Economics of Faith


Book Description

"This book addresses the role of religious reformers in the development of poor relief in the sixteenth century. During the Reformation, religious leaders served as catalysts, organizers, stabilizers, and consolidators of poor relief programs to alleviate poverty. Although once in line with the religious piety, voluntary poverty was no longer a spiritual virtue for many religious reformers. Rather they imagined social welfare reform to be an integral part of religious reform and worked to modify existing common chests or set up new ones. As crises and migration exacerbated poverty and caused begging to be an increasing concern, Catholic humanists and Protestant reformers moved beyond traditional charity to urge coordination and centralization of a poor relief system. For example, Martin Luther promoted the consolidation of former ecclesiastical property in the poor relief plan for Leisnig in 1523, while Juan Luis Vives devised a new social welfare proposal for Bruges in 1526. In negotiations with magistrates and city councils, reformers helped to shape various local institutions, such hospitals, orphanages, job creation programs, and scholarships for students, as well as to develop new ways of supporting foreigners, strangers, and refugees. Religious leaders contributed to caring for the vulnerable because poverty was a problem too big for any one group or one government to tackle. As religious options multiplied within Christianity, one's understanding of community would determine the boundaries, albeit contested and sometimes fluid, of responsible poor relief"--




Faith, Finance, and Economy


Book Description

This open access book seeks to foster a multidisciplinary understanding of the ties between faith, financial intermediation, and economic progress by drawing on research across economics, finance, history, philosophy, ethics, theology, public policy, law, and other disciplines. Chapters in this edited volume examine themes as consequential as economic opportunities, real world outcomes and faith; values and consumerism; faith, financial intermediation and economic development in Western and Islamic societies; and the impact of faith issues on US workers, on the workplace and religion, and on the characteristics of good wealth. Though engaging with difficult questions, this book is written in an accessible style to be enjoyed by laypeople and scholars alike.




Economics in Christian Perspective


Book Description

Victor Claar and Robin Klay introduce students to the basic principles of economics and then evaluate the principles and issues as seen from a Christian perspective. This textbook places the economic life in the context of Christian discipleship and stewardship. This text is for use in any course needing a survey of the principles of economics.




The Oxford Handbook of Christianity and Economics


Book Description

The new interdisciplinary field of Christianity and economics deals with the important and difficult questions that cluster at the boundary of these disciplines, drawing on contemporary theory and empirical findings in both fields, with roots in older discourses. This landmark volume surveys the field and advances the discussion. It deploys historical, economic, and theological analysis to search for answers.




Economics as Religion


Book Description

Robert Nelson’s Reaching for Heaven on Earth, Economics as Religion, and The New Holy Wars: Economic Religion Versus Environmental Religion in Contemporary America read almost like a trilogy, exploring and charting the boundaries of theology and economics from the Western foundations of ancient Greece through the traditions that Nelson identifies as “Protestant” and “Roman,” and on into modern economic forms such as Marxism and capitalism, as well as environmentalism. Nelson argues that economics can be a genuine form of religion and that it should inform our understanding of the religious developments of our times. This edition of Economics as Religion situates the influence of his work in the scholarly economic and theological conversations of today and reflects on the state of the economics profession and the potential implications for theology, economics, and other social sciences.




Faith and Liberty


Book Description

Most people think that free-market ideas and theories were first substanially developed in the eighteenth century by figures such as Adam Smith. In this revised edition of Faith and Liberty, Alejandro A. Chafuen illustrates this misconception by examining the sixteenth and seventeenth century writings of a group of Catholic theologians and philosophers. The Late- Scholastics, as they are called, were the first to engage in a systematic moral analysis of the ethical issues associated with trade and commerce. In doing so, they arrived at solutions that are in many senses indistinguishable from the ideas of many modern free market commentators. In this revised ediiton, Chafuen blosters his case by including recent and pertinent material which gives rise to new questions and concerns. Reading this book will force to consider what they understand to be an authentiaclly Christian approach to economic questions.




The Marketplace of Christianity


Book Description

Economics can help us understand the evolution and development of religion, from the market penetration of the Reformation to an exploration of today's hot-button issues including evolution and gay marriage. This startlingly original (and sure to be controversial) account of the evolution of Christianity shows that the economics of religion has little to do with counting the money in the collection basket and much to do with understanding the background of today's religious and political divisions. Since religion is a set of organized beliefs, and a church is an organized body of worshippers, it's natural to use a science that seeks to explain the behavior of organizations—economics—to understand the development of organized religion. The Marketplace of Christianity applies the tools of economic theory to illuminate the emergence of Protestantism in the sixteenth century and to examine contemporary religion-influenced issues, including evolution and gay marriage. The Protestant Reformation, the authors argue, can be seen as a successful penetration of a religious market dominated by a monopoly firm—the Catholic Church. The Ninety-five Theses nailed to the church door in Wittenberg by Martin Luther raised the level of competition within Christianity to a breaking point. The Counter-Reformation, the Catholic reaction, continued the competitive process, which came to include "product differentiation" in the form of doctrinal and organizational innovation. Economic theory shows us how Christianity evolved to satisfy the changing demands of consumers—worshippers. The authors of The Marketplace of Christianity avoid value judgments about religion. They take preferences for religion as given and analyze its observable effects on society and the individual. They provide the reader with clear and nontechnical background information on economics and the economics of religion before focusing on the Reformation and its aftermath. Their analysis of contemporary hot-button issues—science vs. religion, liberal vs. conservative, clerical celibacy, women and gay clergy, gay marriage—offers a vivid illustration of the potential of economic analysis to contribute to our understanding of religion.




Religion, Economics and Demography


Book Description

Using the tools of economics, this book analyses how religion affects decisions and outcomes in a wide range of areas, including education, employment, family size, entry into cohabitation and formal marriage, the choice of spouse and divorce. In each case, the relationships are rigorously quantified based on multivariate statistical analyses of large scale US data. The results show, for example, that when people marry outside their faith, there is an increase in the probability of divorce, the magnitude of the adverse effect depending in part on the ecumenical/exclusivist nature of the two religions. Other analyses show that youth who grow up with some religion in their lives are less likely than their counterparts with little or no religious involvement to drop out of high school or enter cohabiting arrangements at a young age. Overall, both religious affiliation and the extent of participation in religious activities are found to have far-reaching implications for economic and demographic behaviour. The book contains a wealth of data illustrating how the religious and secular realms of people’s lives are intimately intertwined. With its economic perspective, it offers new ways of thinking about these relationships and is a valuable resource for students and scholars interested in the role of religion in education, work and the family.




The New Holy Wars


Book Description

The present debate raging over global warming exemplifies the clash of two public theologies. On one side, environmentalists warn of certain catastrophe if we do not take steps now to reduce the release of greenhouse gases; on the other side, economists are concerned with whether the benefits of actions to prevent higher temperatures will be worth the high costs. Robert Nelson interprets such contemporary struggles as battles between the competing secularized religions of economics and environmentalism. The outcome will have momentous consequences for us all. This book probes beneath the surface of the two movements' rhetoric to uncover their fundamental theological commitments and visions. Book jacket.




The Economy of Desire (The Church and Postmodern Culture)


Book Description

In this addition to the award-winning Church and Postmodern Culture series, respected theologian Daniel Bell compares and contrasts capitalism and Christianity, showing how Christianity provides resources for faithfully navigating the postmodern global economy. Bell approaches capitalism and Christianity as alternative visions of humanity, God, and the good life. Considering faith and economics in terms of how desire is shaped, he casts the conflict as one between different disciplines of desire. He engages the work of two important postmodern philosophers, Deleuze and Foucault, to illuminate the nature of the postmodern world that the church currently inhabits. Bell then considers how the global economy deforms desire in a manner that distorts human relations with God and one another. In contrast, he presents Christianity and the tradition of the works of mercy as a way beyond capitalism and socialism, beyond philanthropy and welfare. Christianity heals desire, renewing human relations and enabling communion with God.