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Distributional implications of contemporary Judeo‐Christian economics

Distributional implications of contemporary Judeo‐Christian economics Distributional issues have re‐emerged as an important issue in economics, social science, and philosophy in the last few decades. In the same period, the relevance of derivative Judeo‐Christian socio‐economic principles to the contemporary world has been (re)asserted, developing an incipient Judeo‐Christian economics. Methodologically, this undertaking is comparable to that underlying the evolution of Islamic and other forms of religious economics. The methodology employed in the Judeo‐Christian undertaking is described via a worked example. The example shows how normative principles can be derived from Judeo‐Christian thought allegedly relevant to shaping the contemporary distribution of wealth and income. The principles are deduced from a particular sub‐set of Judeo‐Christian source material, and have the effect of generating greater equity in economic distribution. The deductions are compared with selected ideas canvassed in recent economics' discussion about inequitable distribution concerning appropriate criteria for guiding redistributional policy, ideas of “equal opportunity” vs “equal outcomes”, and the relation between distribution and economic growth. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Social Economics Emerald Publishing

Distributional implications of contemporary Judeo‐Christian economics

Clive Beed; Cara Beed
International Journal of Social Economics , Volume 31 (10): 20 – Oct 1, 2004
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References (124)

Publisher
Emerald Publishing
Copyright
Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
ISSN
0306-8293
DOI
10.1108/03068290410555390
Publisher site
See Article on Publisher Site

Abstract

Distributional issues have re‐emerged as an important issue in economics, social science, and philosophy in the last few decades. In the same period, the relevance of derivative Judeo‐Christian socio‐economic principles to the contemporary world has been (re)asserted, developing an incipient Judeo‐Christian economics. Methodologically, this undertaking is comparable to that underlying the evolution of Islamic and other forms of religious economics. The methodology employed in the Judeo‐Christian undertaking is described via a worked example. The example shows how normative principles can be derived from Judeo‐Christian thought allegedly relevant to shaping the contemporary distribution of wealth and income. The principles are deduced from a particular sub‐set of Judeo‐Christian source material, and have the effect of generating greater equity in economic distribution. The deductions are compared with selected ideas canvassed in recent economics' discussion about inequitable distribution concerning appropriate criteria for guiding redistributional policy, ideas of “equal opportunity” vs “equal outcomes”, and the relation between distribution and economic growth.

Journal

International Journal of Social Economics – Emerald Publishing

Published: Oct 1, 2004

Keywords: Distribution of wealth; Economics; Equality; Christianity; Judaism

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