Divine Providence In Early Modern Economic Thought

In this important volume, Joost Hengstmengel examines the doctrine of divine providence and how it served as explanation and justification in economic debates in the sixteenth, seventeenth and eighteenth centuries throughout Western Europe. The author discusses five different areas in which God was associated with the economy: international trade, division of labour, value and price, self-interest, and poverty and inequality. Ultimately, it is shown that theological ideas continued to influence economic thought beyond the Medieval period, and that the science of economics as we know it today has theological origins. Interdisciplinary in nature, this book will be of interest to advanced students and researchers in the history of economic thought, the history of theology, philosophy and intellectual history.

In this important volume, Joost Hengstmengel examines the doctrine of divine providence and how it served as explanation and justification in economic debates in the sixteenth, seventeenth and eighteenth centuries throughout Western Europe. The author discusses five different areas in which God was associated with the economy: international trade, division of labour, value and price, self-interest, and poverty and inequality. Ultimately, it is shown that theological ideas continued to influence economic thought beyond the Medieval period, and that the science of economics as we know it today has theological origins. Interdisciplinary in nature, this book will be of interest to advanced students and researchers in the history of economic thought, the history of theology, philosophy and intellectual history.

The essays in this book were originally presented by Professor Viner as the 1966 Jayne Lectures of the American Philosophical Society. The relationship between religious doctrines and economic theory and behavior had long interested Professor Viner, and the conclusions he discussed represented years of thoughtful study. They focus in particular on the way in which providence was used to justify existing economic and social conditions. The author points out that providence favors trade among peoples in order to promote universal brotherhood; providence also creates social inequality because it is part of the divine plan. Providence designed a world in which commerce was necessary, in which good business benefited not only the individual, but all mankind, in which inequality in rank and income was part of the scheme of things. Why, then, the evils of over-rigid mercantilism, or selfish profiteering, of undeserved and hopeless poverty? Professor Viner shows that in discussing such questions the Fathers of the Church, the scholastics, the theologians of the seventeenth century, and the philosophers of the eighteenth laid the foundations for modern economic thought. Originally published in 1977. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Religion and the Medieval and Early Modern Global Marketplace brings together scholars from a variety of disciplines to examine the intersection, conflict, and confluence of religion and the market before 1700. Each chapter analyzes the unique interplay of faith and economy in a different locale: Syria, Ethiopia, France, Iceland, India, Peru, and beyond. In ten case studies, specialists of archaeology, art history, social and economic history, religious studies, and critical theory address issues of secularization, tolerance, colonialism, and race with a fresh focus. They chart the tensions between religious and economic thought in specific locales or texts, the complex ways that religion and economy interacted with one another, and the way in which matters of faith, economy, and race converge in religious images of the pre- and early modern periods. Considering the intersection of faith and economy, the volume questions the legacy of early modern economic and spiritual exceptionalism, and the ways in which prosperity still entangles itself with righteousness. The interdisciplinary nature means that this volume is the perfect resource for advanced undergraduates, postgraduates, and scholars working across multiple areas including history, literature, politics, art history, global studies, philosophy, and gender studies in the medieval and early modern periods.

The English economy underwent profound changes in the seventeenth and eighteenth centuries, yet the worldly affairs of ordinary people continued to be shaped as much by traditional ideals and moral codes as by material conditions. This book explores the economic implications of many of the era's key concepts, including Christian stewardship, divine providence, patriarchal power, paternal duty, local community, and collective identity. Brodie Waddell draws on a wide range of contemporary sources - from ballads and pamphlets to pauper petitions and guild regulations - to show that such ideas pervaded every aspect of social and economic relations during this crucial period. Previous discussions of English economic life have tended to ignore or dismiss the influence of cultural factors. By contrast, Waddell argues that popular beliefs about divine will, social duty and communal bonds remained the frame through which most people viewed vital 'earthly' concerns such as food marketing, labour relations, trade policy, poor relief, and many others. This innovative study, demonstrating both the vibrancy and the diversity of the 'moral economies' of the later Stuart period, represents a significant contribution to our understanding of early modern society. It will be essential reading for all early modern British economic and cultural historians. Brodie Waddell is Leverhulme Early Career Fellow at the University of Cambridge. He has published on preaching, local government, the landscape and other aspects of early modern society.

An analysis of later Stuart economic culture that contributes significantly to our understanding of early modern society. The English economy underwent profound changes in the seventeenth and eighteenth centuries, yet the worldly affairs of ordinary people continued to be shaped as much by traditional ideals and moral codes as by material conditions.This book explores the economic implications of many of the era's key concepts, including Christian stewardship, divine providence, patriarchal power, paternal duty, local community, and collective identity. Brodie Waddell drawson a wide range of contemporary sources - from ballads and pamphlets to pauper petitions and guild regulations - to show that such ideas pervaded every aspect of social and economic relations during this crucial period. Previous discussions of English economic life have tended to ignore or dismiss the influence of cultural factors. By contrast, Waddell argues that popular beliefs about divine will, social duty and communal bonds remained the frame through which most people viewed vital 'earthly' concerns such as food marketing, labour relations, trade policy, poor relief, and many others. This innovative study, demonstrating both the vibrancy and the diversity of the 'moral economies' of the later Stuart period, represents a significant contribution to our understanding of early modern society. It will be essential reading for all early modern British economic and cultural historians. BrodieWaddell is Leverhulme Early Career Fellow at the University of Cambridge. He has published on preaching, local government, the landscape and other aspects of early modern society.

A survey of economic theory in the pre-modern era, this collection includes extracts from the works of Aristotle, Thomas Aquinas, Antonio Serra, and David Hume. Their writings in this volume illustrate the ways in which great thinkers of the past sought to argue for and explain the moral, ethical, monetary, and political dimensions of trade and exchange.

This work details the theological sources and moral significance of the life and work of the Scottish moral philosopher Adam Smith (1723–1790). The panel of contributors deepens our understanding of Adam Smith in his religious and theological context and the significance of this understanding for contemporary moral, economic, and political challenges to modern social life. The chapters cover a broad range of disciplinary and historical concerns, from Smith’s view of providence and his famous "invisible hand" to the role of self-interest and benevolence in Smith’s social and economic thought. A better appreciation for the moral and theological dimensions of Smith’s thought provides not only a better understanding of Smith’s own context and significance in the Scottish Enlightenment but also promises to assist in meeting the perennial challenges of properly connecting economic realities to moral responsibility. The book is of interest to advanced students and scholars of the history of economic thought, historical and moral theology, intellectual history, political science, and philosophy.