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  • Pope Should Recognize That Free Markets Are Best Way To End Poverty

    05/20/2013 11:41:55 AM PDT · by IBD editorial writer · 23 replies
    Investor's Business Daily ^ | 18 May 2013 | Editorial
    Statism: Pope Francis seemed to have an economic blind spot, to say the least, when he urged more "state control" to cut global poverty Thursday. On the contrary — the biggest poverty-killer in history is free enterprise.Before we go further, let us say that we know that the pope does seem to have the best intentions and his devotion to the poor is indisputable. But it appears he has been infected by the local economic pathologies of his homeland, Argentina, and its liberation theology among the Jesuits, at least when he warned ambassadors about "the tyranny of money" and called...