Political economy as natural theology : Smith, Malthus and their followers

Bibliographic Information

Political economy as natural theology : Smith, Malthus and their followers

Paul Oslington

(Routledge frontiers of political economy, 232)

Routledge, 2018

  • : hbk

Available at  / 10 libraries

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Note

Includes bibliographical references (p. [134]-161) and index

Description and Table of Contents

Description

Since the early 20th century, economics has been the dominant discourse in English-speaking countries, displacing Christian theology from its previous position of authority. This path-breaking book is a major contribution to the interdisciplinary dialogue between economics and religion. Oslington tells the story of natural theology shaping political economy in the late 18th and early 19th centuries, emphasising continuing significance of theological issues for the discipline of economics. Early political economists such as Adam Smith, Josiah Tucker, Edmund Burke, William Paley, TR Malthus, Richard Whately, JB Sumner, Thomas Chalmers and William Whewell, extended the British scientific natural theology tradition of Francis Bacon, Robert Boyle and Isaac Newton to the social world. This extension nourished and shaped political economy as a discipline, influencing its theoretical framework, but perhaps more importantly helping legitimate political economy in the British universities and public policy circles. Educating the public in the principles of political economy had a central place in this religiously driven program. Natural theology also created tensions (especially reconciling economic suffering with divine goodness and power) that eventually contributed to its demise and the separation of economics from theology in mid-19th-century Britain. This volume highlights aspects of the story that are neglected in standard histories of economics, histories of science and contemporary theology. Political Economy as Natural Theology is essential reading for all concerned with the origins of economics, the meaning and purpose of economic activity and the role of religion in contemporary policy debates.

Table of Contents

1 Introduction 2 Natural Theology: Philosophical and Historical Issues Introduction Natural theology and scripture Varieties of natural theology The British tradition of scientific natural theology Natural theology, creation and providence Natural theology and theodicy Conclusion 3 Early English Theological Roots of Political Economy Introduction Joseph Butler (1692-1752) Josiah Tucker (1713-99) William Paley (1743-1805) Edmund Burke (1729-97) Conclusion 4 Adam Smith as Natural Theologian Introduction Adam Smith's religious background Adam Smith's invisible hand Adam Smith's theodicy The future hope, nature and justice in Smith's system. Conclusion 5 Natural Theology and the Emergence of Political Economy: Stewart, Malthus, Sumner and Chalmers Introduction Further Scottish background: Dugald Stewart Malthus' Principle of Population and its theodicy Development of Malthus' theodicy by JB Sumner Malthus' Scottish disciple Thomas Chalmers Conclusion 6 Progress and Tension: Richard Whately and William Whewell Introduction Political Economy at Oxford: Nassau Senior and the responses by Richard Whately and JH Newman Richard Whately Political Economy at Cambridge: Richard Jones and William Whewell Conclusion 7 The Demise of Natural Theology and Separation of Economics from Theology Introduction Explaining the separation of economics from theology Explaining the demise of natural theology The demise of natural theology as the separation of economics from theology Evolution as a lost opportunity to renew natural theology Subsequent developments in Britain, continental Europe and North America Conclusion 8 Reflections on the Contemporary Relationship between Economics and Theology Introduction What can we learn from this episode about what promotes fruitful and unfruitful exchange between economists and theologians? Frameworks for contemporary engagement Appendix: analysis of key terms in English books

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