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John Pollard, a leading historian of the papacy, explores the transformation of the Vatican into a major financial power and the part money played in the development of the modern papacy. Using hitherto unexplored sources, he sheds new light on tensions between the Vatican's engagement with capitalism and the Church's social teaching, and conflicts between the Vatican and the Allies during the Second World War and the early Cold War.Read more
- The first scholarly study of Vatican finances in the modern period
- Contributes to debates about the relationship between the Vatican and fascism during the Second World War
- Explores the tensions between Vatican financial policies and Catholic social doctrine
Reviews & endorsements
"This excellent book treats an important though neglected subject with care and sophistication. It deserves a place on the bookshelf of anyone interested in the history of the Papacy."
David Alvarez, Saint Mary's College of California, The Catholic Historical ReviewSee more reviews
"Pollard has carried out extensive research for this study and has mined accessible archives in England, Italy, the Vatican, Luxembourg, Switzerland, and the United States. Most important, he secured access to the important diary of Negara, which gave him a vital insight into the financial operations of the papacy under Pius XI and Pius XII. On the basis of his thorough research, he is able to challenge a number of the interpretations of earlier writers on the subject. The book is well organized and well written and is enlivened by flashes of Pollard's droll sense of humor."
The International History Review
"Pollard has written an informed and thoughtful study that constitutes a significant advance over previous secondary scholarship." Business History Review Peter J. Walsh, New York University
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- Date Published: February 2005
- format: Hardback
- isbn: 9780521812047
- length: 288 pages
- dimensions: 229 x 152 x 21 mm
- weight: 0.59kg
- contains: 15 b/w illus.
- availability: Available
Table of Contents
2. The reign of Pius IX: Vatican finances before and after the fall of Rome (1850–1878)
3. The Pontificate of Leo XIII (1878–1903)
4. Vatican finances under the 'Peasant Pope', Pius X (1903–1914)
5. 'The great charitable lord'?: Vatican finances under Benedict XV (1914–1922)
6. 'Economical and prudent bourgeois'?: Pius XI, 1922–1929
7. The Wall Street crash and Vatican finances in the early 1930s
8. Vatican finances in an age of global consolidation, 1933–1939
9. Vatican finances in the reign of Pius XII: the Second World War and the early Cold War, 1939–1950
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