Economics

Drucker on the church that puts economics in perspective

"The economy is a system through which we exchange value and make a contribution that benefits both ourselves and others. Accordingly, it would be tempting to arrive at some judgment of our own value as a person based on the rewards that arise through our economic participation. Of course, that isn’t true or even mostly true." - Acton

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Yet another example of how the Vatican misunderstands America . . . and economics

"The cardinal unfortunately reverts to a simplistic caricature of Adam Smith’s 'invisible hand,' contrasting it with the 'visible hand of an economy which is able to serve all members of the community well.' . . . Smith’s point was that demanding people to ignore their self-interest, as moralists are wont to do, is unrealistic and socially destructive, encouraging hypocrisy rather than virtue." - Acton

314 reads

Women, Work, and the Home: What Is a Biblical Measurement of Success?

"Mothers are invested in this process [of bearing and rearing future workers] for only a segment of their adult lives. Most women will have sixty years as an adult in which to create value through their own labors. The challenge is how to do that wisely in a culture that largely requires parenting and income generation to be done in separate places." - IFWE

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