Home
/
RELIGION & LIBERTY ONLINE
/
Catholic Bishops and the Economy
Catholic Bishops and the Economy
May 12, 2025 1:17 AM

The United States Conference of Catholic Bishops (USCCB) web site has a new page devoted to Catholic teaching on the economy. It is essentially a reorganization of existing resources, and it does helpfully provide access to the various bishops’ statements over the course of the last couple decades, as well as Vatican sources such as the Catechism and encyclicals.

Here is not the place to revisit the whole question of the USCCB and its economic proposals and statements. Suffice it to say that, in my view, its approach has been moving in a positive direction since the release of the problematic 1987 document, Economic Justice for All. There is more focus on principles: the Catholic Framework for Economic Life (1996), and the related Ten Principles with Reflection Questions push the conscientious Catholic in the right direction, without specifying policy stands that are contingent and debatable.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Radio Free Acton: Discussion on the morality of free trade; Upstream on the letters of Russell Kirk
On this episode of Radio Free Acton, Tyler Groenendal, Foundation Relations Coordinator at Acton, speaks with Michael J. Clark, Professor of Economics at Hillsdale College, on the morality and importance of free trade. Then, on the Upstream segment, Bruce Edward Walker talks to Jim Person, author of the bookImaginative Conservatism: The Letters of Russell Kirk, about who Russell Kirk is and why he is still important today. Check out these additional resources on this week’s podcast topics: Read “Trump’s Tariffs...
How Germany handles teacher strikes
As the U.S. school year wound to a close, teachers unions waged statewide strikes in West Virginia, Arizona, and Oklahoma, and inspired associated teacher strikes in Colorado, Kentucky, and North Carolina. The walkouts, celebrated by the media as the “Red State Revolt,” received adulatory media coverage despite keeping millions of children out of school for bined total of more than a month. From across the Atlantic, the social democracy of Germany offered a much different response to teacher strikes. This...
Daniel Hannan explains why the EU is a hive of corruption
Two paths confront someone faced with an unwanted reality: reform or denial. With a report set to expose persistently high levels of corruption among its member states, the EU chose the latter option, its critics say. EU member states, programs, practices, institutions, and leaders stand accused of everything from bribery to larceny, from rigging the bidding process to influence peddling. Years ago, the mitted to report on, and reform, such practices. Instead, the EU chose to scupper the report. “In...
If work is our ‘modern religion,’ leisure is not the cure
Americans are known forworking longer hours and taking less vacation time than their counterparts in the industrialized world. In response, many are quick to decry this fact as evidence of age-old desperation and newfound decadence. If people are working long and hard, there must be problem.But is this the only possible explanation? For Benjamin Hunnicutt, professor of leisure studies at the University of Iowa, the answer is a simple and resounding “yes.” Work has e a “modern religion,” he writes,...
Humanity’s biggest surprise: dematerialization
In 1865, W. Stanley Jevons predicted that with coal reserves of 90 billion tons, England would run out within 100 years. Today, the country has between three trillion and 23 trillion ton,enough to last Britain for centuries. In 1914, the Bureau of Mines fretted that with a total future production limit of 5.7 billion barrels, the U.S. only had about a ten-year supply of oil. Today, a hundred years later, we’re estimated to have36 billion barrels left in the ground....
How a virtual central bank may have created the Bitcoin bubble
Imagine if you could own pany that had the ability to print money—literally to create the equivalent of U.S. dollars out of thin air. Here’s how it could work: pany prints it own form of currency and sends it to another firm where the newly created pseudo-money is used to purchase assets. Because of supply and demand (and a bit of investor speculation), the buying drives up the asset’s price. After the price has risen, pany then sells the asset...
Edmund Burke: Philosopher for classical education
“While classical education has exploded in recent decades, this movement of diverse schools lacks a philosophical figure who centers the goals of classical education,” says Josh Herring in this week’s Acton Commentary. “Edmund Burke could fill that need.” Burke was a minority figure in his own day, speaking truth in opposition to those who praised the revolution. Classical education is also a minority movement in the Western world today. While writing about his own world at the turn towards modernity...
North Korea and the Trump-Kim summit: Don’t ignore human rights
The changes in U.S.-North Korean relations over the past year have been drastic enough to give any casual observer whiplash: North Korean dictator Kim Jong Un and President Donald Trump have gone from openly exchanging threats of nuclear war to agreeing to the first ever meeting between a North Korean head of state and a sitting U.S. president, set to be held Tuesday in Singapore. While the progression from threats of war to overtures of peace and possible denuclearization should...
Venezuela: Latin America’s socialist nightmare
Last year, four out of 10 Venezuelans had property or money stolen. Hardly surprising since Venezuela was the least secure out of 144 nations, according to the most recent Gallup Law and Order Index. Chaos in Venezuela is creating a power vacuum, pulling regional and global powers into the South American country. Brazil has long attempted to e the regional leader and to guide other South American countries into prosperity, but has failed to properly respond to the socialist threat....
The Solow Model and the steady state
Note: This is post #82 in a weekly video series on basic economics. In the previous two videos in this series we’ve looked at a simplified Solow model. On one end of the model is input, and on the other end, we get output. What do we do with that output? Either we can consume it or we can save it, says Alex Tabarrok of Marginal Revolution University. This saved output can then be re-invested as physical capital, which grows...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved