Rev. Robert Sirico responded over the weekend in the Detroit News to a letter disputing one of his previous columns. In “Catholic social teaching embraces markets,” (May 21) Rev. Sirico writes that “the fact that the church has no economic models to propose is not the same as saying all economic models are the same. Some have greater moral potential than others.”

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Cardinal Joseph Ratzinger, now Pope Benedict XVI, in his former role as Prefect of the Congregation for the Doctrine of the Faith, was more focused on the theological implications of political heresies such as liberation theology than he was on questions of economics. Yet Benedict has written eloquently on the subject of markets and morality, as this 1985 presentation at a Rome conference amply shows. In a paper titled Market Economy and Ethics, he affirms that “market rules function only when a moral consensus exists and sustains them.”

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In an excellent survey of the writings of Cardinal Ratzinger, Michael S. Horton explores some of the implications of the election of Pope Benedict XVI for Protestantism. After providing a brief background of the relationship between Ratzinger and Pope John Paul II, Horton addresses “some of the representative statements by Joseph Cardinal Ratzinger, to obtain a better idea of what we might expect from his pontificate. Hopefully we will see that there is much to appreciate in an age of increasing pressure to conform the church’s message to the spirit of the age, while also recognizing the distance that remains between genuinely evangelical churches and the Bishop of Rome.”

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In a special edition of Acton Commentary from Rome, Rev. Robert Sirico writes that “insofar as the new papacy has implications for economics and politics, it is in the direction of a humane and unifying liberalism. I speak not of liberalism as we know it now, which is bound up with state management and democratic relativism, but liberalism of an older variety that placed it hopes in society, faith, and freedom.”

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Notre Dame Professor John O’Callaghan offers salutary advice: to get a sense of the new pope, we should actually read what he has written (which is a lot) rather than rely on media reports. It’s part of an insightful piece posted yesterday at the Center for Ethics and Culture blog. Long, but worth the read.

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If you follow the current controversy surrounding the role of religion in American society, you might conclude that the country faces but two options: throwback theocracy or take-no-prisoners secularism. The following lines sum up an admirably clear and concise understanding of faith and politics:

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Rev. Sirico gives a brief survey of the continuity on economic thought between John Paul II and Benedict XVI in this excerpt of an interview on yesterday’s EWTN show Live from the Vatican.

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Reporting on an act of vandalism on the cathedral of Buenos Aires, Reuters asserts that Latin America is a region “whose poor and hungry often cannot afford to follow Roman Catholic doctrine.”

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Excellent and challenging comments from Cardinal Ratzinger from the conference held on April 1, 2005, at the Monastery of St. Scholastica, Subiaco, Italy. The entire text will be published by Cantagalli Editore, Italy. Full text of the extract available from the Seattle Catholic (Italian text at www.chiesa):

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Acton adjuct scholar Alejandro Chafuen argues that the new pope places the concept of freedom centrally to his thinking. And “with freedom comes an incalculability — and thus the world can never be reduced to mathematical logic,” writes Chafuen.

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