Values & Capitalism is now AEI’s Initiative on Faith and Public Life. Click here to learn more about our mission and new name.


The Pope’s Half-Truth

Last Tuesday, Pope Francis turned heads by denouncing capitalism in his first apostolic exhortation, “Evangelii Gaudium” (starting on page 45): [S]ome people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will...