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“Money Has to Serve, Not to Rule” July 10th, 2013
In his latest blog on Huffington Post, Fr. Seamus Finn, OMI looks at what the Pope and the SEC Chair have to say about the state of the money economy. “On the one hand, Pope Francis has been raising fundamental questions about the social purpose of the financial system and the ethical and moral policies and practices of the institutions and individuals that operate in that space. During her confirmation hearings, the new SEC chair [Mary Jo White] has reiterated the core mission of the commission and other regulators in supervision and analysis and in guaranteeing both the transparency and accountability that are the foundation for sound capital market operations….”