Pope Francis has described himself as having an “a great allergy to economic things,” admitting that he doesn’t understand it very well. Does this “allergy” cause him to miss the good that the market economy has done and can continue to do for the world’s poor?
Acton Institute Director of Research Samuel Gregg examined that question today with host Hoppy Kercheval on Talkline on the West Virginia MetroNews radio network. Gregg discusses the impact that the market economy has had in cutting poverty rates worldwide in recent decades, and looks at the Pope’s statements on the market in light of his experience of a corrupt market economy in Argentina. You can listen to the interview via the audio player below.
