text: The phrase "economic freedom" occurs in Centisimus Annus and Laudato Si.  And no, I wouldn't say it is condemned (or praised).  Here's a quote from Laudato Si: "To ensure economic freedom from which all can effectively benefit, restraints occasionally have to be imposed on those possessing greater resources and financial power."
  
  It's fair to say that laissez-faire economics, like socialism (see Rerum Novarum), is incompatible with Catholic Social Teaching.  It's less fair to say that economic freedom is a "condemned ideology" instead of, as Pope John Paul II stated: "only one element of human freedom" and subject to occassional restraints in furtherance of the common good.