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A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
"He must hold firm to the sure word as taught, so that he may be able to give instruction in sound doctrine and also to confute those who contradict it."
--Titus 1:9, Revised Standard Version
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LA Times—Anglican and Roman Catholic leaders say the market is lacking morals
In the midst of a global recession, religious leaders are looking beyond the recent regulatory fixes and bailouts aimed at repairing an ailing financial system.
They are questioning the underlying assumptions of a market economy that they say has lost its moral bearings.
Read it all.
Filed under: * Anglican - Episcopal • - Anglican: Latest News • Archbishop of Canterbury • Episcopal Church (TEC) • Presiding Bishop Katharine Jefferts Schori • * Economics, Politics • Economy • Corporations/Corporate Life • Credit Markets • Stock Market • * Religion News & Commentary • Other Churches • Roman Catholic • Pope Benedict XVI
LA Times—Anglican and Roman Catholic leaders say the market is lacking morals
In the midst of a global recession, religious leaders are looking beyond the recent regulatory fixes and bailouts aimed at repairing an ailing financial system.
They are questioning the underlying assumptions of a market economy that they say has lost its moral bearings.
Read it all.
Filed under: * Anglican - Episcopal • - Anglican: Latest News • Archbishop of Canterbury • Episcopal Church (TEC) • Presiding Bishop Katharine Jefferts Schori • * Economics, Politics • Economy • Corporations/Corporate Life • Credit Markets • Stock Market • * Religion News & Commentary • Other Churches • Roman Catholic • Pope Benedict XVI
Next entry (above): (London) Times: Schism closer as US Anglicans vote to overturn ban on gay ordinations
Previous entry (below): Jordan Hylden: The General Convention of Tomorrow
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After several classes in economics, I was under the distinct impression that one of the glories of the free market was that it had no moral bearings: that the happiness of shareholders and the profit was all that mattered. I see that verified every day. The few exceptions prove the rule.
July 13, 5:06 pm | [comment link]