Marketplace of the Gods: How Economics Explains Religion

Marketplace of the Gods: How Economics Explains Religion

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Two centuries after Adam Smith illuminated the workings of the marketplace, a new movement among economists and social scientists is expanding his insights into a groundbreaking qeconomics of religion.q Using cutting edge ideas from the behavioral sciences, and a deep knowledge of religious history, this new approach is making sense not only of past beliefs, but of religion today. In Marketplace of the Gods, award-winning journalist Larry Witham tells the inside story of this expanding qeconomic approachq to religion, the puzzles it tries to solve, the controversies it has stirred, and the people who are making it happen. He shows that the economic approach, while evoking images of stock markets or accounting ledgers, actually begins with a simple idea about human beings as rational actors, judging costs and benefits in life. Every life has limits, so human experience is a series of trade-offs, balancing resources to make choices for the best possible benefits. As the economics of religion shows, this model can be applied to the rich story of the human race and its gods. Beginning with the individual, the choices in religion shape households, groups, movements, and entire qreligious economiesq of nations. On the one hand, this mixing of the profane and the sacred, the economic and the religious, is an exciting exchange of ideas between economics, sociology, psychology, history, and theology. On the other, it has spurred a lively protest. Indeed, for some, the economic approach seems to transform our good angels into grubby consumers. As Witham shows, however, the economic approach to religion has insights for everyone, believers and skeptics alike. He illuminates this approach in a volume rich with ideas, history, contemporary events, and the insights of some of our sharpest modern-day thinkers.Larry Witham. 17. McCleary, a€œThe Formation of the Tibetan State Religion, a€ 1. 18. See Iannaccone, a€œSacrifice and Stigma.a€ 19. Barak D. ... Osteen quoted in a€œ Interview with Joel Osteen, a€ Larry King Live, CNN, June 20, 2005. The financialanbsp;...


Title:Marketplace of the Gods: How Economics Explains Religion
Author: Larry Witham
Publisher:Oxford University Press - 2010-04-07
ISBN-13:

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