With the current financial crisis, there is no time like the present for His Holiness to address the issue of economics. According to Energy Publishing, the encyclical will be a two-edged sword in which the Pope will comfort people around the world with regard to the economic situation and yet also point out the inherent evils that are present in it.

Since the late 19th century, many great encyclicals have been on economics by several vicars of Christ. Among the best are Pope Leo XIII’s Rerum Novarum and Pope Pius XI’s Quadragesimo Anno.

Our Lady of the Angels, pray for us!