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7 - Subsidiarity and the Role of Regulation in the Financial Sector

Published online by Cambridge University Press:  18 June 2021

By
Philip Booth
Edited by
Daniel A. Crane  and
Samuel Gregg
Daniel A. Crane
Affiliation:
University of Michigan, Ann Arbor
Samuel Gregg
Affiliation:
Acton Institute
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Summary

Catholic social teaching has often suggested that markets need to be regulated by the government. This position has been articulated most recently in the letter from the Vatican entitled Oeconomicae et pecuniariae quaestiones published in May 2018. Of course, this perspective is not unique to the Catholic tradition, though Catholic social teaching is articulated more formally than are its equivalents in other Christian denominations.

Type
Chapter
Information
Christianity and Market Regulation
An Introduction
 , pp. 136 - 159
Publisher: Cambridge University Press
Print publication year: 2021

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