The principle of benevolence is at the root of Martin Luther's (1483-1546) thinking on society, the economy, and business ethics. Luther was the forerunner of the moral economy. He saw the necessity of strong public authorities, which should take into account the public interest, leading to a...

During the past few years, empirical economic growth modeling has emerged by constructing and testing numerous model and explanatory variable alternatives. One of the most promising recent idea consists that also religious aspects should be included as explanatory variables into economic growth...

Many studies have explored the medium-term determinants of current account balances. This paper contributes to the existing literature by introducing religious variables that until now have been omitted. We propose that Catholic countries tend to run current account deficits. This result remains...

Conventional development aid, typically a service from government to government, has been a relatively poor determinant of economic growth or human development in developing countries. In this paper we test whether a distinctly grass-roots delivery mode, as is the case with missionary work,...

Happiness studies are a growing research area in economics. In this study we focus on the determinants of subjective well-being of a particular sub-population, university students. Different happiness determinants are considered and tested empirically using survey data from Finland. An ordered...

Economic theory, applied economic modeling and econometric methods offer advantageous tools for analyzing numerous organizations, institutions and social contexts which are not inherently downright economical by nature, as religious markets. In contemporary rational choice religious market...