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. ...
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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...
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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...
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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...
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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:...
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The Importance of Capital in Economic Theory

By Robert P. Murphy One of the central features of the market economy is capital. Indeed, the system of free enterprise and private property is often denoted by the term capitalism. Economists, in turn, have always included the concept of capital in their theories and models,...
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Having It Is Sinful

By Anthony de Jasay Pope Francis is setting a course for the Church that risks subverting and degrading it and that harms both the spirit and the wellbeing of much of humanity. Early Christianity was essentially a church of and for the poor and the oppressed. However, it did not...
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AP IMPACT: Deadly side effect to fracking boom

By Kevin Begos and Jonathan Fahey  CLARKSBURG, W.Va. (AP) — Booming production of oil and natural gas has exacted a little-known price on some of the nation’s roads, contributing to a spike in traffic fatalities in states where many streets and highways are choked with...
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How One Silicon Valley Millionaire Is Using Tech To Spark Change In India

 By Jillian D’Onfro Karl Mehta has made quite a splash in the tech world.   He founded PlaySpan, which sold to Visa for more than $200 million in 2011. He was a White House Presidential Innovation Fellow in the program’s inaugural year. He joined Menlo Ventures in...
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Impact Investors Still Chasing A Too-Small Pool Of Companies

By Anne Field Interest in impact investing continues to increase, even as investors report a shortage of promising opportunities. That’s according to a recent study of 125 investors managing a total of $46 billion in impact investments conducted by The Global Impact Investing...
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