Bulls, Bears and Golden Calves
Bulls, Bears and Golden Calves

Bulls, Bears and Golden Calves

Applying Christian Ethics in Economics

 
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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. The third edition includes two new chapters on economics as a science and global poverty plus expanded discussions of entitlements, government debt, healthcare reform and immigration reform. 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.
ISBN: 9780830897148
Producer: InterVarsity Press
Weight: 0.001kg
Binding: Digital delivered electronically
File size: 1MB
Release Date: 27.04.2015
Language: English

Book contents

Preface to the Third Edition Acknowledgments Introduction 1 Grid Work: A Theological and Ethical Framework 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 5 But I’m Positive! Economics as a Science 6 How Does Your Garden Grow? The Possibilities and Perils of Economic Growth 7 Render unto Caesar: The Role of Government in the Economy 8 Overemployment: The Growth of Work and the Loss of Leisure 9 Catching Your Interest: Lending and Borrowing in Scripture and History 10 Gross Compensation: Executives Rolling in Dough 11 A Clarion Call: Poverty and Distributive Justice 12 Tending the Garden: Environmental Stewardship 13 Who’s Responsible? Business and Social Responsibility 14 False Hope: The Boom in Legalized Gambling 15 The Naked Gorilla: The Ethical and Economic Challenge of the Pornography Industry 16 A Matter of Life and Debt: Debt Relief for Less-Developed Countries 17 Give Me Your Tired, Your Poor: The Economics of Immigration 18 The Malthusian Blues: The Ethics and Economics of Population Control 19 Sand in the Gears: The Corrosive Effect of Corruption 20 Why Waste Resources? Do Rural Development by the Book 21 Global Poverty: Top Down or Bottom Up?

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John E. Stapleford
John E. Stapleford (PhD, University of Delaware) is president of the Caesar Rodney Institute, an education nonprofit. He is also principle in DECON and a professor emeritus of economic development with Eastern University. Previously he was an associate director and senior economist with Moody's Analytics, and for two decades he was 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 and the He is also the author of