First, throughout history, free-market capitalism has been a great driver of economic growth ..
Second, "trickle-down" is not a theory but a pejorative used by those on the left to describe a viewpoint they oppose. It is equivalent to those on the right referring to the "soak-the-rich" theories of the left. It is sad to see the pope using a pejorative, rather than encouraging an open-minded discussion of opposing perspectives.
Third, as far as I know, the pope did not address the tax-exempt status of the church ..
segunda-feira, dezembro 09, 2013
O Papa anticapitalista
The Pope's Rhetoric por Greg Mankiw: