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Catholic Economic Teaching

The recent controversy over Pope Francis’s economic views has raised the related issue of whether these views are consistent with the traditional Catholic economic teaching. While the answer is in the affirmative, the pope has decidedly added a new emphasis and a more urgent tone to this teaching.   Catholicism is, of course, primarily a…

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The Fraud Triangle: Reducing Fraud

Fraud is a serious issue, and while there is no way to guarantee it will not happen, it is important to try to understand why people commit it to try to prevent it. The fraud triangle simplifies the complicated structure of fraud by breaking it down to three elements: pressure, opportunity, and rationalization. When all…

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Emerging Business Models: Conscious Capitalism and Peace through Commerce

If globalization is considered the most challenging development of modern times then bioterrorism may be its most pressing concern.  Increasingly, the connections between health, development and security are becoming clear.    The advances in biotechnology, directed toward improving health status, facilitate the reality of bioterrorism, directed toward destroying quality of life and security.  Bioterrorism, which involves…

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Cultivating Ethical Business Leaders

Ever since I saw the two movies, The Smartest Guys in the Room and Inside Job, I have been plagued with the question of how business ethics are taught in business schools.  More specifically, what makes the teaching of business ethics in business schools at Catholic institutions of higher education different from the way they…

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