Economics in Christian Perspective: Theory, Policy and Life Choices

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InterVarsity Press, 2007 M07 17 - 255 pages

Unemployment. Environmental damage. Poverty. Economists Victor Claar and Robin Klay critically engage mainstream economic theory and policy recommendations to provide guidance for faithfully and responsibly addressing these and other important economic issues. Affirming that a just and prosperous society depends for its continued success on maintaining the right balance of power among three principal spheres--democratic governments, market-organized economies, and strong moral and cultural institutions--Claar and Klay demonstrate how Christian principles and values guide and undergird a flourishing and just economy. This text is for use in any course needing a survey of the principles of economics.

 

Contents

PREFACE
9
CHRISTIAN FAITH IN RELATIONSHIP TO ECONOMIC ACTIVITY
15
MARKETS
28
PUBLIC FINANCE
49
SAVIOR OR LEVIATHAN?
67
CREATION CARE
89
THE BIG PICTURE
108
WHAT DO WE KNOW ABOUT MONETARY AND FISCAL POLICY?
126
INTERNATIONAL ECONOMIC RELATIONS
143
WORK AND VOCATION
164
RICH MAN POOR MAN BEGGAR MAN THIEF
188
GOING BEYOND MARKETS
213
EPILOGUE
239
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About the author (2007)

Victor V. Claar (PhD, West Virginia University) holds the BB&T Professorship in Free Enterprise at Florida Gulf Coast University in Fort Myers.

Robin J. Klay (PhD, Princeton University) is professor of economics at Hope College, Holland, Michigan.

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