Catholic Economics

Inflation targets, the middle class, small businesses, new antitrust action and more this week!
Check out the inaugural issue of Social Justice Quarterly, a publication of the Leonine Institute!
https://leoinstitute.org/socialjusticequarterly/
Will the Fed's recasting of its monetary policy strategy help the US economy?
https://thehill.com/opinion/finance/514624-will-the-feds-recasting-of-its-monetary-policy-strategy-help-the-us-economy
Inflation is Higher Than the Numbers Say
https://www.nytimes.com/2020/09/02/business/inflation-worse-pandemic-coronavirus.html
The Decline of American's Upward Mobility in One Chart
https://www.zerohedge.com/markets/decline-upward-mobility-one-chart
The Economy Continues to Unravel Despite All Stimulus Measures
https://www.zerohedge.com/bailout/economy-continues-unravel-despite-all-stimulus-measures
A warning to Democrats: Small business owners are getting angry - very angry
https://thehill.com/opinion/finance/514755-a-warning-to-democrats-small-business-owners-are-getting-angry-very-angry
JPMorgan strategist says investors should get ready for Trump win
https://nypost.com/2020/09/02/jpmorgan-strategist-says-investors-should-get-ready-for-trump-win/
Why Fiverr Stock Jumped 29% Last Month
https://www.fool.com/investing/2020/09/04/why-fiverr-stock-jumped-29-last-month/
Nasdaq posts worst week since March as tech shares slide
https://finance.yahoo.com/news/stock-market-news-live-september-4-2020-221302791.html
How Do FAANG Stocks Look after market Rout?
https://www.morningstar.com/articles/1000671/how-do-faang-stocks-look-after-market-rout
Justice Dept. Plans to File Antitrust Charges Against Google in Coming Weeks
https://www.nytimes.com/2020/09/03/us/politics/google-antitrust-justice-department.html
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Levi B joins in to discuss several important reasons for homeschooling. Levi B was homeschooled for 8 years and he and his wife homeschool their children. His experience is enlightening!
Show notes:
7 Reasons School is Not An Option for My Homeschooled Kids
Home School Legal Defense Association

This is the first episode back! I'll publish an episode every weekend covering the most important economics stories. Below you'll find sources you can read yourself. Please leave any suggestions or questions in the comments! You can also find the show in audio format on Spotify or (coming soon) on your favorite podcast app. Atlanta Fed GDPnow Forecast https://www.atlantafed.org/cqer/research/gdpnow The Net Zero Agenda Threatens Your Future Clothing Purchases https://www.realclearmarkets.com/articles/2024/06/29/the_net_zero_agenda_threatens_your_future_clothing_purchases_1041046.html BP halts hiring, slows renewables roll-out to win over investors https://www.reuters.com/business/energy/bp-halts-hiring-slows-renewables-roll-out-win-over-investors-2024-06-27/ Numbers Don't Lie (on the energy transition that isn't) https://www.zerohedge.com/energy/numbers-dont-lie 46% of EV owners want to go back to gasoline cars https://x.com/4AmericanEnergy/status/1806001308207616479 The Chevron Doctrine Runs Out of Gas https://www.newsweek.com/chevron-doctrine-runs-out-gas-opinion-1919028 Most Employment Growth Since Pandemic Has Gone to Immigrants https://cis.org/Camarota/Most-Employment-Growth-Pandemic-Has-Gone-Immigrants Housing Market Update: Monthly Payments Set New Record https://www.redfin.com/news/housing-market-update-mortgage-payments-record-high-inflation-report/ Tractor Supply and consumer sovereignty https://x.com/robbystarbuck/status/1806423481283924210

I give my brief thoughts on Pope Francis' latest encyclical Fratelli Tutti.
Washington Examiner piece

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Chapter 11 of Fr. Heinrich Pesch's "Ethics and the National Economy" properly situates capitalism and socialism as extremes of economic order as envisioned by liberal individualism. He spends more time on capitalism, which is important for discussions we are having today.
Purchase Fr. Pesch's book here
http://loretopubs.org/ethics-and-the-national-economy.html
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Contact me via email: lrussell[at]leoinstitute[dot]org