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Morality, Economics and the Market in the Thought of Benedict XVI

3 Pages Posted: 24 Oct 2005  

Samuel Gregg

Acton Institute for the Study of Religion and Liberty

Abstract

While not uncritical of aspects of modern capitalism, John Paul II's 1991 social encyclical, Centesimus Annus, directed official Catholic teaching towards more explicit affirmation of the moral potential of free markets, exchange and enterprise. Analysis of the pre-pontifical writings of Pope John Paul's successor, Benedict XVI, suggests that an equally nuanced approach to economics and the market from the most authoritative Catholic teaching authority is likely to continue.

Suggested Citation

Gregg, Samuel, Morality, Economics and the Market in the Thought of Benedict XVI. Economic Affairs, Vol. 25, No. 3, pp. 52-54, September 2005. Available at SSRN: https://ssrn.com/abstract=800848

Samuel Gregg (Contact Author)

Acton Institute for the Study of Religion and Liberty ( email )

Grand Rapids, MI 49503
United States

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