Thursday, May 31, 2012
â€œToward a Moral Economy: Policies and Values for the 21st Centuryâ€
Ida Noyes Hall, Max Palevsky Cinema
1212 East 59th Street
Keynote Address: Reinhard Cardinal Marx, Archbishop of Munich
Presentations: Roger Myerson, University of Chicago,
Kevin M. Murphy, University of Chicago,
and Russell Hittinger, University of Tulsa
This event opens the Fourth Lumen Christi Institute Conference on Economics and Catholic Social Thought and inaugurates the Instituteâ€™s Collaboration with the German-American Colloquium of the Katholische Sozialwissenschaftliche Zentralstelle.
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Co-sponsored by the Katholische Sozialwissenschaftliche Zentralstelle and The John U. Nef Committee on Social Thought
As the United States and the global economy continue to reel from the effects of the 2008 financial crisis, we face several questions:
- What went wrong?
- How to prevent another such crisis?
- Can there be moral responsibility in a globalized economy?
- What would a moral economy look like?
On May 31, 2012, Reinhard Cardinal Marx, the Archbishop of Munich and a leading figure in contemporary Catholic social thought, explored these questions in a major address, â€œToward a Moral Economy.â€ Two leading University of Chicago economistsâ€”Roger Myerson, winner of the 2007 Nobel Prize, and Kevin Murphy, winner of the John Bates Clark Medal and the MacArthur Fellowshipâ€”offered their perspectives. They were joined by Russell Hittinger, member of the Pontifical Academy of Social Sciences and co-chair of the Lumen Christi Instituteâ€™s Program in Catholic Social Thought.