The Church and the Market: A Catholic Defense of the Free Economy

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Lexington Books, 2005 - History - 239 pages
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In The Church and the Market: A Catholic Defense of the Free Economy, Thomas E. Woods Jr. makes a vigorous argument in favor of the market economy from a Catholic perspective. Filling a lapse in the debate on the role of religious thought in economic theory, Woods's uncompromising position, informed by the history of Catholic economic thought, shows that the long-seen contradiction between Catholic faith and support for the market economy does not exist. With attention to detail on almost all aspects of the free market, from the Federal Reserve System and inflation to antitrust legislation and labor issues, this book provides essential background for anyone interested in balancing issues of social conscience with modern economic principles.
 

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Contents

In Defense of Economics
13
Prices Wages and Labor
41
Money and Banking
87
The Economics and Morality of Foreign Aid
129
The Welfare State the Family and Civil Society
147
Answering the Distributist Critique
161
In Omnibus Caritas
213
Bibliography
219
Index
231
About the Author
239
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Page 6 - The church has no models to present; models that are real and truly effective can only arise within the framework of different historical situations through the efforts of all those who responsibly confront concrete problems in all their social, economic, political and cultural aspects as these interact with one another.

About the author (2005)

Thomas E. Woods Jr., who received his Ph.D. from Columbia University, is the author of theNew York Times bestsellerThe Politically Incorrect Guide to American History. He has written over 150 articles for popular and scholarly periodicals and is a frequent commentator on radio and television.The Church and the Market is his fourth book.

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