Bill Cohan, Columnist

Pope Francis 1, Wall Street 0

December 11, 2013 at 2:00 PM UTC

William D. Cohan, a Bloomberg View columnist, is the author of the forthcoming "The Price of Silence: The Duke Lacrosse Scandal, the Power of the Elite and the Corruption of Our Great Universities," as well as "Money and Power: How Goldman Sachs Came to Rule the World" and the New York Times best-sellers "House of Cards" and "The Last Tycoons." Cohan is a contributing editor at Vanity Fair and writes frequently for the Financial Times, Fortune, the Atlantic and the Washington Post. He worked on Wall Street as a senior mergers and acquisitions banker for 15 years. He also worked for two years at GE Capital. Cohan is a graduate of Duke University, Columbia University School of Journalism and Columbia University Graduate School of Business. "The Last Tycoons" won the 2007 Financial Times/Goldman Sachs Business Book of the Year Award.

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Say what you want about Pope Francis, he is certainly shaking up the staid Catholic Church in a most enlightened way.

The latest example of the pope’s fresh thinking can be found in his 224-page “Apostolic Exhortation” and, in particular, the paragraphs he devotes to the growing economic injustice that seems to be pervading many societies around the world today, including our own.