Paul Ehrlich brings his bad economics to Vatican

“People Near Train Station” by Redd Angelo (CC0 1.0) In a recent article, Kishore Jayablan of Istituto Acton addresses the controversy surrounding the Vatican’s invitation to Paul Ehrlich, a known population control activist and the author of the 1968 book The Population Bomb.  Continue Reading...

Samuel Gregg on Pope Francis and radical capitalism

AP Photo/Andrew Medichini In a recent speech delivered to a gathering of the Roman round table of The Global Foundation at the Vatican, Pope Francis addressed economics. Specifically, he suggested that a capitalist ideology which is unconcerned about the marginalized has run rampant across the world.  Continue Reading...

Pope Francis, Manzoni’s The Betrothed, and sound economics

Alessandro Manzoni Alessandro Manzoni, an Italian poet and novelist, is best known for his book The Betrothed.  Rev. Robert Sirico, president and co-founder of the Acton Institute, recently wrote an article for Crisis Magazine praising Manzoni and discussing some of the economic themes found in The BetrothedContinue Reading...

Pope Francis and his fans on the left

Since 2013 when the Argentine prelate Jorge Bergoglio officially became the head of the Catholic Church, he has emerged as a key figure in the progressive movement.  Even though Pope Francis does not claim to be a part of any political movement, it is clear that he is representative of the views that many leftists hold.  Continue Reading...

A ‘Pinocchio’ Rating for Pope Francis

Sandro Magister, Vatican correspondent for L’Espresso, notes in his Italian blog a recent TV program that “fact checks” the pope’s economics. Here’s a translation of the blog post: In his speeches Pope Francis often puts forth original theories of dubious foundations but that, for him, are of unshakable certainty and explain everything. Continue Reading...

Pope Francis to entrepreneurs: Do good, despite what culture says

Yesterday, Pope Francis hosted a private audience in his Apostolic Palace for a few hundred international entrepreneurs and business leaders. The members of the International Christian Union of Business Executives (UNIAPAC) had gathered inside the Vatican’s walls for two days of meetings for the “noble purpose of reflecting on the role of business persons as agents of economic and social inclusion.” Pope Francis, not always an affirming supporter of free market capitalism, focused on some of his usual challenging caveats to business persons. Continue Reading...

Angus Deaton schools Italians on economics

But was anyone listening? That’s my question after attending the 2015 Nobel-prize-winning economist‘s talk last night in Rome at the Vatican-sponsored Cortile dei gentili (Court of Gentiles). Like the other speakers, Deaton voiced his concerns about income inequality. Continue Reading...

Pope Francis calls climate change a sin

Pope Francis recently referred to climate change as a sin in a message he gave on the world day of prayer.  Research fellow at the Acton Institute, Dylan Pahman, had a lot to say about this in a new article at The Stream. Continue Reading...