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Recently, some theological ethicists have criticized modern economics for offering a rival theology that undermines an … appreciation for creation and God’s gifts. In their view, through the logic of opportunity cost, economics substitutes a tragic … world of scarcity for God’s abundance. Further, the focus in economics on maximizing utility teaches us to be restless …
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Value -- The economics of the individual -- Fundamental theorem of the transformation of any given number of goods … -- Discontinuity of the phenomenon -- Final degree of utility of instrumental goods of various orders -- Supply and demand -- Law of … the variation of supply and demand -- Law of supply and demand assuming that the final degree of utility of an economic …
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capital that is embedded in networks and communities. Its conclusion is that there is a case for a broadly-based economics … which is a science of norms and standards as well as a theory of prices and costs. Culture is continuity and pattern …. Precisely the same is true of supply and demand …
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