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Big news – “Bishops don’t put their foot in it”

Philip Booth
4 March 2010

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Yesterday, the Catholic Bishops issued a document Choosing the Common Good which is intended to guide Catholics in the run up to the general election and beyond. Unlike its predecessors such as Taxation for the Common Good and The Common Good and the Catholic Church’s Social Teaching it has not hit the headlines. This is because, in contrast to the other documents, it is sober, well written, does not take the Bishops beyond their competences on technical economic matters and does not misrepresent aspects of the tradition of Catholic social teaching through a partial and selective analysis. There is nothing like the ghastly suggestion that tax is like the string that binds society together that appeared in Taxation for the Common Good (perhaps that document should have been followed by one on regulation that could have stated that “regulation is like the red tape that binds society together”).

Philip Booth
Philip Booth is Senior Academic Fellow at the Institute of Economic Affairs. He is also Director of the Vinson Centre and Professor of Economics at the University of Buckingham and Professor of Finance, Public Policy and Ethics at St. Mary’s University, Twickenham. He also holds the position of (interim) Director of Catholic Mission at St. Mary’s having previously been Director of Research and Public Engagement and Dean of the Faculty of Education, Humanities and Social Sciences. From 2002-2016, Philip was Academic and Research Director (previously, Editorial and Programme Director) at the IEA. From 2002-2015 he was Professor of Insurance and Risk Management at Cass Business School. He is a Senior Research Fellow in the Centre for Federal Studies at the University of Kent and Adjunct Professor in the School of Law, University of Notre Dame, Australia. Previously, Philip Booth worked for the Bank of England as an adviser on financial stability issues and he was also Associate Dean of Cass Business School and held various other academic positions at City University. He has written widely, including a number of books, on investment, finance, social insurance and pensions as well as on the relationship between Catholic social teaching and economics. He is Deputy Editor of Economic Affairs. Philip is a Fellow of the Royal Statistical Society, a Fellow of the Institute of Actuaries and an honorary member of the Society of Actuaries of Poland. He has previously worked in the investment department of Axa Equity and Law and was been involved in a number of projects to help develop actuarial professions and actuarial, finance and investment professional teaching programmes in Central and Eastern Europe. Philip has a BA in Economics from the University of Durham and a PhD from City University.



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