Usury in the Modern World

This is the final part of a three-part series in which I speak about ethical investing from a Catholic perspective (though there is a debate!) This series was prompted by an interview of Jacob Imam with Pints With Aquinas. In my first article, I addressed the question of ethical investing and how the USCCB has recommended Christians navigate the modern economy. In the second installation, I discussed the responsibility to invest. In this last piece, I break down usury and why (most) modern investing would not fall into this category. When discussion of investing arises in Catholic (and other circles), … Continue reading “Usury in the Modern World”

Utilitarianism’s Lack of Utility: Part II

John Rawls’s theory of ethics begins with an experiment he calls the veil of ignorance. The veil attempts to justify the principle “that free and rational persons concerned to further their own interests would accept in an initial position of equality as defining the fundamental terms of their association” (Rawls, 10) [1]. In this experiment, Rawls recognizes that information about race, wealth, and our general background will influence us in our ethical outlook. To counteract our bias, he has us imagine a “situation in which everyone is deprived of this sort of information” (17). From this experiment, Rawls argues that … Continue reading “Utilitarianism’s Lack of Utility: Part II”