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An Introduction to Catholic Economics: General Welfare, Competing Perspectives, and Human Nature

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  • Alexander D. Binder

Abstract

Catholic economics is the interdisciplinary pursuit of joining Church teaching with economic science. The Church and its leaders, the Pope and Bishops, are primarily concerned with the salvation of souls and their general welfare, or the common good, and as such govern and guide the faithful to that end. Catholic scholars seeking to apply those teachings are free to and do debate the merits of particular policies or institutions. Catholic economists also question particular economic theories that contrast with Church teaching, especially with regard to human nature. This article examines these core elements of the Catholic Economics school of thought. JEL Classifications : A12, I31, Z12

Suggested Citation

  • Alexander D. Binder, 2020. "An Introduction to Catholic Economics: General Welfare, Competing Perspectives, and Human Nature," The American Economist, Sage Publications, vol. 65(2), pages 191-203, October.
    • Handle: RePEc:sae:amerec:v:65:y:2020:i:2:p:191-203
    DOI: 10.1177/0569434520947993
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    References listed on IDEAS

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    4. Keynes, John Neville, 1890. "The Scope and Method of Political Economy," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, edition 4, number keynes1890.
    5. Andrew M. Yuengert, 2012. "Practical Wisdom and Economic Models of Choice," Perspectives from Social Economics, in: Approximating Prudence, chapter 0, pages 1-10, Palgrave Macmillan.
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    More about this item

    Keywords

    Catholic; economics; general welfare; human nature;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

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