Religion & Liberty Online Archives

Economics

May 08, 2017

How God makes a loaf of bread

Economist Russ Roberts has produced a charming new video, “It’s a Wonderful Loaf”,that reveals the “hidden harmony that is all around us.” In the animated poem, Roberts looks at the “seemingly magical ways” that we anticipate and meet the needs of each other without anyone being in charge. Continue Reading...
April 24, 2017

Acton books distributed to schools by Theological Book Network

  The Acton Institute recently donated a number of titles on faith, work, and economics to the Theological Book Network which will distribute them to its partner institutions in what it calls the ‘Majority World’ (‘Majority World’ is a term coined to replace earlier sometimes anachronistic or misleading terms like ‘Third World’ or ‘Developing World’). Continue Reading...
April 24, 2017

Humans care about economic fairness, not economic inequality

A new study published in the science journal Nature Human Behaviour finds that in most situation people are unconcerned about economic inequality as long as distributions of wealth are fair: There is immense concern about economic inequality, both among the scholarly community and in the general public, and many insist that equality is an important social goal. Continue Reading...
April 24, 2017

‘What Good Markets Are Good For’

As of this month, I have joined the “What Good Markets Are Good For: Towards a Moral Justification of Free Markets” project as a postdoctoral researcher in theology and economics. The project is a multi-year, multifaceted endeavor, focusing on the central claim that “societies with free-market economies flourish because and in so far as the key market actors (states, businesses and individuals) respect morality, and act virtuously.” Continue Reading...