Scholarly Comments on Academic Economics

Economics Is Not All of Life

by

Abstract

I trace the arc of my thinking about political economy and Christian theology from my early interactions with the work of Richard Whately and Frank Knight to more recent economic and theological reflections on innovation. The general theme is that life is more than economics, despite the relevance of economics to every part of life. As Christian economists, our investigations—into the nature of choice, and into the potential for social improvement (or, economic growth and innovation)—require us to consider what economics can teach us as well as what we can learn from Christian theology and ethics.

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Volume (Issue)
Pages
144-152
Published
JEL classification
A12, A13, L26, Z12, Z13
Keywords
Frank H. Knight, Richard Whately, Edmund Phelps, innovation, Christian theology, choice, non-tuism, value theory, democracy, uncertainty, Imago Dei
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