MORALITY, ECONOMICS AND THE MARKET IN THE THOUGHT OF BENEDICT XVI

While not uncritical of aspects of modern capitalism, John Paul II's 1991 social encyclical, Centesimus Annus , directed official Catholic teaching towards more explicit affirmation of the moral potential of free markets, exchange and enterprise. Analysis of the pre-pontifical writings of Pope John Paul's successor, Benedict XVI, suggests that an equally nuanced approach to economics and the market from the most authoritative Catholic teaching authority is likely to continue.     

Catholicism and Economics: Towards a “Deeper Reflection on the Nature of the Economy and its Purposes”

Many of the problems neoclassical economic theory has in explaining the real world stem from its narrow view of human nature—the “rational economic man” model, which forces economists to exclude social and historical context. Every social theory starts with a view of human nature that necessarily comes from outside the social sciences. Philosophy and theology are the sources of our ideas about the nature of humans, society, and the good that humans pursue. Catholic Social Thought has a rich understanding of human nature, which includes both the uniqueness of persons and their inherently social nature. Starting from this foundation, economists can develop a deeper understanding of the nature of the economy. Catholic Social Thought does not offer a different economic theory or model, but it does provide an alternative vision upon which more adequate and realistic economic theories can be constructed.     

Economic growth—meritorious or meretricious: A review of social limits to growth

The recent literature on economic growth has seen a reemergence of the questioning of the value of economic growth. Prominent among this new literature is a set of contributions which seek to evaluate the social implications of the pattern of economic growth. The purpose of this paper is to review an important component of this literature—Hirsch's recent book Social Limits to Growth. The central arguments of Hirsch's analysis are evaluated from a general perspective and compared to the balance of the literature. All of the recent additions in this area seem to question the role of markets and values derived based on consumer sovereignty to establish the end results of economic activity and to evaluate the alternative possible resource allocations to obtain them.     

Just Reward: The Nature of Work and Its Remuneration in the Economics and Ethics of Henry George

Work is a fundamental reality of human existence. This essay examines in general terms the idea of work and labor, briefly explains the biblical foundation of George's perspective on work, and presents George's analysis on unemployment, technological change, and true competition. Finally, it discusses how access to the natural opportunities land provides liberates labor and advances the just distribution of wealth, connects these insights to Catholic Social Teachings (CST), and calls for more cooperation between these natural allies.     

Two Views of Social Justice: A Catholic/Georgist Dialogue

Sixteen scholars have come together in this issue to examine eight social‐justice themes from the perspectives of Catholic Social Thought and the philosophy of Henry George. The themes they address are natural law, human nature, the nature of work, the nineteenth‐century papal encyclical Rerum novarum, causes of war, immigration, development, and wealth, and neighborhood revitalization. While they sometimes wrangle with each other, their common aspiration is the same as their nineteenth‐century predecessors: to find solutions to the human suffering caused by injustice.     

Human Nature from a Catholic Perspective

Catholic views on personhood and human nature include emphasis on the dignity of each person, from womb to tomb. The claims made for this inviolable dignity invariably stem from the recognition that all human beings, regardless of their state of dependency, are made in the image of God and are thus the bearers of certain moral rights. But in our fallen state that image is wounded and needs to be repaired. Hence, Christians need to learn to recapitulate the life of Christ in their own lives by growing through the stages of human life according to the model that He presents to us. There are not only individual but corporate aspects to this growth. Catholic Social Teaching offers insights on the corporate and social condition in which we find ourselves. It has a healthy respect for the economic laws of the market and for the technical intricacies of efficient decision‐making processes in local, national, and world economies, but out of respect for human nature there are moral norms that need to be respected and that may never be violated. On the topic of property and private ownership, considerable attention is given to the very purpose of private property (namely, to provide individuals with a kind of independence that enhances their ability to do their duties to their dependence and that extends their freedom). But always correlated with this defense of private property is a sense of the social demands on private property that come from the common good and the communal purpose of all earthly goods.     

Human Work in Catholic Social Thought

In Catholic Social Thought, work is at the center of issues related to morality and economic life. It is simultaneously objective and subjective. Workers are the real agents of production, and therefore labor should have priority over capital. The able‐bodied have a moral obligation to work to obtain the things they need, but everyone has a claim on the basic necessities of life. Hence the property claims of the well‐to‐do are not to exclude the poor from what they need. The property‐right claim of stockholders depends on the firm serving work and the interests of workers. In unions, workers' natural right to form associations aligns with the right to participate in decisions affecting their lives. Numerous groups and organizations have some degree of complicity in workplace injustice and some degree of responsibility to address it.     

A REVIEW OF THE RECENT LITERATURE ON THE INSTITUTIONAL ECONOMICS ANALYSIS OF THE LONG‐RUN PERFORMANCE OF NATIONS

This paper reviews the recent (post‐2000) literature that assesses the importance of institutions as a factor determining cross‐country differences in growth rates or in the contemporary level of “prosperity.” It first sketches how institutional economics has evolved. It then examines critically the methods of analysis employed in the recent literature. The paper finds that this literature has made a major contribution to the analysis of the causes of economic growth but the relative importance of institutions as a determinant of long‐run growth and prosperity is still a wide open question.     

ETHICS AND THE MARKET ECONOMY: INSIGHTS FROM CATHOLIC MORAL THEOLOGY

The ethical dimension of market solutions to problems is often neglected by their proponents. This article examines the market from the standpoint of orthodox Roman Catholic moral theology. It illustrates how Catholic theologians have contributed to thinking about the market, draws attention to Catholicism's positive assessment of entrepreneurship, and outlines paths for future Catholic reflection on the market.     

Are Catholic primary schools more effective than public primary schools?

This paper assesses the causal effects of Catholic primary schooling on student outcomes such as test scores, grade retention, and behavior. Catholic school students have substantially better average outcomes than do public school students throughout the primary years, but we present evidence that selection bias is entirely responsible for these advantages. Estimates based on several empirical strategies, including an approach developed by Altonji et al. (2005a) to use selection on observables to assess the bias arising from selection on unobservables, imply that Catholic schools do not appreciably boost test scores. All of the empirical strategies point to sizeable negative effects of Catholic schooling on mathematics achievement. Similarly, we find very little evidence that Catholic schooling improves behavioral and other non-cognitive outcomes once we account for selection on unobservables.     

The eventization of faith as a marketing strategy: World Youth Day as an innovative response of the Catholic Church to pluralization

• The declared objective of World Youth Day (WYD), a Catholic Church event staged in a major world city every 2–3 years, is to evangelize youth – including those on the fringes of, and outside, the Church. The 20th WYD, which was held in Cologne, Germany in 2005, was the subject of a project conducted by a research consortium funded by the German Research Foundation (DFG). The preliminary hypothesis that WYD combines elements of traditionalistic festivals and modernistic events and that this combination yields a new event form – the “hybrid event” – was confirmed.
• This paper presents some of the findings gained from an ethnographic investigation of the organization of WYD that was informed by an action-theory perspective in the tradition of Peter L. Berger and Thomas Luckmann's sociology of knowledge. From this perspective, which focuses on the goals, strategies, and personal relevancies of the organizing team (German) WYD can be unequivocally reconstructed as a Catholic Church marketing event. The “product” – the Catholic faith, uniquely personified by the Pope – is presented by an elite organizing team in an atmosphere of fun and mystery that especially appeals to young people. Hence, the Catholic Church succeeds in shedding its sometimes fuddy-duddy image and in bringing young people to perceive it as a vibrant, modern religious institution. This should prove to be a competitive advantage in an age of religious pluralism.

Copyright © 2010 John Wiley & Sons, Ltd.     

The Wage Effects of Being Raised in the Catholic Religion: Does Religion Matter?

This paper provides new empirical evidence about the existence of a Catholic wage premium. A simple allocation-of-time model provides two explanations for the observation that those persons raised in the Catholic religion earn more than their non-Catholic counterparts. The Catholic religion may add to a person's stock of human capital and/or it may act as a signal of desirable labor market characteristics such as discipline, honesty, trustworthiness, and high motivation.     

Work in Roman Catholic Thought

This essay examines the idea of work in the Catholic social tradition. Following introductory comments about the Christian vision of work found in the writings of St. Paul and other early Christian authors, the essay provides seven claims as a summary of how work is treated in modern Catholic social teaching. Based on those summary claims, a vision of what good work in the Catholic tradition looks like is then developed. Finally, the phenomenon of the “gig economy” is presented as a contemporary threat to the meaning of good work.     

Who Gets on the News? The relation between media biases and different actors in news reporting on complex policy processes

Abstract

Having a voice in media is important to gain power and legitimacy in policy processes. However, media are biased in transmitting information. Using a quantitative content analysis of ten years’ news reporting around water management policies in the Netherlands, we study how much media attention different groups of actors receive and how media biases relate to this attention. Executive politicians get on the news because of their authoritative position; less authoritative actors getting on the news is more related to information biases. Information biases can thus function as a form of checks and balances in news reporting on policy processes.     

Reviewing the Working Time Directive: rationale,implementation and case law

In November 1993 the Social Affairs Council of the EU adopted the Directive on the Organisation of Working Time. The EU Commission is committed to a review of the operation of this Directive in 2003. In this paper we re‐examine the economic rationale for such regulations, assess the different legal arrangements for the implementation of the Directive and summarise recent case law. In conclusion, we suggest that the forthcoming review is likely to provide an important indicator of any EU reassessment of economic and social priorities.     

RESEARCH ON STRUCTURAL HOLES: AN ASSESSMENT ON MEASUREMENT ISSUES

Social capital theory generally analyses network structures by focusing on the connections between players. However, it has been suggested by several authors that the absence of relations in a network or ‘structural holes’ is meaningful. The aim of our paper is to provide a global survey and appraisal of the academic research on structural holes and discuss its main measurements. We adopt a bibliometric approach and identify a typology of practices, developments, and issues related to structural holes. We highlight a strand of work on operationalization of structural holes, and discuss the various measures they propose. We provide numerical examples emphasizing the respective advantages and limitations of the studied measures. Based on our results, we propose a guide to using existing measures of structural holes according to the type (simple or complex) of network.     

研发项目质量目标特性的研究

本文从各种质量管理体系标准对质量目标的要求出发,总结了研发项目质量目标制定过程中的相关问题,提出要充分发挥质量目标的指导作用和控制作用,就需要保证其科学性和权威性,而其科学性又具体体现在质量目标的全面性、层次性、可比性、协调性和可操作性等方面,其权威性除依赖于自身的科学性之外,还依赖于质量目标制定过程的权威性,质量目标结果产生与应用的权威性。     

概率论在几个经济生活问题上的应用

在经济生活中概率论的运用范围很广,作用效果显著。本文通过运用概率论的基本思想和研究方法针对三个经济问题方面给予一定的解答,为我们做出正确理智的判断提供更具权威性的意见。     

Entrepreneurship research in China: internationalization or contextualization?

Entrepreneurship is an emerging research field that has received much scholarly attention in recent decades. Given the global scope of this attention, this article compares entrepreneurship research in China with that in the USA and Europe. Based on publications in Social Science Citation Index and Chinese Social Science Citation Index databases over the past 10 years, we use bibliometric method to analyse entrepreneurship research in different regions. Our analysis shows that, on the one hand, entrepreneurship research in China has much in common with such research in the USA and Europe. In addition to borrowing ideas from Western researchers, Chinese entrepreneurship researchers study similar themes and use similar theoretical foundations. On the other hand, Chinese contextual environment helps preserve the uniqueness of its entrepreneurship research. Researchers deal with several context-specific topics such as guanxi, i.e. networks of interpersonal relationships, and its influence on entrepreneurship. We further discuss ways for Chinese researchers to explore the distinct context and contribute to the global literature.     

关于加强公立医院民主管理建设的实践

民主管理是相对于绝对服从绝对权威的管理而言的。即管理者在"民主、公平、公开"的原则下,科学的将民主管理运用到实践工作中以达到管理目标的一种管理方法。近年来,我院注重以民主管理建设核心,狠抓制度建设,规范民主管理,落实职工"四项权力",增强员工的主人翁意识,不断创新工作方法积极推进医院民主管理的进程,有力保障了医院健康和谐的发展。