Lately, Jesús Fernández-Villaverde has been looking in detail at the accelerating pace of global demographic changes. He wrote three essays, originally published in Spanish the El Confidencial newspaper, that have been adapted for a English-speaking audience.. The Demographic Future of Humanity: The Trends (Part I) [link] The Demographic Future of Humanity: Economic Challenges (Part II)…
Our own Ted Tsukahara was named “Professor of the Year” at Saint Mary’s College of California. The University’s article on his award highlights his unique qualities and his dedication to service but also his great sense of humor. Ted is also an Affiliated Member of the Brothers of the Christian Schools. Read the award article here.…
I am grateful for the opportunity to offer some reflections about the “Social Gospel”, that is, Catholic social teachings that we hold so dear, and Pope Francis’ particular call for inclusion. I believe this topic is of great significance for many reasons, not least of which because we are living in a “window of opportunity”.…
Dear reader, I am greatly honored, upon the invitation by the President of Catholic Research Economists Development Organization (CREDO), Prof. Joseph Kaboski, to contribute my ideas and realities to CREDO. This is my second year as Bishop in a diocese located in Eastern Uganda, a third world and agrarian economy! I shall try to give…
What a difference a year makes. At the time of the last newsletter, there was no way I would have imagined how much the world and the economy would change in the coming months. It’s been difficult. Many people have suffered illness, death, the loss of loved ones and jobs, and had their home and…
Pope Emeritus Benedict XVI articulated the demands placed upon us by our obligation to the vulnerable in our midst: “Jesus taught his disciples to pray by asking the Heavenly Father not for “my” but for “our” daily bread. Thus, he desired every person to feel co‐responsible for his brothers so that no one would want…
If you’ve heard of economist Julian Simon before, it is likely because he came up with the idea of vouchers as a solution to airline overbooking (Simon 1968), or won a famous bet against biologist Paul Ehrlich (Sabin 2013). However, Simon should be of special interest to Catholic economists since the lion’s share of his…
At the time of writing, close to 7 million cases of coronavirus infections have been identified globally. The actual number of people infected is likely a multiple of those estimates given lack of widespread testing in many countries and the fact that many individuals with the virus are asymptomatic. The official number of deaths from…
Between February and May, the U.S. labor market lost nearly 20 million jobs. This unprecedented decline in economic activity was fueled by the many stay-at-home directives imposed in response to the Covid-19 pandemic. As of May, the unemployment rate stood at 13.3%, a sharp increase from its 3.5% rate in February and, despite a decline…
Every year, prior to World Food Day (October 16), the United Nations releases The State of Food Security and Nutrition In The World. Among the key messages of the most recent (2018) issue are that, for the third year in a row, rising numbers of people in the world (now 821 million) suffer “undernourishment” –…