Redeeming Economics


Book Description

“Groundbreaking.” —Washington Examiner Economics is primed for—and in desperate need of—a revolution, respected economic forecaster John D. Mueller shows in this eye-opening book. To make the leap forward will require looking backward, for as Redeeming Economics reveals, the most important element of economic theory has been ignored for more than two centuries. Since the great Adam Smith tore down this pillar of economic thought, economic theory has been unable to account for a fundamental aspect of human experience: the relationships that define us, the loves (and hates) that motivate and distinguish us as persons. In trying to reduce human behavior to exchanges, modern economists have forgotten how these essential motivations are expressed: as gifts (or their opposite, crimes). Mueller makes economics whole again, masterfully reapplying the economic thought of Aristotle, Augustine, and Aquinas.




The Price of Redemption


Book Description

Beginning with the first colonists and continuing down to the present, the dominant narrative of New England Puritanism has maintained that piety and prosperity were enemies, that the rise of commerce delivered a mortal blow to the fervor of the founders, and that later generations of Puritans fell away from their religious heritage as they moved out across the New England landscape. This book offers a new alternative to the prevailing narrative, which has been frequently criticized but heretofore never adequately replaced. The author’s argument follows two main strands. First, he shows that commercial development, rather than being detrimental to religion, was necessary to sustain Puritan religious culture. It was costly to establish and maintain a vital Puritan church, for the needs were many, including educated ministers who commanded substantial salaries; public education so that the laity could be immersed in the Bible and devotional literature (substantial expenses in themselves); the building of meeting houses; and the furnishing of communion tables--all and more were required for the maintenance of Puritan piety. Second, the author analyzes how the Puritans gradually developed the evangelical impulse to broadcast the seeds of grace as widely as possible. The spread of Puritan churches throughout most of New England was fostered by the steady devotion of material resources to the maintenance of an intense and demanding religion, a devotion made possible by the belief that money sown to the spirit would reap divine rewards. In 1651, about 20,000 English colonists were settled in some 30 New England towns, each with a newly formed Puritan church. A century later, the population had grown to 350,000, and there were 500 meetinghouses for Puritan churches. This book tells the story of this remarkable century of growth and adaptation through intertwined histories of two Massachusetts churches, one in Boston and one in Westfield, a village on the remote western frontier, from their foundings in the 1660’s to the religious revivals of the 1740’s. In conclusion, the author argues that the Great Awakening was a product of the continuous cultivation of traditional religion, a cultural achievement built on New England’s economic development, rather than an indictment and rejection of its Puritan heritage.




Tragicomic Redemptions


Book Description

In the early modern period, England radically expanded its participation in an economy that itself was becoming increasingly global. Yet less than twenty years after the highly profitable English East India Company made its first voyage, England was suffering from an economic depression, blamed largely on the shortage of coin necessary to exploit those very same profitable routes. How could there be profit in the face of so much loss, and loss in the face of so much profit? In Tragicomic Redemptions, Valerie Forman contends that three seemingly unrelated domains—the development of new economic theories and practices, especially those related to global trade; the discourses of Christian redemption; and the rise of tragicomedy as the stage's most popular genre—were together crucial to the formulation of a new and paradoxical way of thinking about loss and profit in relationship to one another. Forman reads plays—including Shakespeare's Twelfth Night, The Merchant of Venice, Pericles, and The Winter's Tale, Fletcher's The Island Princess, Massinger's The Renegado, and Webster's The Devil's Law-Case—alongside a range of historical materials that provide a fuller picture of England's participation in a global economy: the writings of the country's earliest economic theorists, narrative accounts of merchants and captives in the Spice Islands and the Ottoman Empire, and documents that detail the development of the English East India Company, the Levant Company, and even the very idea of the joint-stock company. Unique in its dual focus on literary form and economic practices, Tragicomic Redemptions both shows how concepts fundamental to capitalism's existence, such as "free trade," and "investment," develop within a global context and reveals the exceptional place of dramatic form as a participant in the newly emerging, public discourse of economic theory.




Of Divine Economy


Book Description

God gives Green Stamps. A look at the theological and economic meanings of redemption.




Inheritance of Loss


Book Description

In Inheritance of Loss, anthropologist Yukiko Koga tackles complex questions of how two nations previously at war come to terms with their troubled past. Her site is Northeast China, where Japan s imperial ambitions were pursued to devastating and murderous ends in the twentieth century. There the landscape, which is still peppered with missiles and unexploded chemical weapons from the war, is the backdrop for refurbished imperial architecture and revived Japanese businesses. But the national wounds of China and Japan s history problem cannot be stitched together solely through international trade. The author shows why mutual recognition of wartime atrocities is the only thing that can allay the persistent and sporadically explosive tensions between two of the most powerful countries in the Eastern hemisphere. A milestone in memory studies that incorporates sorely needed attention to materiality and political economy, Inheritance of Loss shows just how crucial imperial legacies will continue to be despite China s and Japan s attempts to leave the past behind in pursuit of a more prosperous future."




Confidence Games


Book Description

'Confidence Games' argues that money and markets do not exist in a vacuum, but grow in a profoundly cultual medium, reflecting and in turn shaping their world. To understand the ongoing changes in the economy, one must consider the influence of art, philosophy and religion.




...and Forgive Them Their Debts


Book Description

An epic journey through the economies of ancient civilizations, and how they managed debt versus social instability. Shocking historical truths about how debt played a central role in shaping (or destroying) ancient societies (viz: Rome), and that the Bible is preoccupied with debt, not sin, which has been disturbingly inverted in modern times.




Missional Economics


Book Description

American Christians today, says Michael Barram, have a signifi­cant blind spot when it comes to economic matters in the Bible. In this book Barram reads biblical texts related to matters of money, wealth, and poverty through a missional lens, showing how they function to transform our economic reasoning. Barram searches for insight into God’s purposes for economic justice by exploring what it might look like to think and act in life-giving ways in the face of contemporary economic orthodoxies. The Bible repeatedly tells us how to treat the poor and marginalized, Barram says, and faithful Christians cannot but reflect carefully and concretely on such concerns. Written in an accessible style, this biblically rooted study reflects years of research and teaching on social and economic justice in the Bible and will prove useful for lay readers, preachers, teachers, students, and scholars.




Economic Survey


Book Description




The Economic Consequences of the Peace


Book Description

John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.