The parallels to the post-pandemic Roaring ’20s of a century ago are striking. But we have learned how to fine-tune fiscal policy in order to avoid a boom-and-bust cycle.
Economics
Posted inPolitics & Society, The Moral Economy
Inside Pope Francis’ mission to make capitalism work for the common good
More than any previous pontiff, Francis has been lobbied by C.E.O.s to soften his skepticism about capitalism, and he in turn has pressed them to better serve the poor and the planet.
Posted inPolitics & Society, Short Take
The Biblical case for forgiving student loan debt
A genuine discourse about student debt among Christians would greatly benefit from an understanding of the rationale and wisdom embedded in their ancient Mosaic laws.
Posted inDispatches, Politics & Society
Pope Francis has endorsed a universal basic income. Covid-19 could make it a reality in Europe.
As the second Covid-19 wave swept Europe so too has a burgeoning conversation about Universal Basic Income.
Posted inDispatches, Politics & Society
Zambia is first African country to default on debt during Covid. It may not be the last.
Jesuits in Africa are calling on the Catholic Church to press for better repayment terms on debt across the region.
Posted inPolitics & Society, Short Take
Joe Biden’s economic task: Not sweeping change, but restoring our nation’s working class.
Donald Trump came close to re-election because so many workers are better off, writes Joseph J. Dunn. Pursuing “justice” at the expense of economic growth would be a bad bet for the Democrats.
Posted inNews, Politics & Society
Pope Francis talks about Uighurs, George Floyd and Universal Basic Income in new interview
The book-length interview is the product of a series of exchanges between the pope and Austen Ivereigh, his English-language biographer.
Posted inArts & Culture, Television
Netflix’s ‘Selling Sunset’ basks in opulence. You should feel guilty watching it.
“Selling Sunset” paints an unapologetic portrait of our brutal capitalist culture.
Posted inFaith, Features
The church is losing touch with working-class Catholics
Mass attendance and Catholic affiliation have been eroding steadily since the 1970s for all income brackets, but the sharpest decline has been among the two bottom economic quartiles.
Posted inNews, Politics & Society
Finance measures meant to expel ‘merchants’ from the temple, pope says
Pope Francis, who enacted new transparency laws in June covering contracts for the purchase of goods, property and services for both the Roman Curia and Vatican City State offices, welcomed the experts and said their work “is particularly dear to my heart.”