Why I'm so different on economics.
Robert Oak of Economic Populist often gets on my back for what he calls "Economic Fiction". I think I finally realized what he means by that. He means anything outside of the axioms of economics taught by Keynes, Roosevelt, and Smith- the axioms and theories that classic economics is built on. I don't hold to those as the founding documents for my economics. Instead as a good Catholic should- as ANY good Catholic should- my economics is built on Rerum Novarum from Pope Leo XIII, Quadragesimo Anno from Pope Pius XI, Mater et Magistra from Pope John XXIII, and of course John Paul The Great's Centesimus Annus . In these, work is held as a holy good in and of itself; the product of work destined for charity to oneself, one's family, and one's community. Private property is acknowledged, but limited to doing good rather than the freedom to do evil. The power of the corporation in capitalism and the power of the state in communism or socialism is restrained...