Thomas E. Woods, Jr., senior fellow of the Mises Institute and LRC columnist, has won the $50,000 first prize in the Templeton Enterprise Awards, for the best book in "humane economics" over the last two years.
The heralded work is his wonderful and much-needed The Church and the Market: A Catholic Defense of the Free Economy.
"Of particular interest is Professor Woods's primary target: not so much the social-gospel left but the Catholic right, which argues against free enterprise and laissez-faire with surprising intensity. By taking on these critics of the market, as versus easier leftist targets, he has set for himself the most difficult task of providing a corrective concerning economics to those who are most attached to Catholic teaching on faith and morals and yet are dogmatically attached to various forms of government intervention designed to shore up morals and faith. He shows that market economics is not contradicted by binding Catholic teaching but rather supported by it. "
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