Vatican banker offers critique of Keynes
Catholic World News - February 03, 2011
Catholic social teaching, particularly in the realm of economics, is sometimes regarded as overly theoretical, notes columnist Jeffrey Tucker. But an essay by Ettore Gotti Tedeschi, the head of the Vatican bank, cannot be subject to that criticism.
Tedeschi, a professional banker with extensive practical experience, undertakes a serious and distinctively Catholic critique of the influence of the economist John Maynard Keynes, arguing that the Keynesian approach is largely to blame for the current woes of the world's financial system.
An appeal from our founder, Dr. Jeffrey Mirus:
Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach five million Truth-seeking readers worldwide this year. Thank you!
Progress toward our April expenses ($18,859 to go):
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!