We all recognize that what we believe about economics also reflects about how we think about God, society, and one another. Calvin recognized this as well. Yet, he unlike his predecessors was able to articulate economic ideas in an astonishingly clear way, and by doing so, many argue, led to the economic revolution in Europe, and by extension in the West and the entire world.Calvin wa the first theologian/clergyman to through off many of the basic teachings about money and industry in favor of a view that gathered all of life under one's Christianity and in doing so was able to teach and encourage industry, frugality, personal responsibility, and stewardship. This applied to all, and the results are plain. Calvin saw the value, and the continuing endurance of both saving and of making a profit. He understood these endeavors as benefits to society, not detriments. He also recognized that hoarding and greed were not the basis of the market system, but were rather a threat to it-a threat other economic systems sacrifice personal freedom and responsibility in order to discourage. In Calvin and Commerce: The Transforming Power of Calvinism in market Economies we discover that Calvin's economic theory has extended far beyond Europe, but it never extended beyond Calvin's attempt to faithfully explain the Scriptures, and what those very Scriptures teach us about the nature of money and humanity. A great read for anyone who is trying to sort out how they feel economically and theologically when it comes to money. This will make prime reading for church courses on Calvin, business courses, and, of course, classes on Calvin' life, theology and influence.
This 5th volume in the Calvin 500 series will analyze the impact of Calvin's ideas on business/economics/ finance/industry. Calvin and Commerce (co-editor, Matthew Burton of the Invisible Hand Foundation, a private charitable foundation), will both articulate fundamental economic realities and gather business leaders and experts to show how Calvinism leads to strengths and advantages in market economies.
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