Private equity firms typically play their cards close to the vest and resist public scrutiny, but with the presidential candidacy of Mitt Romney, Bain Capital has become a matter of public discussion. Romney and his allies argue that his work at Bain “created jobs,” and that he is therefore well suited for the job of president, who, by popular assumption, is charged with creating jobs in the nation. President Barack Obama and his allies have responded that, in...
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Daniel K. Finn teaches economics and theology at the College of St. Benedict and St. John’s University. His most recent book is The Moral Dynamics of Economic Life: An Extension and Critique of Caritas in veritate (Oxford, 2012).