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Volume 21  Number 3  •  Winter 2017
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Pope Francis, His Predecessors, and the Market
By Andrew M. Yuengert
This article appeared in the Winter 2017 issue of The Independent Review

Earlier popes expressed unease about the market economy, but Pope Francis has rung the alarm bells. His hostility to markets poses two dangers: that it discourages constructive dialogue with business leaders and market advocates, and that it helps enact policies that drive vulnerable countries into an economic ditch.