Catholic World News

Vatican foundation announces ‘economy and society’ book prize winners

February 26, 2015

At a Vatican press conference, officials of the Centesimus Annus - Pro Pontifice Foundation announced the winners of the biennial “economy and society” book award.

Named after St. John Paul II’s 1991 social encyclical and founded by the same Pope two years later, the foundation exists to promote Catholic social teaching.

A jury chaired by Cardinal Reinhard Marx determined that the main international award would be given Pierre de Lauzun’s Finance. Un regard chrétien. De la banque médiévale à la mondalisation financière. Cardinal Pietro Parolin, the Vatican’s Secretary of State, will confer the award in May.

“De Lauzun deals with the moral problems of contemporary finance in the third part, and bases his observations on the two treasures of doctrine, namely Tradition and the Social Doctrine of the Church,” said Michael Konrad, the foundation’s secretary. “In particular, he examines the issue of the criteria in force in the financial system, the quality of price formation, the importance of long-term vision, the reality of added value and the domain of collective risk and debt.”

In addition, youth prizes will be awarded to Arturo Bellocq Montano and Alexander Stummvoll for their work on the Church’s social teaching.


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