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This book is about the intellectual defense against the French Revolution and all "radical" ideas that was developed after Malthus' pioneering Essay on Population was published in 1798. A political economy was developed in the years following which, combined with Anglican theology, was able to discover a middle ground between ultra-Toryism and radical reform. Certain ideas fundamental to modern economics also emerged as a by-product. Professor Waterman's main purpose is to complete the story of the "intellectual repulse of the Revolution" by describing this ideological alliance of political economy and Christian theology. In doing so he supplies the "missing piece of the jigsaw" in early nineteenth-century English intellectual history.
Normative Social Theory James M. Dean and A. M. C. Waterman University of Manitoba 1. Economics and Religion Once Again This hook is a sequel to Economics and Religion: Are They Distinct? (Brennan and Waterman 1994). That volume was motivated by a frustration born of many disappointing encounters between economists and theologians in the 1980s. Can bishops, synods, and other voices of organized religion bring any interesting (and disinterested) contribution to the public policy debate? If so, what is the relation of their contribution to that of the purely "secular" knowledge economists believe they can supply? Can economists bring any interesting (and disinterested) contribution to the public policy debate? If so, what is the relation of their contribution to the fundamental values that inform social ethics and that are still guarded to a large extent by religious tradition? All too often the two sides talked at cross-purposes. Well-intentioned economists coexisted for a few hours or days with well intentioned theologians whose manner of conceiving social reality was radically incompatible with their own. There seemed to be no common ground. The first requisite of any genuine conversation is an agreed conceptual framework that is able to accommodate the peculiar social vision both of the economist and of theologian, and to display the logical relation between the two."
What is the relation between economics and religion? In particular, are theology and economics entirely autonomous and distinct areas of inquiry? Economics and Religion: Are They Distinct? takes an inductive approach using case studies to shed light on the extent to which economics may be regarded as independent of the religious beliefs of its practitioners. The case studies comprise the first part of the book and are listed chronologically. These case studies are followed by commentaries, or interpretive essays; the authors of these commentaries are acting as a jury to consider the question How sensitive is economics to theological considerations?' The editors provide a concluding chapter summarizing both the evidence and the findings.
What is the relation between economics and religion? In particular, are theology and economics entirely autonomous and distinct areas of inquiry? Economics and Religion: Are They Distinct? takes an inductive approach using case studies to shed light on the extent to which economics may be regarded as independent of the religious beliefs of its practitioners. The case studies comprise the first part of the book and are listed chronologically. These case studies are followed by commentaries, or interpretive essays; the authors of these commentaries are acting as a jury to consider the question `How sensitive is economics to theological considerations?' The editors provide a concluding chapter summarizing both the evidence and the findings.
Normative Social Theory James M. Dean and A. M. C. Waterman University of Manitoba 1. Economics and Religion Once Again This hook is a sequel to Economics and Religion: Are They Distinct? (Brennan and Waterman 1994). That volume was motivated by a frustration born of many disappointing encounters between economists and theologians in the 1980s. Can bishops, synods, and other voices of organized religion bring any interesting (and disinterested) contribution to the public policy debate? If so, what is the relation of their contribution to that of the purely "secular" knowledge economists believe they can supply? Can economists bring any interesting (and disinterested) contribution to the public policy debate? If so, what is the relation of their contribution to the fundamental values that inform social ethics and that are still guarded to a large extent by religious tradition? All too often the two sides talked at cross-purposes. Well-intentioned economists coexisted for a few hours or days with well intentioned theologians whose manner of conceiving social reality was radically incompatible with their own. There seemed to be no common ground. The first requisite of any genuine conversation is an agreed conceptual framework that is able to accommodate the peculiar social vision both of the economist and of theologian, and to display the logical relation between the two."
Malthus's Essay on Population was seen in 1798 as a complete refutation of Godwin and all 'Jacobin' ideology. It proved that a state of equality and justice for all was unfeasible; and it demonstrated the inevitability and beneficence of private property and political institutions. But its central theme, the dominance of scarcity in human affairs, presented the theological 'problem of evil' in novel and threatening form. For thirty-five years both the economics and the theology of the Essay were modified and refined: first by Paley, Sumner and Malthus himself, and later by Copleston, Whately and Chalmers. The result was 'Christian Political Economy': an ideological alliance of political economy and Christian theology, congenial to a new 'liberal-conservatism' in the early nineteenth century, which found middle ground between the ultra-tory defence of the ancien regime and a 'radical' repudiation of existing institutions. Professor Waterman analyses this story of the 'intellectual repulse of revolution', and describes the ideological alliance of political economy and Christian theology after 1798.
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