by Pope Francis
For Those who have Responsibility in Economic Matters. That economists may have the courage to reject any economy of exclusion and know how to open new paths.
It’s important to know what things are for, especially if we dedicate our lives to them. Today economists are being asked what the economy is for. The astounding thing is that in their training few were asked to ponder this question.
Kate Raworth, the proposer of the ecologically and socially sensitive ‘doughnut economics’ theory admits that when she was a student, no lecturer actually posed the question. Perhaps it was simply too dangerous and would lead to ethical and political questions concerning the distribution of wealth. Perhaps it was part of the scientific pose of economics which wanted the respectability of scientific ‘rigour’ and ‘objectivity’. But such a distancing from questions of value ignored consequences such as the economic exclusion of the poor and the destruction of the environment.




