Issue 72, the Fall 2018 issue of Faith & Economics, is now available for free to the public. This issue features original research on returns to education, Catholic social thought, an essay on market complicity, and three excellent book reviews.
Issue 74 of Faith & Economics is now available
The 74th issue of Faith & Economics is now available to members. This issue includes a wide variety of excellent material, including an institutional reading of the Gospels, a symposium on Mary Hirschfeld’s recent book, a feature on Brian Griffiths, and a number of book reviews.
You can read the Editor’s Introduction here. The rest of the content is only available to ACE members and institutional subscribers until one year after publication.
Faith & Economics Issue 74: Fall 2019

Editor’s Introduction
Steven McMullen
ARTICLES
“Ye Cannot Serve God and Mammon”: An Institutional Interpretation of the Gospels
Walker Wright
Abstract: Jesus’ teachings on wealth are arguably some of the most controversial in modern times. This paper will examine these teachings through the lens of institutional economics. First, it will explore the political and economic background of the Greco-Roman world, including the zero-sum mentality of its inhabitants. Second, it will demonstrate how Jesus’ words and deeds suggest that wealth was seen as synonymous with extractive imperial policies. Finally, it will briefly discuss the interpretative implications for modern-day Christians.
SYMPOSIUM ON AQUINAS AND THE MARKET: TOWARD A HUMANE ECONOMY BY MARY HIRSCHFELD
Prudently Preserving the Rational Choice Framework
Enoch Hill
The Difficulty of a Theological Economics
John Lunn
The Light of Eternity and the Humane Economy
Andrew M. Yuengert
Response to the Symposium
Mary Hirschfeld
FEATURE ON BRIAN GRIFFITHS
The Political Economy of Brexit
Brian Griffiths
A Conversation with Brian Griffiths
Stephen L. S. Smith and Thomas M. Smith
BOOK REVIEWS
Straight Talk on Trade: Ideas for a Sane World Economy
Dani Rodrik
Reviewed by Michael Anderson
Practicing the King’s Economy: Honoring Jesus in How We Work, Earn, Spend, Save, and Give
Michael Rhodes, Robby Holt, with Brian Fikkert
Reviewed by Todd Steen
An Economics of Justice & Charity: Catholic Social Teaching, Its Development and Contemporary Relevance
Thomas Storck
Reviewed by Richard Dadzie
Missional Economics: Biblical Justice and Christian Formation
Michael Barram
Reviewed by Henry Hao
Discrimination and Disparities
Thomas Sowell
Reviewed by Kristine Principe
“Ye Cannot Serve God and Mammon”: An Institutional Interpretation of the Gospels – Walker Wright
FAITH & ECONOMICS
NUMBER 74, Fall 2019
“Ye Cannot Serve God and Mammon”: An Institutional Interpretation of the Gospels
Walker Wright
Johns Hopkins University
Abstract: Jesus’ teachings on wealth are arguably some of the most controversial in modern times. This paper will examine these teachings through the lens of institutional economics. First, it will explore the political and economic background of the Greco-Roman world, including the zero-sum mentality of its inhabitants. Second, it will demonstrate how Jesus’ words and deeds suggest that wealth was seen as synonymous with extractive imperial policies. Finally, it will briefly discuss the interpretative implications for modern-day Christians.
Keywords: New Testament, Gospels, Institutions, Jesus, Wealth, Roman Empire, growth, poverty
Symposium on Aquinas and the Market
FAITH & ECONOMICS
NUMBER 74, Fall 2019
SYMPOSIUM ON AQUINAS AND THE MARKET: TOWARD A HUMANE ECONOMY BY MARY HIRSCHFELD
Prudently Preserving the Rational Choice Framework
Enoch Hill
Wheaton College
The Difficulty of a Theological Economics
John Lunn
Hope College
The Light of Eternity and the Humane Economy
Andrew M. Yuengert
Catholic University of America
Response to the Symposium
Mary Hirschfeld
Villanova University
A Conversation with Brian Griffiths – Smith and Smith
FAITH & ECONOMICS
NUMBER 74, Fall 2019
A Conversation with Brian Griffiths
Stephen L. S. Smith and Thomas M. Smith
Hope College
This is a lightly edited transcript of an interview with Lord Griffiths which took place at the Goldman Sachs office in London in May 2019.
The Political Economy of Brexit – Griffiths
FAITH & ECONOMICS
NUMBER 74, Fall 2019
The Political Economy of Brexit
Brian Griffiths
Goldman Sachs
This is an extended written version of an address given to guests of Lord Griffiths at Goldman Sachs in London in May 2019.
Review of: Discrimination and Disparities – Principe
FAITH & ECONOMICS
NUMBER 74, Fall 2019
Book Review
Discrimination and Disparities
By Thomas Sowell
Reviewed by Kristine Principe
Niagara University
Review of: Missional Economics – Hao
FAITH & ECONOMICS
NUMBER 74, Fall 2019
Book Review
Missional Economics: Biblical Justice and Christian Formation
By Michael Barram
Reviewed by Henry Hao
Gordon College
Review of: An Economics of Justice & Charity – Dadzie
FAITH & ECONOMICS
NUMBER 74, Fall 2019
Book Review
An Economics of Justice & Charity: Catholic Social Teaching, Its Development and Contemporary Relevance
By Thomas Storck
Reviewed by Richard Dadzie
Seattle Pacific University