finance

MAY’S INTENTION from POPE FRANCIS – THE WORLD of FINANCEThe Monthly Intentions of the Holy Father, offered to the people of God through the channel of his Prayer Network, name realities about our world that need prayerful reflection. These are challenges that face humanity and the church’s mission.We pray about these concerns, not to make them go away, but to open our own hearts to them, then in this way learning what we are called to do about them. These matters are not always easy – such this...
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Do we have an ethical framework that allows us to ask appropriate questions about the way in which the financial sector operates? Patrick Riordan SJ draws on a Vatican document and a book published in 2018 to explain why we need to ask particular questions about how the markets contribute to society – ultimately, do they make or take value? Experience and evidence over the last decades has demonstrated, on the one hand, how naive is the belief in a presumed self-sufficiency of the markets...