religion and economics: normative social theory

RELIGION AND ECONOMICS:
NORMATIVE SOCIAL THEORY
RECENT ECONOMIC THOUGHT SERIES
Editors:
Warren J. Samuels
M i c h i g a n State University
East Lansing, M i c h i g a n , U S A
W i l l i a m Darity, Jr.
University o f North Carolina
Chapel H i l l , North Carolina, U S A
Other books in the series:
K l e i n , Philip A . : T H E R O L E O F E C O N O M I C T H E O R Y
Semmler, W i l l i . : B U S I N E S S C Y C L E S : T H E O R Y A N D E M P I R I C S
Little, Daniel: O N T H E R E L I A B I L I T Y O F E C O N O M I C M O D E L S :
ESSAYS IN THE PHILOSOPHY OF ECONOMICS
Weimer, D a v i d L . : I N S T I T U T I O N A L D E S I G N
Davis, John B . : T H E S T A T E O F T H E I N T E R P R E T A T I O N O F K E Y N E S
Wells, Paul: P O S T - K E Y N E S I A N E C O N O M I C T H E O R Y
Hoover, K e v i n D . : M A C R O E C O N O M E T R I C S :
DEVELOPMENTS, TENSIONS A N D PROSPECTS
Kendrick, John W . : T H E N E W S Y S T E M S O F N A T U R A L A C C O U N T S
Groenewegen, John: T R A N S A C T I O N C O S T E C O N O M I C S A N D B E Y O N D
K i n g , J.E.: A N A L T E R N A T I V E M A C R O E C O N O M I C T H E O R Y
Schofield, Norman: C O L L E C T I V E D E C I S I O N - M A K I N G : S O C I A L C H O I C E
A N D POLITICAL E C O N O M Y
Menchik, Paul L . : H O U S E H O L D A N D F A M I L Y E C O N O M I C S
Gupta, Kanhaya L . : E X P E R I E N C E S W I T H F I N A N C I A L L I B E R A L I Z A T I O N
Cohen, A v i J., Hagemann, Harald, and Smithin, John:
M O N E Y FINANCIAL INSTITUTIONS A N D M A C R O E C O N O M I C S
Mason, P . L . and W i l l i a m s , R . M . :
RACE, M A R K E T S , A N D SOCIAL OUTCOMES
Gupta, Satya Dev: T H E P O L I T I C A L E C O N O M Y O F G L O B A L I Z A T I O N
Fisher, R . C . : I N T E R G O V E R N M E N T A L F I S C A L R E L A T I O N S
Mariussen, A . and Wheelock, J . :
HOUSEHOLDS, WORK A N D ECONOMIC CHANGE:
A C O M P A R A T I V E INSTITUTIONAL PERSPECTIVE
Gupta, Satya Dev: G L O B A L I Z A T I O N , G R O W T H A N D S U S T A I N A B I L I T Y
Gupta, Satya Dev: D Y N A M I C S O F G L O B A L I Z A T I O N A N D D E V E L O P M E N T
Medema, Steven G . : C O A S E A N E C O N O M I C S : L A W A N D E C O N O M I C S A N D
THE N E W INSTITUTIONAL ECONOMICS
Peoples, James: R E G U L A T O R Y R E F O R M A N D L A B O R M A R K E T S
Dennis, K e n : R A T I O N A L I T Y I N E C O N O M I C S : A L T E R N A T I V E
PERSPECTIVES
Ahiakpor, James C . W . : K E Y N E S A N D T H E C L A S S I C S R E C O N S I D E R E D
Wolfson, Murray: T H E P O L I T I C A L E C O N O M Y O F W A R A N D P E A C E
Jain, A . K . : E C O N O M I C S O F C O R R U P T I O N
Wheelock, J. and V a i l , J.: W O R K A N D I D L E N E S S : T H E P O L I T I C A L
E C O N O M Y OFFULL E M P L O Y M E N T
RELIGION AND ECONOMICS:
NORMATIVE SOCIAL THEORY
edited by
James M . Dean and A.M.C. Waterman
The University of Manitoba
Springer Science+Business Media, LLC
I S B N 978-94-010-5891-9
I S B N 978-94-011-4401-8 (eBook)
D O I 10.1007/978-94-011-4401-8
Library of Congress Cataloging-in-Publication Data
A C.I.P. Catalogue record for this book is available
from the Library of Congress.
Copyright © 1999 by Springer Science+Business Media N e w Y o r k
Originally published by Kluwer Academic Publishers in 1999
Softcover reprint o f the hardcover 1st edition 1999
A l l rights reserved. No part of this publication may be reproduced, stored in a retrieval
system or transmitted in any form or by any means, mechanical, photo-copying, recording,
or otherwise, without the prior written permission of the publisher, Springer Science+
Business Media, L L C
Printed on acid-free paper.
Contents
Contributors
VB
Acknowledgements ix
Introduction: Normative Social Theory
James M. Dean and A.M.C. Waterman 3
PART 1: CASE STUDIES
How Through Economics Rabbinic Judaism States
its Theory of the Social Order
Jaco b N eusner 13
2 The Uses of Economics in Papal Encyclicals
Andrew M. Yuengert 33
3 Social Thinking in Established Protestant Churches
A.M.e. Waterman 51
4 Liberation Theology and Economics:
God's Reign and a New Society
Thomas L. Schubeck 69
VI
5 Every Square Inch:
Kuyperian Social Theory and Economics
John P. Tiemstra 85
6 Economics and Evangelicalism
Kim Hawtrey 99
PART 2: INTERPETATIVE ESSAYS
7 Social Factors in Religion and Economics
James M. Dean 115
8 Economics, Ethics, and Knowledge
Sheila C. Dow 123
9 Economics and Religion: Comment
Kenneth G. Elzinga 131
10 "If the Trumpet Does Not Sound a Clear Call . .. "
Paul Heyne 141
II Economics and Technology: Collaboration or Collision?
Fred S. McChesney 153
12 On Doing the Impossible
Ian Steedman 165
13 Summary If Not Conclusions
James M. Dean and A.M.C. Waterman 175
References 185
Index 197
Contributors
James M. Dean
Professor, Department of Economics
St. John's College
University of Manitoba
Winnipeg, Manitoba, Canada
Sheila Dow
Professor, Department of Economics
The University of Stirling
Stirling, Scotland, Great Britain
Kenneth G. Elzinga
Professor of Economics
University of Virginia
Charlottesville, Virginia, U.S.A.
Kim Hawtrey
Professor, Department of Economics
MacQuarie University
Sydney, New South Wales, Australia
Paul Heyne
Professor, Department of Economics
University of Washington
Seattle, Washington, U.S.A.
VllI
Fred S. McChesney
Professor of Law
Cornell Law School
Ithaca, New York, U.S.A.
Jacob Neusner
Distinguished Research Professor of Religious Studies
University of South Florida
Tampa, Florida, U.S.A.
Thomas Schubeck, S.J.
Professor, Department of Religious Studies
John Carroll University
Cleveland, Ohio, U.S.A.
Ian Steedman
Professor, Department of Economics and Economic History
The Manchester Metropolitan University
Manchester, Great Britain
John Tiemstra
Professor, Department of Economics and Business
Calvin College
Grand Rapids, Michigan, U.S.A.
A.M.C. Waterman
Professor, Department of Economics
St. John's College
University of Manitoba
Winnipeg, Manitoba, Canada
Andrew Yuengert
Professor, Business Administration Division
Pepperdine University
Malibu, California, U.S.A.
Acknowledgements
The volume editors gratefully acknowledge the assistance of Dr. John
Stackhouse Jr. and Dr. Moshe Stern. Research assistance was provided by
Kristi Henderson and Penelope Roberts. The editorial assistance of Carol
Dahlstrom was invaluable. The index was prepared by Renee Fossett.
RELIGION AND ECONOMICS:
NORMATIVE SOCIAL THEORY