As an advocate for religious freedom in full and religious freedom for all, the new pope can help to strengthen civil society and its free institutions, which are both elementary schools of democracy and barriers against the encroachment of the Leviathan state.

WSJ: What to Look for in a New Pope

In a new working paper, Leviathan in Business: Varieties of State Capitalism and Their Implications for Economic Performance, Musacchio and colleague Sergio G.

FORBES: What Capitalists Should Know About State-Owned Enterprises