Thank you to Crisis Magazine for publishing my article “Some Economic Applications of Evangelii Gaudium.”
Many free market, libertarian leaning economists have criticized the Pope’s understanding of the economy as discussed in Evangelii Gaudium. I explain why I take issue with these economists who think that any monetary generating activity is of equal value to society. To illustrate their mistake, let’s consider my expenditure of $1,000 on an abortion or $1,000 on a life-saving procedure. Clearly, the two activities are not of the same value as one activity ends life while the other saves life? Yet, according to Gross Domestic Product (GDP), America’s income goes up. Overall, I can’t help but think that Pope Francis really isn’t criticizing America’s free-market so much as he is criticizing America’s waning Christian faith and diminished moral compass. You can read more of my economic defense of Evangelii Gaudium at the Crisis Magazine website.