Studies in Ethics & Economics

Economics as a discipline cannot be detached from a historical background that was, it is increasingly recognized, religious in nature. Adam Ferguson and Adam Smith drew on the work of sixteenth- and seventeenth-century Spanish theologians, who strove to understand the process of exchange and trade in order to better address the moral dilemmas they saw arising from the spread of commerce in the New World. After a long period in which economics became detached from theology and ethics, many economists and theologians now see the benefit of studying economic realities in their full cultural, often religious, context. This new series provides an international forum for exploring the difficult theological and economic questions that arise in the pursuit of this objective.

Judaism, Law & The Free Market

$7.00 [ purchase ]

Judaism and Jewish religious, legal, and moral principles are often regarded as translating into support for broadly social democratic economic positions. Looking, however, at the Jewish treatment of themes such as property rights, social welfare, charity, generosity, competition, and concepts of order, Joseph Isaac Lifshitz demonstrates that Judaism's view of the market is more complicated-and favorable-than most people suppose.

Common Sense Concept Series

$25.00 [ purchase ]

Citizens looking to find common sense answers to policy questions are easily exasperated by the propaganda and polemics that often characterize political conversations. The Common Sense Concepts series exists to solve this problem. Our books provide a rich introduction to today's most important policy issues, including the financial system, the morality of capitalism, the environmentalist movement, social security, energy, taxes, trade, and domestic poverty. Each book has been carefully crafted to explore the complexities of a subject while remaining concise and easily comprehensible. Includes: Wealth & Justice Mere Environmentalism Boom & Bust

The Poor Will Be Glad

$10.00 [ purchase ]

Authors Peter Greer and Phil Smith draw on their personal experiences to provide proven solutions for effectively reducing poverty. With photographs by Cowart included throughout, The Poor Will Be Glad examines the pitfalls of traditional approaches and outlines a new model of economic development aimed at breaking the cycle of dependency.

Entrepreneurial Solutions for Prosperity in BoP Markets

$25.00 [ purchase ]

Global business experts and other leaders tout the potential of Bottom of the Pyramid (BoP) businesses to help impoverished societies escape poverty. Yet, many BoP firms are locked in "The Survival Trap" of managing short-term crises that keep them small, inefficient, and unprofitable. At the core of The Survival Trap are outdated mindsets perpetuating this vicious cycle. Author Eric Kacou identifies breakthrough mindsets, business models, and techniques that can help BoP businesses grow and help the communities and nations that depend on them create prosperity. Drawing from real case studies and his on-the-ground experience in some of the world's most challenging business environments around Africa, Kacou lays out a framework for overcoming The Survival Trap and the dependence, mistrust, and failure it breeds.

Transform Your Work Life

$15.00 [ purchase ]

God wants to use you - in the marketplace!Most people will spend between sixty and seventy percent of their lives at work. This is an incredible investment of time, energy and creativity and God has a very particular desire for that huge portion of your life. God cares about every part of your life, not just the parts that are spent in church and on church related activities. In Transform Your Work Life, Graham Power and Dion Forster share some testimony and teaching on what God has done with them, and what God wants to do with and through Christians in the marketplace. Your work life is one of the most accessible and significant mission fields in the world. Graham and Dion offer some truly practical, sometimes challenging, hopefully inspiring insights into the tools and processes that you can use to transform your ordinary day into an extraordinary calling, and by doing so transform your work life.

Faith, Freedom, and Modernity

$12.00 [ purchase ]

Beginning with a careful study of 19th century liberalism - understood as political freedom, individualism, and progress - is unable to maintain itself without the underpinning of a vigorous cultural commitment to a Christian understanding of man and the morality which flows from it. But if a health politics needs the Church, the Church in some respects stands just as much in need of politics. To these twin tasks of assimilation and preservation this work is devoted.

A Radio Interview on Ayn Rand

$10.00 [ purchase ]

Rev. Robert Sirico is intverviewed by Al Kresta, host of Talk from the Heart, on the life and ideas of best-selling author and founder of Objectivism, Ayn Rand.

The Reformation for Armchair Theologians

$15.00 [ purchase ]

This readable, accessible narrative story of the Protestant Reformation is the fifth volume of the popular series with Westminster John Knox Press intended for "armchair theologians." A solid grounding in the history of the Reformation and its leading ideas, and the inclusion of "Questions for Discussion" and "Suggestions for Further Reading" make this book excellent for study groups, or as a refresher "course" for students, and even as a good starting point for those interested in the larger discipline of church history.

The Good of Affluence

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Is wealth incompatible with true Christianity? In The Good of Affluence John R. Schneider reopens the debate over the proper Christian attitude toward money, arguing, ultimately, that Scripture does indeed provide support for the responsible possession of wealth. This is a provocative book of Christian theology, written to help people seeking God in a culture that has grown from modern capitalism. By comparing classic Christian teaching on wealth with the realities of our modern economic world, Schneider challenges the common presumption that material affluence is inherently bad. Careful interpretation of Scripture narratives - creation, exodus, exile, and more - also shows that abundance is the condition that God envisions for all human beings and that faithful persons of wealth are part of this plan. Schneider believes that the "wealth-as-blessing" themes of the Old Testament are not to be spiritualized and do not run contrary to New Testament teachings but provide exactly the frame of reference for the incarnate identity, life, and teaching of Jesus, who came to make real the messianic feast, both in this age and in the age to come. Through insightful engagement with the biblical text Schneider overturns some of the most cherished and unquestioned assumptions of influential Christian writers (particularly Ronald Sider) on modern capitalist affluence. Yet Schneider's message is also finely balanced with the need for responsible Christian living. He offers rich Christians biblical affirmation but also challenges them to a life shaped by an uncommon sense of stewardship and compassion. Incisive, thought provoking, and biblically grounded, The Good of Affluence is a superb resource for anyone - students, professors, businesspeople, general readers, discussion groups - wishing to grapple seriously with the subject of faith and wealth.

Love and Economics

$19.00 [ purchase ]

Love and Economics: It Takes a Family to Raise a Village, Newly released in paperback. (Originally entitled, Love and Economics: Why the Laissez-Faire Family Doesn t Work.) The economy, which appears to be a series of impersonal exchanges of material objects among strangers, is actually based upon love. The political order, which seems to be about power, actually depends upon loving families. It Takes a Village to Raise a Child was Hillary Clinton s Big Idea, designed to soften us up for another round of expensive and intrusive Federal programs. Economist Dr. Jennifer Roback Morse thinks Mrs. Clinton has things exactly backwards. It Takes a Family to Raise a Village. Without the family, there won t even be a village. Drawing on the experience of neglected orphans, Dr. Morse shows that mothers create the basic attachments that lay the groundwork for the development of the conscience. Contrary to Mrs. Clinton s views, only the family can socialize children to use their freedom responsibly. No social program can take the place of mothers and fathers, working together as a team. Stay at home mothers get pounded by the feminists and squeezed by the economy. Government and media call the self-appointed experts, not stay at home moms, for discussions of family policy. Dr. Morse champions all those parents who sacrifice for their children. Read Love and Economics. Give it to a friend. Mothers and fathers alike will be grateful to you for sharing Dr. Morse s defense of their underappreciated job

Entrepreneurship in the Catholic Tradition

$25.00 [ purchase ]

Entrepreneurship in the Catholic Tradition is a theological and historical exploration of the treatment of entrepreneurship, business, and commerce in the teaching of the Roman Catholic Church. Moving from Scriptural exegesis to modern papal social encyclicals, Anthony G. Percy shows how Catholic teaching has developed profound insights into the ultimate meaning of entrepreneurship and commerce and invested it with theological, philosophical, and economic meaning that surpasses many conventional religious and secular interpretations. Entrepreneurship is illustrated as being as much a potential contributor to all-around integral human flourishing as it is to economic growth and development. In this sense, Entrepreneurship in the Catholic Tradition challenges the stereotype of the Catholic Church having a negative view of economic liberty and the institutions that enhance its productivity. Instead we discover a tradition in which first-millennium theologians, medieval scholastics, and modern Catholic thinkers have thought seriously and at length about the character of free enterprise and its moral and commercial significance.

Work: The Meaning of Your Life - A Christian Perspective

$6.00 [ purchase ]

Where do we find the core of life's meaning? Right on the job! At whatever work we do - with head or hand, from kitchen to executive suite, from your house to the White House! "Work is the great equalizer - everyone has to come to it in order to find meaning in living: no short cuts, no detours, no bargain rates."

Birth of Freedom Curriculum DVD and Study Guide (set)

$28.00 [ purchase ]

Sale: Original Price $30.00 Based on the popular documentary The Birth of Freedom, this seven-session DVD study, designed for use with the Birth of Freedom Participants Guide, shows the biblical roots of the concept of freedom and debunks the notion that Christianity held back the development of Western civilization. You willl learn about the historical development of the concept of freedom and see how it grows out of the Judeo-Christian worldview. Secular elites have long dictated the terms of Western history. Along the way, they have convinced many that the West is free and prosperous in spite of our Christian heritage. The Birth of Freedom video curriculum provides you with an invaluable tool for countering this revision of history and better grounding your faith in the biblical vision of freedom. Sessions include: 1. A Civilization without Slaves 2. The Quest for Political Freedom 3. The Myth of the Dark Ages 4. Pilgrims Progress 5. The Abolitionists 6. The Tale of Two Revolutions 7. Relativism vs. Religion "

Birth of Freedom Curriculum Study Guide

$8.00 [ purchase ]

Based on the popular documentary The Birth of Freedom, this seven-session participant guide, designed for use with the Birth of Freedom DVD, shows the biblical roots of the concept of freedom and debunks the notion that Christianity held back the development of Western civilization. You will learn about the historical development of the concept of freedom and see how it grows out of the Judeo-Christian worldview. Secular elites have long dictated the terms of Western history. Along the way, they have convinced many that the West is free and prosperous in spite of our Christian heritage. The Birth of Freedom video curriculum provides you with an invaluable tool for countering this revision of history and better grounding your faith in the biblical vision of freedom. Sessions include: 1. A Civilization without Slaves 2. The Quest for Political Freedom 3. The Myth of the Dark Ages 4. Pilgrims Progress 5. The Abolitionists 6. The Tale of Two Revolutions 7. Relativism vs. Religion "

Fair Trade? Its Prospects as a Poverty Solution

$6.00 [ purchase ]

To learn more, visit http://www.FairTradeAndFreeTrade.com Fair Trade is an enormously popular idea in Christian and secular circles alike. Who, after all, could be against fairness? Victor V. Claar, however, raises significant economic and moral questions about both the logic and economic reasoning underlying the fair trade movement. In this monograph, Claar suggests that, for all its good intentions, fair trade may not be of particular service to the poor, especially in the developing world.

Liberating Black Theology - The Bible and the Black Experience in America

$17.00 [ purchase ]

When the beliefs of Barack Obama's former pastor, Rev. Jeremiah Wright, assumed the spotlight during the 2008 presidential campaign, the influence of black liberation theology became hotly debated not just within theological circles but across cultural lines. How many of today's African-American congregations-and how many Americans in general-have been shaped by its view of blacks as perpetual victims of white oppression? In this interdisciplinary, biblical critique of the black experience in America, Anthony Bradley introduces audiences to black liberation theology and its spiritual and social impact. He starts with James Cone's proposition that the "victim" mind-set is inherent within black consciousness. Bradley then explores how such biblical misinterpretation has historically hindered black churches in addressing the diverse issues of their communities and prevented adherents from experiencing the freedoms of the gospel. Yet Liberating Black Theology does more than consider the ramifications of this belief system; it suggests an alternate approach to the black experience that can truly liberate all Christ-followers.

Effective Stewardship DVD and Study Guide

$28.00 [ purchase ]

Stewardship is everything we do after we say we believe. Join host Dave Stotts in this five session DVD study that challenges you to be a faithful steward of God's resources in every area of your life. Description: Christian stewardship is about more than the money we drop into the collection plate. Stewardship is everything we do after we say we believe. In this five session video study, hosted by Dave Stotts, you will learn how to think critically and biblically about the areas of responsibility that have been entrusted to you by God. * Session 1 " Our Talents and Skills: How to use our God-given talents to serve God in our daily vocation. * Session 2 " Care for the Environment: A proper, biblical understanding of resources and of humanity's relationship to nature, providing the basis for an environmental ethic of stewardship. * Session 3 " Loving Our Neighbors: How to effectively care for those in need and ensure that our attempts to help do not cause more harm than good. * Session 4 " Family, Church, and State: How effective stewardship in our homes and in our churches strengthens the social impact of our families and faith congregations. * Session 5 " Money and Finances: How to be good stewards of our wealth by following time-tested principles of budgeting and wealth management.

The Cube and the Cathedral

$14.00 [ purchase ]

Why do Europeans and Americans see the world so differently? Why do Europeans and Americans have such different understandings of democracy and its discontents in the 21st century? Why is Europe dying demographically? In The Cube and the Cathedral George Weigel offers a penetrating critique of Europes problem and draws out its profound lessons for American and the rest of the democratic world.

Spiritual Enterprise

$14.00 [ purchase ]

Business leaders have been deeply impressed by the research of scholars on the role of social capital in our personal and professional lives. But in this timely book, Theodore Malloch argues that spiritual capital provides businesses with people with the strong personal convictions, moral scruples and spiritual discipline that yield success. Malloch shows how spiritual capital encourages the virtues of compassion, forgiveness, perserverence, patience, courage, humility and self control that a healthy market requires.

Why You Think the Way You Do

$15.00 [ purchase ]

People often talk about worldview when describing the philosophy that guides their lives. But how have we come by our worldviews, and what impact did Christianity have on those that are common to Western civilization? This authoritative, accessible survey traces the development of the worldviews that underpin the Western world. It demonstrates the decisive impact that the growth of Christianity had in transforming the outlook of pagan Roman culture into one that, based on biblical concepts of humanity and its relationship with God, established virtually all the positive aspects of Western civilization. The two-pronged assault in our time on the biblically based worldview by postmodern philosophy and the writings of neo-atheists has made it even more crucial that we acknowledge and defend its historical roots. Unique among books on the topic, this work discusses Western worldviews as a continuous narrative rather than as simply a catalogue of ideas, and traces the effects changes in worldview had on society. It helps readers understand their own worldviews and those of other people and helps them recognize the consequences that worldviews hold. Professors, students, and armchair historians alike will profit from this book.

Money, Greed, and God

$19.00 [ purchase ]

Does capitalism promote greed? Can a person follow Jesus' call to love others and also support capitalism? Was our recent economic crisis caused by flaws inherent to our free market system? Jay Richards presents a new approach to capitalism, revealing how it's fully consistent with Jesus's teachings and the Christian tradition, while also showing why this system is our best bet for renewed economic vigor. The church is bombarded with two competing messages about money and capitalism: * wealth is bad and causes much of the world's suffering * wealth is good and God wants you to prosper and be rich Richards exposes these myths, and other common misconceptions about capitalism, and reveals the surprising ways that capitalism is, in fact, the best system to respond to the biblical mandates of alleviating poverty and protecting the environment. Money, Greed, and God equips readers to take practical steps in their own lives to conduct business, worship God, and serve others without falling into the "prosperity gospel" trap.

Journal of Markets & Morality, Volume 11, Number 2

$15.00 [ purchase ]

Economics in Christian Perspective

$12.50 [ purchase ]

There is considerable debate in the public square these days about a number of issues that have significant economic components. Globalization, environmental protection, and aiding the poor are just a few. Decisions we make in our personal lives are influenced by our assumptions about economic realities as well. So how might mainstream economics connect with Christian values and principles? Reg price $16.00 on sale now for $12.50!

Business as a Calling

$15.00 [ purchase ]

In straightforward language, Novak (Belief and Unbelief) sets out to refute the popular conception that business leaders are materialistic and rapacious, asserting that "business not only creates social connections, lifts its participants out of poverty, and builds the foundation of democracy, but also can and must be morally uplifting."

Who Really Cares?

$14.00 [ purchase ]

We all know we should give to charity, but who really does? Approximately three-quarters of Americans give their time and money to various charities, churches, and causes; the other quarter of the population does not. Why has America split into two nations: givers and non-givers? Arthur Brooks, a top scholar of economics and public policy, has spent years researching this trend, and even he was surprised by what he found. In Who Really Cares, he demonstrates conclusively that conservatives really are compassionate-far more compassionate than their liberal foes. Strong families, church attendance, earned income (as opposed to state-subsidized income), and the belief that individuals, not government, offer the best solution to social ills-all of these factors determine how likely one is to give. Charity matters--not just to the givers and to the recipients, but to the nation as a whole. It is crucial to our prosperity, happiness, health, and our ability to govern ourselves as a free people. In Who Really Cares, Brooks outlines strategies for expanding the ranks of givers, for the good of all Americans.

Globalizacion, Pobreza y Desarrollo Internacional

$6.00 [ purchase ]

One subject that never fails to spark debate is globalization. The phrase is used in every possible context, and yet its origins, nature and implications - especially for developing countries - are often misunderstood. In this monograph, Lord Brian Griffiths examines the theory and practice of globalization, and underlines its positive influences on wealth-creation and its success in raising millions out of poverty. Griffiths warns, however, that the benefits of globalization are predicated on the culture that it reflects, and urges Christians to work to ensure that globalization reflects the principles of Christian anthropology, especially as articulated in John Paul II's 1991 encyclical Centesimus Annus, rather than narrowly secularist alternatives.

Banca, justicia y bien comun

$6.00 [ purchase ]

The art of creating, managing, loaning, and investing money has always been fraught with moral hazards. Unfortunately, the widespread habit of viewing banking in a less-than positive light has contributed to misunderstanding of a human activity that not only contributes to human prosperity, but also creates a sphere of endeaver in which people can genuinely pursue virtue. Through considering commercial banking in light of the demands of justice and the common good, we recognize that the work of banking testifies to the sense of responsibility that each person ought to have for others' well being. Moreover, conscientiousness, honesty, trust, and exactitute are qualities of work implicit to prudent and profitable banking. To participate in these moral goods in a consistent and coherent way is to grow in virtue to transform ourselves from who we are into what we ought to be.

Sourcebook in Late-Scholastic Monetary Theory

$33.00 [ purchase ]

The Sourcebook in Late-Scholastic Monetary Theory is a thematically unified collection of seminal texts in the history of economics on the topic of money and exchange relations (cambium)—its nature, purpose, value, and relationship to justice and morality in financial transactions—within the tradition of late-scholastic commercial ethics. Cambium embraces the development of banking practices and institutions in early modern Europe and, therefore, is much broader in scope than the simple practice of exchanging currency. Here, for the first time, the unabridged texts of Martín de Azpilcueta's Commentary on the Resolution of Money (1556), Luis de Molina's A Treatise on Money (1597), and Juan de Mariana's Treatise on the Alteration of Money (1609) are available in English translation with scholarly annotations. The publication of these foundational texts under a single cover will stimulate exploration of the continuities and discontinuities, agreements and disagreements, innovations and ruptures within the Salamancan tradition of commercial ethics during the latter half of the sixteenth and the early seventeenth century. A close reading shows that the Salamancans were involved not only in an internal conversation within Spain concerning inflation, usury, rates of currency exchange, currency debasement, subjective value, just prices, and so on, but also that they were critical intermediaries in a wider conversation spanning centuries that includes prominent canonists, jurists, philosophers, and theologians. The Salamancans also serve as conduits of scholastic economic reflection to Adam Smith and the political economists of the seventeenth and eighteenth centuries. The texts (in conjunction with the introductions by leading authorities) demonstrate the sophistication with which the Spanish doctors examined the new process of using bills of exchange (cambium per litteras) to replace the cumbersome and dangerous transportation of metallic coins between commercial fairs, which led not only to new scholastic insights on interest, credit, and international trade, but also to a much more comprehensive analysis of monetary exchange and banking practices than had been undertaken before.

Myths Christians Believe about Wealth and Poverty

$10.00 [ purchase ]

For Christians, compassion for the poor is a non-negotiable. Compassion alone, however, doesn't help the poor. In fact, many ideas that Christian leaders advocate really exacerbate the very problems they were intended to solve. So how do we insure that we not only mean well, but also do good? We have to learn to think economically about wealth and poverty. One way to do this is to learn to recognize eight simple myths that many well meaning Christians believe when they think about wealth and poverty.

A Theology and History of Globalization

$10.00 [ purchase ]

"A Theology and History of Globalization" from 2007 Acton University. Understanding globalization requires theological reflection and historical contextualization. This lecture identifies key theological principles through which to consider globalization, and contextualizes globalization as a historical phenomenon.

The Commercial Society

$20.00 [ purchase ]

Once relatively confined to parts of Europe and North America, commercial societies are now found in many other cultures and continents. Yet despite the international spread and growth of commercial order, the moral, economic, and legal foundations of commercial society remain poorly understood - especially in those countries where it first took root. Guided by the thoughts of Alexis de Tocqueville, Samuel Gregg's The Commercial Society identifies and explores the key foundational elements that must exist within a society for commercial order to take root and flourish. Gregg studies the challenges that have consistently impeded and occasionally undermined commercial order, including the persistence of "corporatist" values and political movements seeking to equalize social conditions. This book offers a historically grounded analysis for modern audiences interested in philosophy or the history of economics.

The Constitution Under Social Justice

$19.95 [ purchase ]

Antonio Rosmini-Serbati (1797—1855) was one of the first natural law scholars to bring natural law thinking into a conversation with the market economic order that was beginning to emerge in Europe in the 19th century. His reflections on matters such as the origin, nature, and limits of private property, the role of the state, and the nature of human reason show him to be a unique, innovative thinker who nonetheless was determined to work within the parameters of Catholic doctrine. Many of these ideas are concretized in his seminal work The Constitution Under Social Justice, a text that has profound insights to offer those today seeking to integrate theology, philosophy, and economics into their conceptions of a social order that aspires to be both free and just.

The Church and the Market: A Catholic Defense of the Free Economy

$18.50 [ purchase ]

In The Church and the Market: A Catholic Defense of the Free Economy, Thomas E. Woods Jr. makes a vigorous argument in favor of the market economy from a Catholic perspective. Filling a lapse in the debate on the role of religious thought in economic theory, Woods' uncompromising position, informed by the history of Catholic economic thought, shows that the long-seen contradiction between Catholic faith and support for the market economy does not exist. With attention to detail on almost all aspects of the free market, from the Federal Reserve System and inflation to antitrust legislation and labor issues, this book provides essential background for anyone interested in balancing issues of social conscience with modern economic principles.

Natural Law: The Foundation of an Orderly Economic System

$19.95 [ purchase ]

Author Alberto M. Piedra lucidly illustrates the notion of "natural law" through the examination of economic, social, political, and cultural issues. In this work Piedra draws on classical and Christian sources as well as his personal experience as an economist, diplomat, and lecturer on world politics to address philosophical views in a constructive and morally guided exegesis of natural law and economics. This innovative book shows the value of appeals to a governing, natural law and attendant principles such as the common good, subsidiarity, hierarchy, spiritual welfare, the reciprocity of freedom and authority, and the cultivation of personal moral and intellectual virtue. Natural Law will appeal to scholars, professionals, and others interested in the cultivation of personal moral and intellectual virtue. Alberto M. Piedra is the Donald E. Bently Professor of Political Economy at the Institute of World Politics.

Within the Market Strife: American Catholic Economic Thought from Rerum Novarum to Vatican II

$19.95 [ purchase ]

In a period often viewed by historians as one in which Catholics labored in an intellectual ghetto, shut off from mainstream American thought and culture, a number of Catholic intellectuals were thinking seriously about the relationship between Catholicism and its American context. "Within the Market Strife" examines these views on economic questions in the period 1891-1962, from populism and progressivism to the New Deal and post-World War II conservatism. The book uniquely contributes to the historical understanding of Catholicism - and of American intellectual history more generally - by examining the ways in which Catholic views variously mirrored and interacted with broader American (non-Catholic) views. "Within the Market Strife" combines Catholic and general American historiographies to discern the ways in which American Catholic economic thought was dependent on factors other than their adherence to the authoritative social teaching of their church, unique political loyalties, personal experience, and economic theories. This book is an essay in intellectual history that will prove itself invaluable to scholars interestred in Catholic history, economic history, American religious history, and American intellectual history. Dr. Schmiesing holds a Ph.D. in American history from the University of Pennsylvania, and a B.A. in history from Franciscan University of Steubenville. He is the author of Within the Market Strife (2004) and American Catholic Intellectuals, 1895 - 1955 (2002) and of a number of articles in the areas of Catholic social thought and the history of economics. He serves as Book Review Editor for the Journal of Markets & Morality.

The Boundaries of Technique: Ordering Positive and Normative Concerns in Economic Research

$21.00 [ purchase ]

Exploring recent controversies over the role of ethics in economics, The Boundaries of Technique encourages scholars and students to discover and debate the ways in which economics is insulated from ethics and the ways in which it is dependent upon it. Using the moral philosophy of Thomas Aquinas, Author Andrew Yuengert brings readers to a deeper awareness of the intrinsic involvement of the individual and the responsibility of moral choice. Andrew Yuengert is the John and Francis Duggan Professor of Economics at Seaver College, Pepperdine University.

And Why Not? Morality and Business

$8.50 [ purchase ]

This book-length extended interview provides fascinating insights into the mind of François Michelin, the former managing partner of Group Michelin. In one of the few interviews he has ever given, Michelin sat down with two journalists and discussed his management philosophy and his deeply felt Christian faith. Apart from offering subtle theological reflections into the nature of business, Michelin speaks eloquently about the creative dimension of free enterprise and the human aspect of life in the commercial world. "The main thing is to live, but in order to do this, one has to feed on the reality that is hidden behind facts, one has to seek out root causes," Michelin says in And Why Not?. Michelin is also outspoken about the French government's penchant for central planning and collectivist economic systems. France, he maintains, has been governed by the spiritual sons of Marx. The same technocrats who are so fond of Marxist theories are also frightened by open markets and globalization. Michelin observes that,"In our country, there is a marked preference for hitting people with all kinds of duties and taxes rather than giving them the means to invent, to make progress, and to compete."

Faith and Liberty: The Economic Thought of the Late Scholastics

$18.50 [ purchase ]

A common working assumption of many economists is that modern economics began with Adam Smith. Largely forgotten is the contribution of the Spanish scholastic thinkers of the sixteenth and seventeenth centuries. Thinking through issues such as the just price and the legitimacy of private property, these Catholic theologians and philosophers were the first to grapple with ideas normally associated with Smith. In Faith and Liberty, Alejandro A. Chafuen draws upon many texts largely unfamiliar to English-speaking audiences to illustrate that the origin of modern economics lies very much in natural law and scholastic moral theology. A work that challenges economists and theologians alike, Faith and Liberty points to the need for modern economics to be grounded upon a revised anthropology of the human person, and it makes the case for theologians and the church to recognize the capacity of economics to contain greater truths.