Christian Thinking in Economics

These pages are to do with rethinking economics from a (Reformational) Christian perspective. We began our considerations with a deep feeling that the current economic system, based on GDP with growth as an unquestioned norm, is deeply harmful and even against Biblical Principles, but have journeyed far beyond that, to explore a number of recent thinkers, and identify where they are good but also lacking.

We began by discussing the 2020 Reith Lectures by Mark Carney, but then Dasgupta's The Economics of Biodiversity came out, and it emerged that the UN System of National Accounts (GDP) is being rethought. We also discussed Marianna Mazzucato's The Value of Everything and Kate Raworth's Doughnut Economics. Each of these is critiqued from a Christian perspective, with a little philosophy sprinkled in.

Our Own Work

Towards a Multi-aspectual Rethinking of Economics with the aid of Philosophical and Christian perspectives - dynamic draft, based on main findings of the Reith Lectures Discussions.

Responses to Various Thinkers and Ideas

A Wee Story

There was Economics, busying itself on the ground - and in the ground, mining it. Then along came Justice and complained about poverty and ill-treatment of workers. Along came Ecology, with animals, plants and ecosystems suffering from pollution and loss of home. Soon after, along came Climate Concern. On the sidelines was Theology, watching from a distance. Justice accused Ecology and Climate Concern of making poverty worse, but then came to see that without their help poverty would get far worse. From them was born Climate Justice, something of a warrior. Theology began to take sides. Compassion was silent.

Economics ignored them, feeling comfortable since its feet were on solid ground while they were all up in the air. A few friends of Economics pointed them out, but Economics took no notice. Then the earth quaked, and Economics was scared. Along came Government to pacify Economics (whom it depended on), while throwing a few kisses at Justice and Climate. Economics was doubtful. So were Justice, Ecology and Climate Concern. Lots of noisy arguments. Theology still looked on from a distance. Without warning, Pandemic entered, silencing everyone. Ecology and Compassion began to sing in the silence, but soon the clamour began again and drowned out the singing. God had enjoyed the singing. Indeed, the aim had been a choral symphony, right from the start.

Other Relevant Pieces

See also:


What is the Scope of our Discussions of Economics?

Here we take Economics to be what we call:

The economic aspect of human functioning

our production, conservation and consumption,
and the repercussions of all these

along with:

their tools, techniques and technologies,

their concepts and calculations (e.g. of value),

their symbols (e.g. currency) and language,

their institutions (households, banks, businesses, commons, nations),

their harmony,

their regulations, rules and responsibilities,

the attitudes that attend them,

and the beliefs, commitments, motivations, aspirations, expectations and what is taken for granted (assumptions, presuppositions)
.

The meaning and relevance of all these will become clear in the pages and links above.



This is one room in the Christian Thinking Space

Created: 3 February 2021 Last updated: 18 February 2021 economics of biodiversity. 25 February 2021 intro, JRI, link to Home. 23 March 2021 Heywood. 5 April 2021 non.essentials. 13 April 2021 what is economics. 17 April 2021 added commons. 21 May 2021 explan. econ.biodiv. 17 June 2021 Fuller intro text. 25 June 2021 reith.findings, mazzucato. 2 July 2021 rename reith.findings to xn.rethink. 3 August 2021 MNEs-cmts-RLFG210803.pdf. 9 September 2021 rldg-ws236 link. 8 October 2021 doughnut. 29 October 2021 xnr.smy, and heading for responses. 19 December 2021 Headings, box. 19 February 2022 Vignette from xnr. 20 May 2022 econ.good.bad. 23 May 2022 rldg.