Economics

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

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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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