Freyer:Money, money, money

Francis of Assisi is known for his love of animals and his voluntary poverty. However, his approach to money also had far-reaching social consequences. The son of a merchant represents a new spirituality. The way of life he founded had a decisive influence on the emerging economy. In over 250 writings, Franciscan sisters and brothers developed key points for an alternative economic model that serves both the common good and the interests of individuals. Questions of property, price formation, labor law, profit and return, cost-benefit principles, and much more are addressed from an ethical perspective. Even double-entry bookkeeping originated from the pen of a Minor Brother. This Franciscan economy encourages us to explore new paths in light of today's challenges, such as war, climate catastrophe, and growing poverty.