Radio Maria England CREDO - Edward Hadas - Sound Economics #1
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Aug 5, 2024 Edward Hadas, an expert in the intersection of economics and Catholic teachings, delves into anthropologically sound economics with a dash of humor. He emphasizes viewing economic activities through a moral lens, rooted in Christian ethics. The discussion touches on the unpredictability of politics and its societal impacts, critiques the fixation on economic metrics, and advocates for a return to human values. Hadas also examines the transformative effects of mobile banking in Africa and how sports funding can enhance national identity.
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Catholic Social Teaching: A Hodgepodge of Wisdom
- The Catholic Church possesses extensive experience with the modern world's economic issues, like labor movements and industrialization.
- However, a comprehensive, coherent framework for understanding economics from a Catholic perspective is still lacking.
JPII's *Laborem Exercens*: A Foundational Text
- John Paul II's encyclical Laborem Exercens emphasizes a Christian anthropology of economics, focusing on human nature.
- This approach contrasts with mainstream economics, which Hadas argues is based on a flawed understanding of human motivation.
Beyond Selfishness: The Importance of Gratuity
- Conventional economics often portrays individuals as selfish actors, neglecting the role of generosity.
- Pope Benedict XVI highlighted 'gratuity', the free gift of skills and talents, as essential to a Christian economic perspective.