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Oxford University Press, USA
Sacred Trust: The Medieval Church as an Economic Firm / Edition 1

Sacred Trust: The Medieval Church as an Economic Firm / Edition 1

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Product Details

ISBN-13: 9780195103373
Publisher: Oxford University Press, USA
Publication date: 10/31/1996
Edition description: New Edition
Pages: 224
Sales rank: 1,171,215
Product dimensions: 6.50(w) x 9.56(h) x 0.84(d)
Lexile: 1500L (what's this?)

About the Author

Robert B. Ekelund is Lowder Eminent Scholar in Economics at Auburn University. Robert D. Tollison is Duncan Black Professor of Economics at George Mason University. Gary M. Anderson is Professor of Economics at California State University, Northridge. Robert F. Hébert is Russell Foundation Professor of Entrepreneurial Studies at Auburn University. Audrey B. Davidson is Assistant Professor of Economics at the University of Louisville.

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Sacred Trust: The Medieval Church as an Economic Firm 3 out of 5 based on 0 ratings. 1 reviews.
RENAISSANCEAD More than 1 year ago
The Sacred Trust is interesting in its approach and execution. Unfortunately, the analysis starts with the train already rolling in the Middle Ages. In order to understand the force of religion, economists must start at the very beginning and study its economic doctrines and outcomes through time. To do this, a significant rewrite is necessary because much of the extant material is fraudulent. This is very difficult and prone to new errors. When I look at the conclusions in the Sacred Trust, Islam is staring at my face that there must be a paradox in claiming the Catholic Church as a driver in economic growth in its self interest to protect and expand its mercantile monopoly. It is like a husband beating up his wife and then claiming to having positively contributed to her growth by bringing her to the hospital. Hence, the value of the conclusions in Sacred Trust is limited. After exhaustively going through Judaism, Christianity, and Islam, The Great Leap-Fraud book comes to the conclusion that the economic growth was collateral damage from an increasing loss of authority. The church jump started the economy unintentionally and at a very specific time. I do not know whether this theory is closer to reality. Economists have a minefield ahead of them to explore. Do not hesistate to look up the Great Leap-Fraud for further interest on this touchy subject.