Bulls, Bears, and Golden Calves: Applying Christian Ethics in Economics  -     By: John E. Stapleford, Francis X. Tannian
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Bulls, Bears, and Golden Calves: Applying Christian Ethics in Economics

IVP Academic / 2009 / Paperback

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Product Description

Economics and ethics---together. Interacting with seven introductory textbooks and exploring moral challenges in macro-, micro-, and international-economic theories, Stapleford offers a Christian response. Features new chapters covering executive compensation, the effects of corruption, and rural development; revisions to the topics of environmental stewardship and immigration policy; and updated data, charts, and graphs.

Product Information

Format: Paperback
Number of Pages: 256
Vendor: IVP Academic
Publication Date: 2009
Dimensions: 9.00 X 6.00 (inches)
ISBN: 0830827242
ISBN-13: 9780830827244
Availability: Usually ships in 24-48 hours.

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Publisher's Description

Self-interest, economic efficiency and private property rights are among the most basic assumptions of market economics. But can an economic theory built on these assumptions alone provide adequate insight into human nature, motivation and ultimate goals to guide our economic life? John Stapleford says no, along with those economists who recognize the limits of their discipline. He insightfully shows us in detail how ethics are inextricably intertwined with economic life and analysis. Writing from a Christian ethical perspective, he interacts with seven standard introductory economics texts, exploring the moral challenges embedded in various macro-, micro- and international economic theories and outlining a faithful response to them. Keyed to seven of the most widely used introductory economics texts--Gwartney, Stroup & Sobel; Mankiw; Mansfield & Behravesh; McConnell & Brue; Miller; Samuelson & Nordhaus; and Stiglitz--this book will be especially useful for introductory courses in economics. This revised and expanded edition includes updated charts and graphs and three new chapters covering executive compensation, the effects of corruption and rural development.

Author Bio

John E. Stapleford (PhD, University of Delaware) is president of the Caesar Rodney Institute, an education nonprofit. He is also principle in DECON and a professor emeritus of economic development with Eastern University. Previously he was an associate director and senior economist with Moody's Analytics, and for two decades he was the director of the Bureau of Economic Research at the University of Delaware and founded the Delaware Small Business Development Center. With a graduate degree in government and planning and a doctorate degree in urban and regional economics, Stapleford has been published in many professional journals including and the He is also the author of

Author Bio

John E. Stapleford (Ph.D., urban and regional economics, University of Delaware; M.A., government and planning, Southern Illinois University) is senior economist with Moody's Economy.com and retired professor of economic development from Eastern University, where he served for three years as the chair of the Department of Business and the director of business programs. He was formerly the director of the Bureau of Economic Research at the University of Delaware and founded the Delaware Small Business Development Center.

Stapleford has been published in many professional journals including Growth and Change, Christian Scholars Review, Journal of Markets & Morality, Faith & Economics, Journal of Biblical Integration in Business and the Journal of Public Budgeting, Accounding and Financial Mangement. He is also the author of Bulls, Bears and Golden Calves: Applying Christian Ethics in Economics.

Publisher Description

Self-interest, economic efficiency and private property rights are among the most basic assumptions of market economics. But can an economic theory built on these assumptions alone provide adequate insight into human nature, motivation and ultimate goals to guide our economic life?

John Stapleford says no, along with those economists who recognize the limits of their discipline. He insightfully shows us in detail how ethics are inextricably intertwined with economic life and analysis. Writing from a Christian ethical perspective, he interacts with seven standard introductory economics texts, exploring the moral challenges embedded in various macro-, micro- and international economic theories and outlining a faithful response to them.

Keyed to seven of the most widely used introductory economics texts--Gwartney, Stroup & Sobel; Mankiw; Mansfield & Behravesh; McConnell & Brue; Miller; Samuelson & Nordhaus; and Stiglitz--this book will be especially useful for introductory courses in economics.

This revised and expanded edition includes updated charts and graphs and three new chapters covering executive compensation, the effects of corruption and rural development.

Editorial Reviews

" Bulls, Bears & Golden Calves opens the door for beginning students of economics to the realm of applied Christian thought on the modern economy. John Stapleford's work invites both new students and experienced economists alike to pursue this passageway. Designed to be used as a supplementary text in the teaching of economic principles, its format and content are very helpful for Christian economists looking to introduce students to a biblical perspective on a wide range of modern economic issues. Across a spectrum extending from the lending of money at interest to the thorny problem of immigration, Stapleford provides salutary, compelling examples. His discussion applies careful economic reasoning combined with ethical direction aptly derived from the Scriptures. The book takes seriously the authority of Scripture in critically reflecting on the core assumptions of economics while guiding readers in an irenic yet challenging manner. I strongly recommend Bulls, Bears & Golden Calves as an introductory guide to applying Christian ethics to the world of economics."
"This is a wonderful book! It highlights significant economic issues being faced in America today. It fairly presents the competing worldviews regarding these problems. And it brings Scripture to bear on each area of contention in a way that challenges the reader to think Christianly."
"How does one integrate their faith with the work of selling goods and services and making money? John Stapleford provides a careful and thoughtful Christian worldview of the marketplace. It is a must-read for the serious Christian who has a commitment not only to share their faith but also to live their faith."
"A well-written, much-needed supplement to introductory economics texts."
"The study of economics should not be disconnected from ethical concerns. Bulls, Bears and Golden Calves provides clear guidance for identifying and discussing, within a Christian framework, important ethical issues connected to an economy's organization. Keying the book to the leading textbooks, John Stapleford provides an indispensable resource for students and teachers of introductory economics courses—though the book merits study outside the classroom as well. I particularly appreciated the faithful reliance on Scripture as the ethical benchmark applied throughout the book."

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