Friday, July 10, 2009

Just had to respond

But this is a bigger philosophical argument than should exist on the other blog, so I'm putting it here: religion may not be economics, in fact, most of it certainly is not, but economics is always religion.

What do I mean by that? There are no hard set-in-stone laws in economics like physics- everything comes with assumptions. Those who believe in a given set of assumptions, such as "free trade is always good for both cultures engaged in it", or "socially beneficial risk is worth taking and should be encouraged", have a tendency to have a blind spot to other sets of values and other ways of thinking. In this way, much of economics is not only religion, but IRRATIONAL religion, as defined by Pope Benedict XVI in that speech that made the Islamics so angry. It's the difference between Thomas Aquinas and Bob Jones University- deep thought vs shallow adherence to theories even when those theories are wrong and do much damage.

We'd be better off with the rational religion of Pope Benedict XVI's Caritas in Veritate- than selfish clinging to a set of theories that enriches one group while impoverishing another.

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Oustside The Asylum by Ted Seeber is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.
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