Managing Mammon

AS HE unveiled an extensive shake-up of the Vatican’s financial structures on July 9th, Cardinal George Pell said Pope Francis would soon name an auditor-general, free to “go everywhere and anywhere” in the walled city-state to root out pecuniary lapses. The appointment of the...
Read More →

The Economist Accuses Pope Francis of ‘Following Lenin’

By Josephine McKenna VATICAN CITY First, Rush Limbaugh and Glenn Beck labeled Pope Francis a Marxist. Now, The Economist is accusing him of following Vladimir Lenin. The respected financial magazine accused the pope of following the founder of Soviet communism in adopting an...
Read More →

None of Your Business? How Church and Finance May Profit Together.

By Carol GlatzVATICAN CITY (CNS) — When Pope Francis condemns a “cult of money” and the “dictatorship” of a faceless economy, he isn’t trying to damper entrepreneurial spirit or shutter business.What entrepreneurs and leaders need, he has...
Read More →

UK Telegraph: The Pope’s attack on capitalism shows he knows nothing about how the world really works

By Allister Heath There can be no doubt that Pope Francis is a devoted and selfless man who has dedicated his life to serving others. A phenomenal theologian, he abhors war and poverty and is an inspiration to hundreds of millions of believers; he has gained widespread respect...
Read More →

Meet the ‘evangelical’ Catholics who are remaking the GOP

BY SARAH PULLIAM BAILEY  How many voters know that former Florida Gov. Jeb Bush is a Roman Catholic? Or that Texas Sen. Ted Cruz is a Southern Baptist, not a Latino Catholic? Or that Florida Sen. Marco Rubio worships at both a Catholic parish and an evangelical church? More...
Read More →

A Cultural Case for Capitalism: Part 1 of 12

by JONATHAN WITT The West has made some remarkable steps forward culturally in the past several generations, as, for instance, in the areas of civil rights (the unborn being a notable exception), race relations, and cooperation among Christians of different traditions. ...
Read More →

Pope Francis says world economic system inevitably leads to war

By Francis X. RoccaVATICAN CITY (CNS) — Pope Francis said the world economic system inevitably promotes military conflict as a way to enrich the most powerful nations.He also condemned religious fundamentalism, defended the controversial record of Pope Pius XII and said he...
Read More →

Pope internationalizes Vatican financial watchdog agency

By Carol Glatz VATICAN CITY Pope Francis named a slate of new members to the Vatican’s financial watchdog agency, replacing an all-Italian panel with members from Italy, Switzerland, Singapore and the United States. Cardinal Pietro Parolin, Vatican secretary of state, also...
Read More →

Pope Francis Calls For ‘Legitimate Redistribution’ Of Wealth To The Poor

by  Nicole Winfield  VATICAN CITY (AP) – Pope Francis called Friday for governments to redistribute wealth to the poor in a new spirit of generosity to help curb the “economy of exclusion” that is taking hold today. Francis made the appeal during a speech to...
Read More →

Ideas Matter

By Pedro Schwartz, Let me start on a personal note and ask myself the question, why have I given much of my life to dealing in ideas? I did at different moments play practical roles both in business and politics, but I somehow I drifted away. This is not an essay in sour grapes:...
Read More →