A History of the Popes: From Peter to the Present by John W. O'Malley

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By John W. O'Malley

A background of the Popes tells the tale of the oldest dwelling establishment within the Western world—the papacy. From its origins in Saint Peter, Jesus' leader disciple, via Pope Benedict XVI this day, the popes were key gamers in nearly all the nice dramas of the western international within the final thousand years. Acclaimed church historian John W. O'Malley's enticing narrative examines the 265 people who have claimed to be Peter's successors. instead of describe each one pope one after the other, the publication makes a speciality of the popes that formed pivotal moments in either church and international background. the writer doesn't turn away from controversies within the church, and contains legends like Pope Joan and a complete checklist of popes and antipopes to assist readers get a whole photo of the papacy.

This at the same time reverent but severe ebook will entice readers drawn to either faith and historical past because it chronicles the saints and sinners who've led the Roman Catholic Church during the last 2000 years. the writer attracts from his well known audio CD lecture sequence at the subject, 2,000 Years of Papal background, to be had via Now you recognize Media (www.nowyouknowmedia.com).

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Indeed, some researchers Competitive advantages of social enterprises 35 have seen the growth of not-­for-profits as a way to curb the cost of labour, with a consequent decline in employees’ well-­being as surplus is transferred to the organizations themselves, their clients, or their contracting agencies. These limitations in the interpretation of the role of not-­for-profits make existing analyses insufficient, especially given the assumption of productive goals by some of these organizations and the legal recognition of social enterprises in many European countries.

These traits are particularly important for the provision of communal services, since social enterprises often aim to satisfy 26 Carlo Borzaga and Ermanno Tortia localized needs, which have idiosyncratic features linked to a specific community that may not be satisfied in the same way in other contexts. For example, where the negative effects of de-­industrialization, such as alcoholism and unemployment, spread in particular communities, social services are best delivered by those who have deep personal knowledge of the people affected and a local understanding of the issues and resources.

Not all cooperatives suffer from this limitation in the same way, but the problem potentially exists whenever members’ interests are not highly aligned with one other. In Hansmann’s model, non-­profit firms originate in the context of asymmetric information when none of the stakeholders is able to minimize costs. Since control by a specific group of agents would entail the possibility of exploiting asymmetric information and other contractual imperfections, ownership is entirely excluded, positive residuals are devoted to the development of the firm’s activities, and the organization is managed by professionals who operate according to a statutory social mission.

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