The Institute of Economic Affairs explores the ethical argument for a free economy – and why Christians are not making it. In the latest episode of its podcast, an Anglican priest and a Catholic scholar discuss that question, as well as Archbishop Justin Welby’s homily against Amazon, Jesus’ supposed condemnation of wealth, and why clergy tend to support government intervention into the economy.
“One of the problems here,” said Fr. Walker, is “ we have not made the ethical case for the free market, or for capitalism, for the last 30 years. I think that we felt that this fight was won with the fall of the Berlin Wall, and actually since the fall of the Berlin Wall, the ethical case has gotten even stronger. There has never been a greater decline in poverty across the world than we have seen since the fall of the Berlin Wall.”
You can download the podcast here.
And watch for the latest episode of our own podcast, Radio Free Acton, coming shortly.
(Photo credit: Charles Clegg. This photo has been cropped and altered for size. CC BY-SA 2.0.)