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…
Catholic schools serve 62 million K12 students, with Catholic universities serving millions more. Yet relatively littleapplied research by economists has been conducted on Catholic schools, especially in the developing world whereenrollment is rising quickly. I am exploring the possibility of creating a advisory team of economists who could sup-port the International Office of Catholic Education…
For more info, visit: https://www.lumenchristi.org/event/2020/05/economic-costs-of-pandemic-catholic-social-teaching-economics-in-dialogue-joseph-kaboski
Since 2017, Jesus Fernandez-Villaverde, Professor of Economics at the University of Pennsylvania and CREDO member, has taught a very interesting and unique course for a secular university. The course entitled, “Foundations of Market Economies” focuses on the role of markets in modern economies and their historical evolution but also blends in material on markets and…
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” –…
A central principle of Catholic Social Teaching (CST) is the right to food for all persons. For example, in Pacem in Terris (11) St. John XXIII states that “Every man has the right to life, to bodily integrity, and to the means which are suitable for the proper development of life; these are primarily food,…