By William K. Black
Quito: June 21, 2015
A New York Times article entitled “Championing Environment, Francis Takes Aim at Global Capitalism” quotes a conventional Harvard economist, Robert N. Stavins. Stavins is enraged by Pope Francis’ position on the environment because the Pope is “opposed to the world economic order.” The rage, unintentionally, reveals why conventional economics is the most dangerous ideology pretending to be a “science.”
Stavins’ attacks on the Pope quickly became personal and dismissive. This is odd, for Pope Francis’ positions on the environment are the same as Stavins’ most important positions. Stavins’ natural response to the Pope’s views on the environment – had Stavin not been an economist – would have been along the lines of “Pope Francis is right, and we urgently need to make his vision a reality.”
Stavins’ fundamental position is that there is an urgent need for a “radical restructuring” of the markets to prevent them from causing a global catastrophe. That is Pope Francis’ fundamental position. But Stavins ends up mocking and trying to discredit the Pope.