| Summary: | Religious adherence, church attendance, and economic ideology have long been intertwined. We discuss the compatibility between Catholic doctrine and individual-based free market systems and then examine the effect of Catholic school attendance on an individual’s belief in and support for a capitalist economic system. Using individual level survey data, we find a positive relationship between attendance at Catholic schools and capitalist ideology as measured by an index that contrasts individual versus government action and responsibility in the economy. While attendance at Catholic school is associated with a stronger emphasis on individual, rather than governmental, responsibility in the economy, the effect is driven largely by Catholic high school or college attendance, reflecting an increased exposure to Catholic faith during the formative years of late adolescence.
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