Bulls, Bears and Golden Calves: Applying Christian Ethics in Economics / Edition 2

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Self-interest, economic efficiency and private property rights are among the most basic assumptions of market economics. But can an economic theory built on these assumptions alone provide adequate insight into human nature, motivation and ultimate goals to guide our economic life?

John Stapleford says no, along with those economists who recognize the limits of their discipline. He insightfully shows us in detail how ethics are inextricably intertwined with economic life and analysis. Writing from a Christian ethical perspective, he interacts with seven standard introductory economics texts, exploring the moral challenges embedded in various macro-, micro- and international economic theories and outlining a faithful response to them.

Keyed to seven of the most widely used introductory economics texts—Gwartney, Stroup & Sobel; Mankiw; Mansfield & Behravesh; McConnell & Brue; Miller; Samuelson & Nordhaus; and Stiglitz—this book will be especially useful for introductory courses in economics.

This revised and expanded edition includes updated charts and graphs and three new chapters covering executive compensation, the effects of corruption and rural development.

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Product Details

  • ISBN-13: 9780830827244
  • Publisher: InterVarsity Press
  • Publication date: 1/21/2009
  • Edition number: 2
  • Pages: 282
  • Sales rank: 550,443
  • Product dimensions: 6.00 (w) x 8.90 (h) x 0.90 (d)

Meet the Author

John E. Stapleford (PhD, University of Delaware) is senior economist with Moody's Economy.com and retired professor of economic development from Eastern University, where he served for three years as the chair of the Department of Business and the director of business programs. He was formerly the director of the Bureau of Economic Research at the University of Delaware and founded the Delaware Small Business Development Center.

With a graduate degree in government and planning and a doctorate degree in urban and regional economics, Stapleford has been published in many professional journals including Growth and Change, Christian Scholars Review, Journal of Markets & Morality, Faith & Economics, Journal of Biblical Integration in Business and the Journal of Public Budgeting, Accounding and Financial Mangement. He is also the author of Bulls, Bears and Golden Calves: Applying Christian Ethics in Economics.

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Table of Contents

Foreword by Francis X. Tannian
Preface to the Second Edition
IntroductionSection I: Laying the Foundation
1. Grid Work: A Theological and Ethical Framework Section II: Reflections on the Basic Assumptions of Economics
2. Me, Myself and Why? Pursuit of Self-Interest Promotes What Exactly?
3. Waste Not? Reappraising the Goal of Economic Efficiency
4. It's Mine! Private Property Rights Section III: Macroeconomic Issues
5. How Does Your Garden Grow? The Possibilities and Perils of Economic Growth
6. Render unto Caesar: The Role of Government in the Economy
7. Overemployment: The Growth of Work and the Loss of Leisure
8. Catching Your Interest: Lending and Borrowing in Scripture and History
9. Gross Compensation: Executives Rolling in Dough Section IV: Microeconomic Issues
10. A Clarion Call: Poverty and Distributive Justice
11. Tending the Garden: Environmental Stewardship
12. Who's Responsible? Business and Social Responsibility
13. False Hope: The Boom in Legalized Gambling
14. The Naked Gorilla: The Ethical and Economic Challenge of the Pornography Industry Section V: International Issues
15. A Matter of Life and Debt: Debt Relief for Less-Developed Countries
16. Give Me Your Tired, Your Poor: The Economics of Immigration
17. The Malthusian Blues: The Ethics and Economics of Population Control
18. Sand in the Gears: The Corrosive Effect of Corruption
19. Why Waste Resources? Do Rural Development by the Book

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