The pope versus poverty
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 13 October 2025
⏱️ 9 minutes
🧾️ Download transcript
Summary
Marketplace doesn’t always cover the goings-on of the Holy See. But when he highlights the need to combat poverty, it seems like a pretty good time to do so. In his first teaching last week, Pope Leo XIV called into question some basic tenets of mainstream economics and focused on the gap between the rich and the poor. Today, we discuss. Also on the show: the research of Nobel laureate economists and Trump's attempts to calm markets over China trade.
Transcript
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| 1:43.7 | President Trump calms the stock market, saying he'll work it out with China on trade. I'm David Brancaccio in Los Angeles. |
| 1:46.6 | U.S. stocks are recovering some of the Big Friday losses after President Trump toned down his |
| 1:52.5 | rhetoric against China. In a post on social media, President Trump says, don't worry about China. |
| 1:58.7 | It will all be fine. He appears to offer Chinese President Xi |
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