitalism and attacked income inequality — ask yourself: What should the leader of the worldwide Catholic Church say about economics in 2013? Should he take a victory lap over free enterprise’s defeat of Communism as if it were 1993?

[. . .]

Certainly now is not a time for “end of history” triumphalism that fails to recognize every human construct is imperfect and generates tradeoffs. We live in a fallen world. Such understanding is actually crucial to conservatism. Leave utopianism through “smarter policy” to the Left. Pro-market advocates need to consider that faster GDP growth may be necessary but not sufficient, that a rising tide may not lift all boats if accelerating automation means a vast swath of workers face unemployment or stagnant wages, as some economists on the left and right warn.

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The Modern Papacy

The Modern Papacy

Whether the subject is faith and reason, religion and the modern sciences, the roots and future of Europe, or the origin and ends of human freedom, John Paul II and Benedict XVI pose questions that simply cannot be ignored, regardless of whether one likes their answers.
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