OSV: Reckless "Holy Entrepeneurship"
Tue, Apr10, 2007 - Category: Miscellaneous
April 8, 2007 - "If I Were A Rich
Man"
by Greg Erlandson, President and Publisher of Our Sunday Visitor
"Those whom the gods wish to destroy, they first introduce to Tom Monaghan."
The fact that a large Catholic publisher is now willing to openly discuss Monaghan's management is even more significant than the pubisher's analysis; to date, Catholic media has largely avoided the story, save a few small brave "orthodox" publishers.
Access to the full OSV article requires a subscription, but "fair-use" excerpts can be found at this link:
by Greg Erlandson, President and Publisher of Our Sunday Visitor
"Those whom the gods wish to destroy, they first introduce to Tom Monaghan."
The fact that a large Catholic publisher is now willing to openly discuss Monaghan's management is even more significant than the pubisher's analysis; to date, Catholic media has largely avoided the story, save a few small brave "orthodox" publishers.
Access to the full OSV article requires a subscription, but "fair-use" excerpts can be found at this link:
Excerpts:
"The body count - including several folks I've known over the years - is high from projects that lost their funding or were suddenly cast aside when priorities shifted. Recent uproars include his handling of Ave Maria College and [the] Law School in Michigan. In the wake of such abrupt decisions, professors, students, entrepeneurs, and good and faithful Catholics have sometimes been left adrift, scrambling to keep themselves afloat as the Monaghan enterprise sails on to other interests."
"There is a book to be written someday about wealthy Catholics who, with more money than insight, decide to single-handedly "save" the Church."
"What has become clear to me is that it takes as much work to give one's money away wisely and justly as it does to earn it in the first place."
OSV - full article (subscription required)
UPDATE, 4/12/07 - On the theme of "wealthy Catholics with more money than insight", a reader of AveWatch submits an interesting article from 1993 that examines the follies of the De Rance Foundation run by Harry John, heir to the Miller Brewery fortune.
h/t T.S.
"The body count - including several folks I've known over the years - is high from projects that lost their funding or were suddenly cast aside when priorities shifted. Recent uproars include his handling of Ave Maria College and [the] Law School in Michigan. In the wake of such abrupt decisions, professors, students, entrepeneurs, and good and faithful Catholics have sometimes been left adrift, scrambling to keep themselves afloat as the Monaghan enterprise sails on to other interests."
"There is a book to be written someday about wealthy Catholics who, with more money than insight, decide to single-handedly "save" the Church."
"What has become clear to me is that it takes as much work to give one's money away wisely and justly as it does to earn it in the first place."
OSV - full article (subscription required)
UPDATE, 4/12/07 - On the theme of "wealthy Catholics with more money than insight", a reader of AveWatch submits an interesting article from 1993 that examines the follies of the De Rance Foundation run by Harry John, heir to the Miller Brewery fortune.
h/t T.S.