Three Catholic Cheers for Capitalism

In recent months an informal debate on economics has been taking place over the Internet among traditional Catholics. The question, simply put, has been whether the free market is or is not in conformity with Catholic principles. Having already weighed in on this matter at considerable length in a paper for last year’s Austrian Scholars Conference (and to be published in the Spring 2003 issue of the Journal des Economistes et des Etudes Humaines), I will limit myself to a few basic points. There are some Catholic conservatives who seem to think they are striking a blow for traditional Catholicism … Continue reading Three Catholic Cheers for Capitalism