Religious Economy (other)
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Religious Economy (other)
Religious economy may refer to: * Theory of religious economy, the interpretation of religious persons and organizations interacting within a market framework of competing groups and ideologies. It could also refer to: * Buddhist economics, a spiritual and philosophical approach to the study of economics * Cultural economics, the branch of economics that studies the relation of culture to economic outcomes * Christian finance, ethical finance following Christian ethics * Economic imperialism (economics) * Economics of religion, the application of economic theory and methods to explain the religious behaviour of individuals and groups * Female labor force in the Muslim world * Institutional economics, the study of role of institutions and evolutionary processes in shaping economic behaviour * Islamic economics * Jewish business ethics, ethical issues that arise in a business environment using Jewish ethics * New institutional economics, the study of social and legal norms and rules ...
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Theory Of Religious Economy
Religious economy refers to religious persons and organizations interacting within a market framework of competing groups and ideologies. An economy makes it possible for religious suppliers to meet the demands of different religious consumers.Wortham, Robert A. Religious Choices and Preferences: North Carolina's Baskin Robbins Effect? 2004. 27 Sep. 2007/ref> By offering an array of religions and religious products, a competitive religious economy stimulates such activity in a marketplace, market-type setting. The field applies rational choice theory to the theory of religion such that supply and demand are used to model the development and success of organized religions. Major proponents of the theory include William Sims Bainbridge, Roger Finke, Laurence Iannaccone, and Rodney Stark. Major debates The idea of religious economy frames religion as a product and as those who practice or identify with any particular religion as a consumer. But when the idea of belief is brough ...
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Buddhist Economics
Buddhist economics is a spiritual and philosophical approach to the study of economics. It examines the psychology of the human mind and the emotions that direct economic activity, in particular concepts such as anxiety, aspirations and self-actualization principles. In the view of its proponents, Buddhist economics aims to clear the confusion about what is harmful and what is beneficial in the range of human activities involving the production and consumption of goods and services, ultimately trying to make human beings ethically mature. The ideology's stated purpose is to "find a middle way between a purely mundane society and an immobile, conventional society." The most fundamental feature of Buddhist economics is seeing "people interdependent with one another and with Nature." Sri Lankan economist Neville Karunatilake wrote that: "A Buddhist economic system has its foundations in the development of a co-operative and harmonious effort in group living. Selfishness and acqui ...
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Cultural Economics
__NOTOC__ Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. As a growing field in behavioral economics, the role of culture in economic behavior is increasingly being demonstrated to cause significant differentials in decision-making and the management and valuation of assets. Overview Applications include the study of Economics of religion, religion, social capital, social norms, social identity#Social identity and economics, social identity, Total fertility rate, fertility, beliefs in redistribution (economics), redistributive justice, economic ideology, ideology, hatred, terrorism, Trust (social sciences)#Economics, trust, family ties, long-term orientation, and the culture of economics. A general analytical the ...
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Christian Finance
Christian finance is a kind of ethical finance following Christian ethics. Although not widely used, the notion of "Christian finance" or "Catholic finance" refers to banking and financial activities which came into existence several centuries ago. Whether the activities of the Knights Templar (12th century), Mounts of Piety (appeared in 1462) or the Apostolic Chamber attached directly to the Vatican, a number of operations of a banking nature (money loan, guarantee) or a financial nature (issuance of securities, investments) is proved, despite the prohibition of usury and the Church distrust against exchange activities (opposed to production activities). Christian finance is characterized by the existence of three dimensions: personal (actors), operational (operations), and dogmatic (principles). General description Actors In modern times, if the Catholic clerical finance continues to be on center stage through the Vatican Bank (IOR), many Catholic lay financial players also ...
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Economic Imperialism (economics)
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational ...
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Economics Of Religion
The economics of religion concerns both the application of the techniques of economics to the study of religion and the relationship between economic and religious behaviours. Contemporary writers on the subject trace it back to Adam Smith (1776). Empirical work examines the causal influence of religion in microeconomics to explain individual behaviour and in the macroeconomic determinants of economic growth. Religious economics (or theological economics) is a related subject sometimes overlapping or conflated with the economics of religion. History Adam Smith laid a foundation for economic analysis for religion in ''The Wealth of Nations'' (1776), stating that religious organisations are subject to market forces, incentive and competition problems like any other sector of the economy. Max Weber later identified a relationship between religion and economic behaviour, attributing in 1905 the modern advent of capitalism to the Protestant reformation. Religion and individual beha ...
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Female Labor Force In The Muslim World
Female (symbol: ♀) is the sex of an organism that produces the large non-motile ova (egg cells), the type of gamete (sex cell) that fuses with the male gamete during sexual reproduction. A female has larger gametes than a male. Females and males are results of the anisogamous reproduction system, wherein gametes are of different sizes, unlike isogamy where they are the same size. The exact mechanism of female gamete evolution remains unknown. In species that have males and females, sex-determination may be based on either sex chromosomes, or environmental conditions. Most female mammals, including female humans, have two X chromosomes. Female characteristics vary between different species with some species having pronounced secondary female sex characteristics, such as the presence of pronounced mammary glands in mammals. In humans, the word ''female'' can also be used to refer to gender in the social sense of gender role or gender identity. Etymology and usage T ...
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Institutional Economics
Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other. Its name and core elements trace back to a 1919 ''American Economic Review'' article by Walton H. Hamilton. Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions (e.g. individuals, firms, states, social norms). The earlier tradition continues today as a leading heterodox approach to economics.Warren J. Samuels ( 9872008). "institutional economics," '' The New Palgrave: A Dictionary of Economics''Abstract. "Traditional" institutionalism rejects the ''reduction'' of institutions to simply tastes, technology, and nature (see naturalistic fallacy). Tastes, along with expectations ...
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Islamic Economics
Islamic economics ( ar, الاقتصاد الإسلامي) refers to the knowledge of economics or economic activities and processes in terms of Islamic principles and teachings. Islam has a set of special moral norms and values about individual and social economic behavior. Therefore, it has its own economic system, which is based on its philosophical views and is compatible with the Islamic organization of other aspects of human behavior: social and political systems. Is a term used to refer to Islamic commercial jurisprudence ( ar, فقه المعاملات, '' fiqh al-mu'āmalāt''), and also to an ideology of economics based on the teachings of Islam that is mostly similar to the labour theory of value, which is "labour-based exchange and exchange-based labour".. Islamic commercial jurisprudence entails the rules of transacting finance or other economic activity in a '' Shari'a'' compliant manner, i.e., a manner conforming to Islamic scripture (Quran and sunnah). Islamic ...
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Jewish Business Ethics
Jewish business ethics is a form of applied Jewish ethics that examines ethical issues that arise in a business environment. It is noted that in the Torah, there are over 100 '' Mitzvot'' concerning the '' kashrut'' (fitness) of one's money, many more, in fact, than concerning the ''kashrut'' of food. The subject thus receives an extensive treatment in Rabbinic literature, both from an ethical ('' Mussar'') and a legal (''Halakha'') point of view. Ethical perspective The general gravity with which business ethics are treated in Jewish thought is illustrated by the widely quoted Talmudic tradition ( Shabbat 31a ) that in one's judgement in the next world the ''first'' question asked is: "were you honest in business?" Similarly, the punishment to be received for dishonest business practice is held to be more severe than for other categories of sin. In addition to these, and numerous other Talmudic passages, the Mussar and Chassidic literature also discuss business ethics at ...
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New Institutional Economics
New Institutional Economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions (that is to say the social and legal norms and rules) that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics. Unlike neoclassical economics, it also considers the role of culture and classical political economy in economic development. The NIE assume that individuals are rational and that they seek to maximize their preferences, but that they also have cognitive limitations, lack complete information and have difficulties monitoring and enforcing agreements. As a result, institutions form in large part as an effective way to deal with transaction costs. NIE rejects that the state is a neutral actor (rather, it can hinder or facilitate effective institutions), that there are zero transaction costs, and that actors have fixed preferences. Overview It has its roots in two articles by Ronald Coase ...
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Religion And Business
Religion and business have throughout history interacted in ways that relate to and affected one another, as well as influenced sociocultural evolution, political geographies, and labour laws. As businesses expand globally they seek new markets which leads to expanding their corporation's norms and rules to encompass the new locations norms which most often involve religious rules and terms. Religious tourism Some areas, countries or cities have an economy based on religious tourism. Examples include Islamic Hajj tourism and Vatican tourism. The hotels and markets of important religious places are a source of income to the locals. Pilgrimage sites The boards or shines sometimes receive so much in donations that governments to take it under control for proper utilization of resources and management. The annual revenues of most of the religious places are not regulated. Religious tourism locations = Buddhism = * Lumbini – Lumbini is believed to be the birthplace of Siddhart ...
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