Posted by: akostecka | September 30, 2008

Economic Truth

You gotta check out the table of contents of this Compendium.  Whoa.  Looks rich indeed, and speaks the Truth about our economic times.

This from 354.:

With a view to the common good, it is necessary to pursue always and with untiring determination the goal of a proper equilibrium between private freedom and public action, understood both as direct intervention in economic matters and as activity supportive of economic development. In any case, public intervention must be carried out with equity, rationality and effectiveness, and without replacing the action of individuals, which would be contrary to their right to the free exercise of economic initiative. In such cases, the State becomes detrimental to society: a direct intervention that is too extensive ends up depriving citizens of responsibility and creates excessive growth in public agencies guided more by bureaucratic logic than by the goal of satisfying the needs of the person.[738]

So much to chew on here.  No time to ruminate, must sleep tonight. 

I heard about this from Fr. Roderick’s Daily Breakfast #550.  Give it a listen!

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