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.

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.

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.