Program Description: Catholic social teaching is about the dignity of the human person. As such, it provides guidance for the design and implementation of economic and public policy. In practice, however, political and ideological divisions often result in a clouded debate in which the dignity of the human person is lost in favor of interest and ideas favored by their proponents. In a world of infinite needs and scarce resources, this reality stands in the way of promoting the dignity of the human person as the main value of interest. How should we address this problem?
In this talk, Professor Luco will discuss how elements of economic analysis may better inform this debate by allowing policies and ideas to be discussed and evaluated on a common ground with a common objective: the dignity of the human person. Finally, he will also discuss the limits of economic analysis and what these limits mean for the policy debate in a divided world.
Our COVID response for our programs:
This event will be online only. Rest assured, this will nonetheless be a most lively and interactive lecture, with plenty of time for questions and comments with our stellar guest speaker.
About our scholar:
Dr. Fernando Luco
Assistant Professor, Texas A&M University, Department of Economics.
Dr. Luco's research focuses Empirical Industrial Organization and Applied Microeconomics. In his latest work he has studied how information disclosure affects competition, how mergers may affect strategic sophistication, and how coexisting sources of switching costs affect pricing decisions and consumer choices.