Pope Leo XIV’s superb new encyclical, “Magnifica Humanitas,” is the most cogent Catholic critique of capitalism that I have ever read.
Economics
Pope Leo’s popularity gives Vatican finances a boost—but old questions remain
Pope Leo XIV says Vatican finances do not keep him up at night. In his first year, rising Vatican bank income and renewed interest from American Catholic donors suggest he may have reason for calm.
Christian groups appeal to IMF to do more for poor nations as global economy falters
Nations facing significant food insecurity may be pushed to the edge by debt, climate change, oil and food spikes, and US war on Iran: “Developing countries shouldn’t have to choose between paying off debt and funding schools, hospitals, or climate preparedness and response.”
The case for a universal basic income in the era of A.I.
Do we just do nothing if artificial intelligence leads to rising unemployment and poverty?
Supreme Court strikes down Trump tariffs, but relief for poorer Americans uncertain
Tyler Schipper, an associate professor of economics at the University of St. Thomas in St. Paul, Minnesota, called the ruling a good check on the president’s use of tariff power.
Pope Leo (and The Beatles) are right: Money can’t buy us love.
The people we meet as we go about God’s work are more important and more life-changing than any amount of money we could donate.
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The Catholic Church needs a healthy economy to serve the poor
In his first major document, “Dilexi Te,” Pope Leo does not talk about the creation of wealth—which is essential to any work of charity.
Pope Leo XIV is starting to correct some of Francis’ more problematic financial decisions
Pope Leo XIV has begun correcting some of Pope Francis’ more questionable financial reforms and decisions, canceling a law Monday that had concentrated financial power in the Vatican bank.
Why debt forgiveness is part of the Catholic Church’s jubilee year
This week on “Jesuitical,” Ashley and Zac sit down with Dean Detloff, a research and advocacy officer at Development and Peace – Caritas Canada, to talk about the importance of foreign debt relief in the Jubilee Year. Ashley, Zac and Dean discuss: In Signs of the Times, Ashley and Zac discuss Charlie Kirk’s memorial service, […]
