Economists say Catholic ethics could benefit global economic policy

Economists from Catholic institutions worldwide may differ in their approach to solutions for the economic crisis, but all agree a global strategy is required. The same economic scholars from U.S., Canadian and Australian Catholic universities also said while the Catholic Church may not be able to direct economic policy it can contribute most effectively by leading the charge in philanthropic endeavors that will ease the suffering of the most vulnerable caught up in the international crisis. “The key concern of the Catholic Church should be, as always, to look out for the poor and vulnerable, both at home and in poor countries,” said Linda Nielsen, an economics professor at St. Mary’s University College in Calgary, Alberta.