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Morality in the Marketplace
Reconciling Theology and Economics
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What does Keynes have to do with Qohelet? At first sight, economy and theology seem to be disciplines with mutually exclusive objectives.
Yet, as the Covid crisis has recently shown, if economic development is to really stand a chance of success, it should go hand in hand with relational values like honesty, reliability and empathy: this will contribute to a society with a culture of reciprocity, respect, love and trust. In this essay, Paul van Geest pleads for a renewal of the old ties between economics and theology as scientific disciplines, so as to arrive at a deeper and richer anthropological fundament for economic research.
Yet, as the Covid crisis has recently shown, if economic development is to really stand a chance of success, it should go hand in hand with relational values like honesty, reliability and empathy: this will contribute to a society with a culture of reciprocity, respect, love and trust. In this essay, Paul van Geest pleads for a renewal of the old ties between economics and theology as scientific disciplines, so as to arrive at a deeper and richer anthropological fundament for economic research.
Paul van Geest, Ph.D, is Professor of Economics and Theology at Erasmus University Rotterdam, Professor of Church History and History of Theology at Tilburg University and Visiting Professor at the Faculty of Theology and Religious Studies at KU Leuven
1 Introduction
2 The Relationship between Economics and Theology as Scientific Disciplines through the Ages
â1 How God Appeared in the Economy (and Economics) of Antiquity, Judaism and Early Christianity
ââ1.1 Excursus: An Attempt at Economic Exegesis
â2 Market and Morality in the Works of Church Fathers
â3 Economics as a Component of Theology in Scholasticism
â4 Market, Morality and Anthropology during the Reformation and Counter Reformation
â5 How God Disappeared from the Economy
3 Theology as a Coldshouldered Participant in Economic Discussion
â1 Preamble: Religion and Economy or Theology and Economy?
â2 The Course of History as a Prelude to the Disqualification of Theology
â3 The Irrelevance of Theological Sources
â4 The Epistemological Assumptions of Economic and Theological Research
â5 Developments in Theology
4 Towards a Mutual Rapprochement between Economics and Theology: A First Sketch
â1 Introduction: Theological Economics or Economic Theology?
â2 Criticism of the homo economicus, a Prelude to Interdisciplinarity
â3 The Drive for Insight into Motives as a Second Prelude
â4 The Complementarity of the Economic and Theological Views on Nature and Exhaustibility
5 The Indispensability of Theology for Enriching Economic Concepts
â1 Introduction
â2 The Economy and Community Building. Luigino Bruni on Gratuity and Augustineâs Doctrine of Grace
â3 The Economy, Probabilities and Uncertainty. Bart Nooteboom on Trust and the Theological Notion of pistis
â4 The homo economicus as a Threat to Social Cohesion. Samuel Bowles on âOutcrowdingâ of Morally Responsible Behavior and Augustine on timor servilis and amor castus
â5 Taking Stock
6 Economic Notions Seen in the Light of the History of Theology
â1 Introduction
â2 Negative and Affective Theology as a Prelude to a Deeper Insight into Bounded Rationality
â3 Theological Anthropology as a Source of Insight into Bounded Morality
â4 Bounded Willpower Explained in the Light of the Theology of Grace
â5 Bonus: The Relationship between Happiness as an Economic Variable and Temperance as a âTheologicalâ Virtue
Epilogue
â1 Market, Model, Morality and Anthropology
â2 Language and Reflection on Economic Processes
â3 Conclusion: Keynesâs Take on the Economist and the Theologian
Bibliography
âPrimary Sources
âSecondary Sources
Index
2 The Relationship between Economics and Theology as Scientific Disciplines through the Ages
â1 How God Appeared in the Economy (and Economics) of Antiquity, Judaism and Early Christianity
ââ1.1 Excursus: An Attempt at Economic Exegesis
â2 Market and Morality in the Works of Church Fathers
â3 Economics as a Component of Theology in Scholasticism
â4 Market, Morality and Anthropology during the Reformation and Counter Reformation
â5 How God Disappeared from the Economy
3 Theology as a Coldshouldered Participant in Economic Discussion
â1 Preamble: Religion and Economy or Theology and Economy?
â2 The Course of History as a Prelude to the Disqualification of Theology
â3 The Irrelevance of Theological Sources
â4 The Epistemological Assumptions of Economic and Theological Research
â5 Developments in Theology
4 Towards a Mutual Rapprochement between Economics and Theology: A First Sketch
â1 Introduction: Theological Economics or Economic Theology?
â2 Criticism of the homo economicus, a Prelude to Interdisciplinarity
â3 The Drive for Insight into Motives as a Second Prelude
â4 The Complementarity of the Economic and Theological Views on Nature and Exhaustibility
5 The Indispensability of Theology for Enriching Economic Concepts
â1 Introduction
â2 The Economy and Community Building. Luigino Bruni on Gratuity and Augustineâs Doctrine of Grace
â3 The Economy, Probabilities and Uncertainty. Bart Nooteboom on Trust and the Theological Notion of pistis
â4 The homo economicus as a Threat to Social Cohesion. Samuel Bowles on âOutcrowdingâ of Morally Responsible Behavior and Augustine on timor servilis and amor castus
â5 Taking Stock
6 Economic Notions Seen in the Light of the History of Theology
â1 Introduction
â2 Negative and Affective Theology as a Prelude to a Deeper Insight into Bounded Rationality
â3 Theological Anthropology as a Source of Insight into Bounded Morality
â4 Bounded Willpower Explained in the Light of the Theology of Grace
â5 Bonus: The Relationship between Happiness as an Economic Variable and Temperance as a âTheologicalâ Virtue
Epilogue
â1 Market, Model, Morality and Anthropology
â2 Language and Reflection on Economic Processes
â3 Conclusion: Keynesâs Take on the Economist and the Theologian
Bibliography
âPrimary Sources
âSecondary Sources
Index