Yet another example of how the Vatican misunderstands America…and economics | Acton Institute

Blithe Spirit 1 Minute

And misunderstands and misunderstands and misunderstands.

Remarks made at the Vatican press conference revealed more serious misunderstandings about the market economy which, if put into practice, would do real harm to those who are already poor and vulnerable.

Poor people do better in a free market. Command economies not so.

Published by Jim Bowman

Jim Bowman covered religion 1968-78 for the Chicago Daily News, since then has written books, articles, etc., mostly on corporate history but also on religion (Company Man: My Jesuit Life, 1950-1968), and more recently on politics (Illinois Blues: How the Ruling Party Talks to Voters -- Lulu.com, Kindle). Longtime Oak Park, Illinois, resident, he lives now on Chicago's North Side, where four of his and Winnie's six children live close by.

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