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Faith and EconomicsOverall, the book is well-written and its purpose is noble.
— Lisa Klein Surdyk, Seattle Pacific University
Economic Thinking for the Theologically Minded provides an introduction to what has been called 'the economic way of thinking,' which explains some of the critical concepts and foundational assumptions employed in economics. To communicate these ideas effectively to those engaged in theological studies, this book avoids using unnecessary technical terminology. These concepts are then subject to analysis from the standpoint of Christian ethics, with emphasis placed upon the often-unsuspected degree of agreement between economics and Christian belief about the nature of the person. The second half of the book consists of a collection of selections from classical economic texts, representing a range of authors from a variety of schools of thought. These selections have been arranged around ten key concepts, each of which attempts to deepen understanding of various ideas presented in the book's first half.
Chapter 1 Preface Chapter 2 Acknowledgments Chapter 3 Part I: Christian Social Ethics Chapter 4 Making Sense of Economics Chapter 5 Ethics and Economics Chapter 6 The Institutional Dimension: Property, Rule of Law, and the State Chapter 7 Questions for Economics Chapter 8 Part II: Introduction Chapter 9 Definition of Economics Chapter 10 Property Chapter 11 Trade Chapter 12 Mutually Beneficial Exchange Chapter 13 Value and Price Theories Chapter 14 Intervention Chapter 15 Wages Chapter 16 Money Chapter 17 Marginal Utility Chapter 18 Unintended Consequences Chapter 19 Profit Chapter 20 Supply and Demand Chapter 21 Division of Labor Chapter 22 Taxes Chapter 23 Bibliography in Selected Readings Chapter 24 About the Author Chapter 25 Suggested Reading List