The Virtuous Economy: Reforms in the Franciscan Tradition
by Dr. Roderic Hewlett Our 21st Century global economy is facing serious headwinds, personal and public debt are limiting historical options for policymakers while social and economic justice is sought after but seems a distant dream. The Virtuous Economy: Reforms in the Franciscan Tradition is a response to the call for an economic third way, first introduced by Pope John Paul II as an approach to tap a dynamic market economy, mitigate the dangers of government control of our personal and economic life, and ensure human dignity is fostered. Franciscan traditions, practices, and scholarship honed over the past eight-hundred years offer seven key themes that provide insights into how consumer-drivenreforms can change a market-based economy, one built to be just, sustainable,effective, and an efficient third way. This virtuous economy would build uponPope Francis’ call for fraternity, dignity of all of God’s creation, and a society thatelevates all humans. “Dr. Hewlett brings his expert