Season 6, Episode 37 This week on Freakonomics Radio: Stephen J. Dubner asks, “If we could reboot the planet and create new systems and institutions from scratch, what would that look like?” This first installment of our Earth 2.0 series is about economics, of course! You’ll hear from Nobel laureate Angus Deaton, the poverty-fighting superhero Jeff Sachs; and many others. To […]
If we could reboot the planet and create new systems and institutions from scratch, would they be any better than what we’ve blundered our way into through trial and error? This is the first of a series of episodes that we’ll release over several months. Today we start with — what else? — economics. You’ll hear from Nobel laureate Angus Deaton, the poverty-fighting superhero Jeff Sachs; and many others.
This week’s episode of Freakonomics Radio takes a look at Pope Francis’s critique of the free-market system in "Evangelii Gaudium" ("The Joy of the Gospel"), his first apostolic exhortation. (You can subscribe to the podcast at iTunes, get the RSS feed, or listen via the media player above. You can also read the transcript, which includes credits for the music you’ll hear in the episode.)
The pontiff’s 224-page document covers a wide range of topics, but a small sub-section discussing “some challenges of today’s world” has captured the most attention. Using fiery language, Pope Francis condemns a global economy that “kills,” promotes inequality, and allows “the powerful [to] feed upon the powerless.” (Rush Limbaugh argued that this sounds like “pure Marxism.”):