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Earthly Concerns

posted on August 22, 2012

The Catholic Church might be “as big as any company in America,” but The Economist asserts that it certainly isn’t run like a healthy enterprise. Despite all the good work the Catholic Church does for the poor, the sick, and the elderly, The Economist argues, “the finances of the Catholic church in America are an unholy mess. The sins involved in its book-keeping are not as vivid or grotesque as those on display in the various sexual-abuse cases that have cost the American church more than $3 billion so far; but the financial mismanagement and questionable business practices would have seen widespread resignations at the top of any other public institution.”

Read at The Economist