Pope Francis Points to St. Francis as Example for Better World Economy

The three-day Economy of Francesco event in Assisi has seen young economists and entrepreneurs gathered from over 120 countries across the globe.

These 1,000 minds have joined forces over the last few days to follow in the footsteps of Pope Francis, who in turn follows in those of Saint Francis, to find solutions to some of the world’s biggest problems.

The young economists and Pope Francis endorse a Covenant to improve the global economic system to better the lives of all people.

Recalling the love of Saint Francis for the poor, Pope Francis insisted that the Economy of Francesco must “respect, love, and care for the poor, for every poor person, for every fragile and vulnerable person.”

This, he said, means not only working for the poor, but changing the economy: “We need not embrace poverty, as Saint Francis did, but must change the economy in order to combat the misery people face.”

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