Pope Eminently Fallible on Free Markets: New at Reason
Pope Francis sure gibbers a lot about economics, and when it comes to market forces the man is anything but infallible, Andrew Heaton, Reason TV producer and professional comedian, writes.
Before we start breaking down these (literal) pontifications, let’s get one fallacy out of the way: just because someone is an authority in their field doesn’t mean they know anything about another field. If Paul Krugman started lecturing Catholics about theology, they wouldn’t seriously listen to his musings on the filioque. What next, taking Krugman’s economics seriously? Pope Francis appears to know about as much about economics as Prince Charles knows about lawn mower maintenance.
His Holiness’ apprehension of evil people like myself springs from the assumption that we’re all very selfish, and happy about it. But classical liberalism doesn’t endorse selfishness as a virtue, it just champions individuals as the primary decision-makers of society. Yes, there are some folks who go on and on about how terrific selfishness and social Darwinism are, but it’s not like we invite them to cocktail parties. In fact a lot of us volunteer and donate to charity. We just don’t like being required to.
Source: http://freedombunker.com/2017/05/05/pope-eminently-fallible-on-free-markets-new-at-reason/
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