Economics Today: A Christian CritiqueEconomics has assumed a dominant role in shaping our modern world. In this book, Donald Hay develops a critique of economics today in the light of a Christian understanding of truth. The author's purpose is to equip the reader with arguments and principles with which to confront new economic problems, as well as to analyse our present situation. Case studies take the arguments and apply them to particular areas of economic analysis. Amongst influential cases illuminated by Donald Hay's study are the free market of capitalism and the planned economy of socialism. He analyses macro-economic policy in the advanced industrial economies, the vexed question of relations between rich and poor nations, and the consequences of economic growth. This book gives an exposition of economics as it is practised in the West. It also provides an insight into the underlying beliefs of economists when they pronounce on public policy issues which affect all of our lives. Donald Hay is a Fellow and Tutor in Economics at Jesus College, Oxford, and a Reader in the Church of England. |
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applied argue argument aspects basic behaviour biblical material biblical principles capitalist Chapter Christian church concept concern consumer consumption costs countries covenant created order creation criticism demand Deuteronomy economic analysis economic growth economists effects element enterprise ethical evaluation example exports firms framework freedom Genesis give given God's human ideal incentive income increase individual industrial inflation investment involve Israel issues J. S. Mill Jesus judgment justice Keynesian kingdom labour land Leviticus macroeconomic market capitalism market economy ment monetarist natural nomic normative economics objective Old Testament outcome output Pareto principle particular planned economy planning poor preferences problem production programmes question relationship requires responsible stewardship rich role sector social welfare social welfare function socialist society South stewards teaching theme theory tion trade unions unemployment utilitarian utility wage welfare economics workers
References to this book
The Sharing Economy: Solidarity Networks Transforming Globalisation Lorna Gold No preview available - 2004 |