Pope Francis Invites Young Economists and Entrepreneurs to Assisi to Propose a Pact for a New Economy

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From 26 to 28 March 2020 the city of Assisi will host The Economy of Francis, an international event aimed at young economists, entrepreneurs, and change-makers engaged in thinking and practicing a different type of economy. The invitation to participate comes directly from Pope Francis, through a letter in which he invites young economists and entrepreneurs from all over the world of all backgrounds and beliefs to the City of St Francis, which is a symbol of humanism and fraternity. The goal of the meeting is to initiate a process of global change to build a more just, inclusive and sustainable economy that does not leave people behind. The event is organized by a committee composed of the Diocese of Assisi, the Assisi City Council, the Seraphic Institute of Assisi and the Economy of Communion.

Logo EoF 03 rid 350The most complex problems in today’s world, from safeguarding the environment to justice for the poor, need a courageous commitment to rethinking the economic paradigms of our time. In the Encyclical Letter Laudato si’, the Holy Father recalled that everything is intimately connected and that the Earth is our “common home”. He launched an appeal to defend it and all of humanity that inhabits the Earth. He warned us against the careless exploitation of resources and short-sighted policies that look to immediate success without prospects for the long-term. Inspired by the example of St Francis, it is therefore necessary to rebuild a new integral ecology, one that is inseparable from the concept of the common good, which must be implemented through choices based on solidarity and the “preferential option for the poor” starting “from solving the structural problems of the world economy.”

«Pope Francis’ invitation to young economists and entrepreneurs is an event that marks a historic step forward because it brings together two of the Pope’s key themes and passions: his priority for the youth and his pursuit of a new type of economy. In his name, we are inviting young economists and entrepreneurs who are more sensitive to the spirit of Francis’ Oikonomia, to share with them the best of today’s economic thought and practices around the world. The word Oikonomia brings together many realities: the Greek root recalls household management but it also refers to the care of our common home, the OIKOS. We also consider it in reference to Oikonomia as understood by the Fathers of the Church: a theological category of universal salvation. Assisi is an essential part of the event because it is a city that points to a different type of economy. Various venues in Assisi will host parts of the program, which will be built around the three pillars of Francis’ Oikonomia: the youth, the environment and the poor», says Prof. Luigino Bruni, Scientific Director of the Committee.

For Pope Francis, the event represents the consolidation of a “pact to change the current economy and give a soul to the economy of tomorrow”. It intends to give hope for the rights of future generations, for welcoming life, for social equity, for the dignity of workers and the preservation of our planet. From 26 to 28 March 2020, The Economy of Francis will consist of workshops, artistic events, seminars and plenary sessions with renowned economists and experts in sustainable development and the humanities, who will reflect and work together with the youth.

You can register and reserve your spot at this historical event at www.francescoeconomy.org

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