Jeffrey Tucker: Why (Some) Catholics Don’t Understand Economics
Acton University faculty member Jeffrey Tucker has aninsightful essay over at , “Why Catholics Don’t Understand Economics.” Throughout the piece, Mr. Tucker employs a distinction between scarce, economic goods, and non-scarce, infinitely distributable, spiritual goods: I have what I think is a new theory about why this situation persists. People who live and work primarily within the Catholic milieu are dealing mainly with goods of an infinite nature. These are goods like salvation, the intercession of saints, prayers of an...