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Does Walmart Do More for the Global Poor than the Vatican?

In reply to Pope Francis’s recent criticism of free market capitalism, AEI’s Mark Perry provides a provocative response. Not only do free markets do more to reduce world poverty than the Catholic Church, says Perry, one single company—Walmart—had done more for the global poor than the Vatican: I would argue that free market capitalism, American style, has done more to reduce world poverty than any anti-poverty efforts of the Catholic Church and the Vatican. Continue Reading...

Pope Economically Confused in Bolivia

Today at the Library of Law & Liberty, I examine Pope Francis’s recent speech in Bolivia, in which he calls for “an economy where human beings, in harmony with nature, structure the entire system of production and distribution in such a way that the abilities and needs of each individual find suitable expression in social life.” Continue Reading...

3 Things I Wish Pope Francis Knew About a Free Economy

Pope Francis has said that he’s generally “allergic” to financial matters. Yet that hasn’t stopped him from criticizing capitalism and suggesting radical changes for a global economic order. During his recent trip to Latin America, the pontiff has been especially denunciatory, saying the unfettered pursuit of money is “the dung of the devil.” Continue Reading...

Fujimura on Cultivating the Imagination

“The cultivation of imagination is to begin to integrate life into faith and every other facet, whether mundane or extraordinary, whether 9-5 work realities or worship in a church. Imagination is key to the thriving God intends for us.” Continue Reading...

The Unintended Irony of the ‘Communist Crucifix’

When leftist Bolivian president Evo Morales met with Pope Francis yesterday, he gave the pontiff a “communist crucifix”—a carving of Christ crucified on the hammer of a hammer and sickle. Clearly uncomfortable with the blasphemous gesture, Francis shook his head and is reported to have said “No está bien eso” – “This is not ok.” Continue Reading...