Religion, Economics, & Culture

Oct 24, 2003Oct 27, 2003
Norfolk, VA

The Mercatus Center and the Center for the Economic Study of Religion, CESR, sponsored the second annual conference on Religion Economics and Culture to establish economic methodology as a recognized and respected approach to the study of religion and spirituality. Ten multi-paper sessions presented research on topics such as the rise of Pentecostalism in the former Soviet Union and Latin America; the origins of religious liberty in Britain and the U.S; the impact of religion on education in rural India; and a study of factors that make religious kibbutzim more stable than secular ones. Noted economist Deirdre McCloskey gave a keynote address on "The Bourgeois Virtues." In her talk, Professor McCloskey equated the virtue of "prudence" with the economic notion of utility maximization.