Economic Theory and Christian Belief

Economic Theory and Christian Belief

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Any attempt to use the Bible as a basis for addressing contemporary economic issues needs to recognise the fundamental differences in underlying philosophy between economic theory and Christian belief. Neo-classical economic theory embodies a view of the world and of human nature, derived from the Enlightenment of the eighteenth century, which has become immensely influential in recent times. 'Economic man' is a rational, independent being, set in an environment of scarcity, but able to improve his welfare by transactions in a market economy. This 'anthropology' is explained and examined syste...