Freakonomics Podcast on the Pope’s Critique of the Free-market system in “Evangelii Gaudium” (The Joy of the Gospel)

Jeffrey Sachs and Joseph Kaboski resonating with the Pope in this excellent Podcast by Freakonomics Radio…about the globalization of indifference….but also about the importance of the market:But on the other hand, we’ve never seen an example of any country that has escaped extreme poverty because of foreign aid or NGOs.…

Jeffrey Sachs:

SACHS: First let me say I am a believer in a market economy … and I would imagine Pope Francis, too, is a believer in a market economy, but what the Church has taught … is the idea that an economy needs a moral framework. This is a very, very basic idea that we have mostly discarded but that I believe in.

http://freakonomics.com/2013/12/19/pontiff-icating-on-the-free-market-system-a-new-freakonomics-radio-podcast/

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