A friend wondered in a comment here (back on one of the political posts) whether I would write more about economics, specifically about how conservative vs. liberal economic principles fit into the Catholic worldview. And lo! it shall be done.
(A caveat, for non-religious readers: there will be Catholic jargon as well as economic jargon forthcoming in this series of posts, but the principles in question are ones about which non-Catholics should care as well. If a phrase like "preferential option for the poor" tickles your secular fancy, and you don't see how that can be squared with stuff that people with R next to their name tend to say, this is can be your ride too.)
I'd like to start with a reading assignment, Friedrich Hayek's "The Use of Knowledge in Society."
You can read it here: https://german.yale.edu/sites/default/files/hayek_-_the_use_of_knowledge_in_society.pdf
here: https://archive.org/details/FriedrichHayekTheUseOfKnowledgeInSociety
or here: https://oll.libertyfund.org/titles/hayek-the-use-of-knowledge-in-society-1945
or enjoy a tl;dr here: https://en.wikipedia.org/wiki/The_Use_of_Knowledge_in_Society#:~:text=%22The%20Use%20of%20Knowledge%20in%20Society%22%20is%20a,Hayek%27s%201948%20compendium%20Individualism%20and%20Economic%20Order%20.
I'll give that one a few days to percolate, and then come back with what I think he's saying, and why I think it's foundational to economic conversations.
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