At Catholic universities such as Notre Dame, there are many efforts to harmonize Catholic doctrine with neoclassical economic theory. However, these efforts are doomed to fail as there are four major reasons that neoclassical economic theory is subversive to Catholicism: (1) Perfect competition throws ethics out the window. Neoclassical theory assumes perfectly competitive markets are [...]
Archive for August 28th, 2010
How NCL theory subverts Catholicism
Posted in Uncategorized on August 28, 2010 | 6 Comments »
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