The functioning of a Free Market Economy depends on sound cultural and ethical foundations.
Recent economic development and the unprecedented financial and economic crisis we have witnessed require reflection. States have reacted with massive public spending. Whether we are already out of the crisis is highly speculative. In any case, many problems remain and the question of future sustainable development is open. We need new ideas.
The Pontifical University of the Holy Cross in Rome is trying to centre attention and interdisciplinary study on an in-depth view of economy and ethics. Through an educational and cultural programme involving the world of business and finance we hope to contribute to changing the way global economy works and to further developing the Catholic Church’s teaching on social and economic questions with moral implications. All major religions have made important contributions to social ethics. We can only solve the problems together. Therefore due attention shall also be paid to Jewish, Muslim, Hindu and Buddhist traditions of economic ethics.
Recent economic development and the unprecedented financial and economic crisis we have witnessed require reflection. States have reacted with massive public spending. Whether we are already out of the crisis is highly speculative. In any case, many problems remain and the question of future sustainable development is open. We need new ideas.
The Pontifical University of the Holy Cross in Rome is trying to centre attention and interdisciplinary study on an in-depth view of economy and ethics. Through an educational and cultural programme involving the world of business and finance we hope to contribute to changing the way global economy works and to further developing the Catholic Church’s teaching on social and economic questions with moral implications. All major religions have made important contributions to social ethics. We can only solve the problems together. Therefore due attention shall also be paid to Jewish, Muslim, Hindu and Buddhist traditions of economic ethics.
