Few theologians in history have matched Bernard Lonergan's range
of learning. Fewer still have written on the "dismal science" of
economics. Rooted so solidly in the concerns of this world,
economics is not a discipline we associate with the more rarified
pursuit of theology. In this long-awaited volume, Lonergan
demonstrates the short-sightedness of this view.
This companion volume to "For A New Political Economy"
(Collected Works of Bernard Lonergan, Volume 21) continues the work
of bringing together the various elements of Lonergan's economic
thought. His economic writings span forty years and represent one
of the most important intellectual achievements of the twentieth
century. They have previously been inaccessible outside of the
Lonergan research community as the majority of them have not been
formally published, and exist only as a group of unfinished essays
and material for courses on economics taught by Lonergan.
Lonergan's economic ideas track a different line of thought from
that taken by contemporary economists.
"Macroeconomic Dynamics: An Essay in Circulation Analysis"
represents the economic thought of Lonergan at the end of his
career. His analysis, while taking a fresh look at fundamental
variables, breaks from centralist theory and practice towards a
radically democratic perspective on surplus income and
non-political control, and explores more fully the ideas introduced
in "For a New Political Economy."
This work will be read not only by economists but also by
liberation theologians, political theologians, and others inside
and outside of religious organizations interested in social justice
issues and alternative approaches to economics.
Bernard Lonergan (1904-1984), a professor of theology, taught at
Regis College, Harvard University, and Boston College. An
established author known for his Insight and Method in Theology,
Lonergan received numerous honorary doctorates, was a Companion of
the Order of Canada in 1971 and was named as an original members of
the International Theological Commission by Pope Paul VI.
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