No Man is an Economic Island: K. Schmiesing
catholicexchange.com Reported here by: SPMG, 16 March 2009
As fallout from the financial crisis continues to drift through the economy, it may be time to pause and consider the disasterĂs larger meaning…if humankind benefits when all work cooperatively through economic institutions embedded in a rule of law, human beings suffer collectively when personal vice capitalizes on faulty institutions and exerts significant influence. Greed, irresponsibility, and irrational reactions to a faltering economy will not affect only those who are culpable of the offences…