The Moral Measure of the Economy
Measures the U.S. economy against gospel values.
“By the end of this book you may not be able to explain how the Federal Reserve Bank works, but you will be very clear about the moral values that measure economic health.”
It is twenty years since the U.S. Catholic bishops issued a pastoral letter on the U.S. economy. Since then striking changes have occurred as the U.S. has become dramatically more unequal in terms of wealth, income, and opportunity. The signs are everywhere, from the fantastic salaries of corporate CEOs, the skyrocketing rates of personal and public debt, tax cuts for the wealthiest, increased job insecurity, and shrinking public services. Catholic social teaching supplies a set of criteria for evaluating the moral health of an economic system, though for most people these principles are a well-kept secret. In this clear and penetrating book, Chuck Collins and Mary Wright draw on these principles to evaluate our economy and lay out practical steps toward establishing an economy “as if people mattered.”
