Religion, Economics, and the Future of Capitalism
Professor Woods spoke on the topic, “Religion, Economics, and the Future of Capitalism.” Mr. Woods discussed Milton… read more
Professor Woods spoke on the topic, “Religion, Economics, and the Future of Capitalism.” Mr. Woods discussed Milton Friedman’s support of free market economies and explained the relationship between history and economics. Topics included moral beliefs relating to the free market, whether Catholics support a ‘universal living wage,’ material prosperity, and Milton Friedman’s economic theories. After his presentation he answered audience members' questions.
Professor Woods wrote How the Catholic Church Built Western Civilization and The Politically Incorrect Guide to American History, both published by Regnery, and The Church and the Market: A Catholic Defense of the Free Economy, published by Lexington Books.
The Intercollegiate Studies Institute Spring Leadership Conference, “Capitalism and Freedom: Milton Friedman and the Economics of Liberty,” was held at the Columbia Club in Indianapolis. Milton Friedman was the author of Capitalism and Freedom, in which he presented his view of the proper role of competitive capitalism as both a device for achieving economic freedom and a necessary condition for political freedom. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
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