Click here to advertise on CatholicCulture.org

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.

Additional sources for this story
Some links will take you to other sites, in a new window.

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 seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our July expenses ($16,162 to go):
$35,000.00 $18,838.29
46% 54%
Sound Off! CatholicCulture.org supporters weigh in.

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!

There are no comments yet for this item.

Subscribe for free
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Renewal with God Behind Us: Man Determines All 7 hours ago
Introducing the Church Fathers 22 hours ago
Straws in the Wind July 25
Hans Urs von Balthasar on Renewal that Matters July 25
Wrongheaded diocesan legal defenses in abuse cases July 24

Top Catholic News

Most Important Stories of the Last 30 Days
New management, new changes coming for reformed Vatican bank CWN - July 8
Sweeping reforms to Vatican's media, financial operations CWN - July 9
‘Even Genghis Khan didn’t do this’: Mosul emptied of Christians CWN - July 21