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Since the publication of Max Weber's classic, The Protestant Ethic and the Spirit of Capitalism, it has long been assumed that a distinctly Protestant ethos has shaped the current global economic order. Against this common consensus, Kathryn D. Blanchard argues that the theological thought of John Calvin and the Protestant movement as a whole has much to say that challenges the current incarnation of the capitalist order. This book develops an approach to Christian economic ethics that celebrates God's gift of human freedom, while at the same time acknowledging necessary, and indeed vital, limitations in the context of material and social life. Through sustained interaction with such unlikely dialogue partners as Adam Smith, Milton Friedman, Deirdre McCloskey, and Muhammad Yunus, this book shows that the virtues of self-denial, neighbor love, and sympathy have been quite at home in the capitalism of the past, and can be again. Though self-interest has enjoyed several decades as the unquestioned ruling principle of American economics, other-interest is steadily coming back into view, not only among Christian ethicists, but among economists as well. This book explores the important implications of this shift in economic thinking from a theological perspective.

Capitalism --- Religious aspects. --- Calvin, Jean, --- Smith, Adam, --- Knight, Frank H.

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The collection includes both refereed articles and review essays. The articles highlight research on the role of western economic advisors in China before the Communist Revolution (Paul Trescott), John Ryan on minimum wage legislation, a symposium on Clement Juglar, and a comparison of recent work in the history of economics and the history of science. Review essays on new publications examine a range of subjects, including: David Humes political economy; conceptions of economic morality in American thought; Frank Knight and the Austrians on institutions; Friedrich Engels; Austrian views on entrepreneurship; Coase and Pigou on government intervention; Hayek and conservatism; the history of the 'living wage' notion; methodological consideration of economics and econometrics; and Paul Heynes essays on economic and ethics.

Economic schools --- Knight, Frank --- Economics -- Book reviews. --- Economics -- History. --- Economics. --- Business & Economics --- Economic Theory --- Economics --- Study and teaching --- Knight, Frank H. --- Economic theory --- Political economy --- Social sciences --- Economic man --- E-books --- Economic theory & philosophy. --- General. --- Économie politique et politique --- Économie politique --- Knight, Frank Hyneman (1885-1972) --- 20e siècle

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Frank H. Knight was co-founder of the “Chicago School”. He was, first and foremost, a teacher; a theorist and author second. His work is scattered across many economic journals in essay-form standing on the base of Risk, Uncertainty and Profit, published in 1921. Within the economic world today he is chiefly noted for the notion of ‘Knightian Uncertainty’, with which he established his reputation in the pantheon of great economic thinkers. While many who passed through his classes and the Chicago School placed great faith in capitalism, Knight remained a critical supporter of capitalism, offering prophetic insights into behavioural economics and economic society. The 2008 recession burst the bubble of optimism, dating back to the 1980s, in what the economy can do for society. This brought back Keynesian insights into thinking about policy today. In this book, the author argues that Knight also deserves reconsideration, as his prophetic insights can offer a view into the soul of the modern economy.

Chicago school of economics --- Knight, Frank Hyneman, --- Religion and sociology. --- Political philosophy. --- Economic history. --- Public finance. --- Economics. --- Economic History. --- Methodology/History of Economic Thought. --- Public Economics. --- Religion and Society. --- Political Philosophy. --- Chicago school of economics. --- Knight, Frank H. --- Monetarism --- Institutional economics --- Neoclassical school of economics --- Schools of economics --- Political science --- History of Economic Thought/Methodology. --- Philosophy. --- Political philosophy --- Religion and society --- Religious sociology --- Society and religion --- Sociology, Religious --- Sociology and religion --- Sociology of religion --- Sociology --- Cameralistics --- Public finance --- Currency question --- Economic conditions --- History, Economic --- Economics --- Public finances --- Knight, Frank Hyneman, - 1885-1972. --- Finance, Public.