This is the second post in the live-blogging Economics as Religion series. The first post was published on Monday, March 11.
“To the extent that any system of economic ideas offers an alternative vision of the ‘ultimate values,’ or ‘ultimate reality,’ that actually shapes the workings of history, economics is offering yet another grand prophecy…
Over the next few weeks, I will be live-blogging Robert H. Nelson’s Economics as Religion. Though the book is somewhat dated (published 2001), its discussion is still relevant. This is the first post in this series. Hope you enjoy!
Introduction: The Market Paradox
The role of self-interest in economic growth is a paradox.
Of course,…
