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Does Economics Need an Infusion of Religious or Quasi-Religious Formulations? A Symposium Prologue

Klein, Daniel B. - In: Econ Journal Watch 11 (2014) 2, pp. 97-105

This piece is a prologue to a symposium, cosponsored by the Acton Institute, that asks its contributors: Does professional economics need enrichment by religious or quasi-religious thinking? Many common criticisms of professional economics propose the incorporation of richer concepts and...

Persistent link: https://www.econbiz.de/10010777695

Joyful Economics

Claar, Victor V. - In: Econ Journal Watch 11 (2014) 2, pp. 127-135

stewardship of God’s realm. I conclude by suggesting that economics should not conflate utility, happiness, and joy. …

Persistent link: https://www.econbiz.de/10010777700

Maximization Is Fineâ€”But Based on What Assumptions?

Rasmusen, Eric B. - In: Econ Journal Watch 11 (2014) 2, pp. 210-218

The Prologue to this issue discusses how the flatness of economics leaves out aspects of reality that do not fit neatly into its formulations. I agree that much is left out, but I am not so sure methodology is to blame. Rather, the omission is caused by our restriction of economic methodology to...

Persistent link: https://www.econbiz.de/10010777705

On the Relationship Between Finite and Infinite Goods, Or: How to Avoid Flattening

Hirschfeld, Mary - In: Econ Journal Watch 11 (2014) 2, pp. 179-185

Thomas Aquinas can serve as a resource for conceptions of human happiness and practical reason that resist the flatness …

Persistent link: https://www.econbiz.de/10010777694

Where There Is No Vision, Economists Will Perish

Clark, Charles M. A. - In: Econ Journal Watch 11 (2014) 2, pp. 136-143

human person. Economists could turn to the higher discipline of theology, specifically the Catholic social thought tradition …, for a richer and more realistic understanding of the nature of the human person. With a more secure foundation, economists …

Persistent link: https://www.econbiz.de/10010777696

On the Usefulness of a Flat Economics to the World of Faith

Morriss, Andrew P. - In: Econ Journal Watch 11 (2014) 2, pp. 194-201

approach to human nature. If and when we search for more complex approaches, we will need to understand the tradeoffs involved …

Persistent link: https://www.econbiz.de/10010777697

Economics Is Not All of Life

Emmett, Ross B. - In: Econ Journal Watch 11 (2014) 2, pp. 144-152

I trace the arc of my thinking about political economy and Christian theology from my early interactions with the work of Richard Whately and Frank Knight to more recent economic and theological reflections on innovation. The general theme is that life is more than economics, despite the...

Persistent link: https://www.econbiz.de/10010777698

Notes of an Atheist on Economics and Religion

Ghosh, Jayati - In: Econ Journal Watch 11 (2014) 2, pp. 166-169

Mainstream economics is constrained by methodological individualism, which ignores many aspects of human existence and … channelling human behaviour into the simplistic straitjacket of self-interest. A sense of ethics and therefore of spirituality is … necessary to understand the complexities of human and social behaviour as well as to ground economic policy advice in a …

Persistent link: https://www.econbiz.de/10010777699

Moving from the Empirically Testable to the Merely Plausible: How Religion and Moral Philosophy Can Broaden Economics

George, David - In: Econ Journal Watch 11 (2014) 2, pp. 160-165

attitudes toward human suffering than can a strictly scientific approach to economic injustice. …

Persistent link: https://www.econbiz.de/10010777701

Religion, Heuristics, and Intergenerational Risk Management

Read, Rupert; Taleb, Nassim Nicholas - In: Econ Journal Watch 11 (2014) 2, pp. 219-226

Religions come with risk-managing interdicts and heuristics, and they carry such interdicts and heuristics across generations. We remark on such facets of religion in relation to a propensity among some decision scientists and others to regard practices that they cannot understand as being...

Persistent link: https://www.econbiz.de/10010777702