Radio Maria England CREDO - Edward Hadas - Sound Economics #4
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Oct 24, 2024 In this enlightening discussion, Edward Hadas, an expert in Catholic social teaching and economics, emphasizes the intersection of economics and spirituality. He explores the sanctity of work and the importance of viewing economics as a means to human flourishing, rather than just material gain. Hadas delves into modern challenges of alienation versus progress, stressing the need for cultural reproduction in a fast-paced world. The conversation draws insightful parallels with 'Fiddler on the Roof,' showcasing the ongoing clash between tradition and modernity.
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Human-Centered Economics
- Economics isn't about materialism; it's about human flourishing.
- Focus on people, not abstract principles like markets or money, to understand economic activity.
Schumacher's Impact
- Tim references E.F. Schumacher's book Small is Beautiful, highlighting its human-centric subtitle.
- Edward Hadas discusses the book's strengths and weaknesses while praising its core message.
Monopoly and Morality
- Tim recounts playing Monopoly with a friend who separated "business" from "Christian" values.
- Edward Hadas uses this anecdote to illustrate the common misconception of separating economics from ethics.
