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Distributional implications of contemporary Judeo-Christian economics

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  • Clive Beed
  • Cara Beed
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    Abstract

    Distributional issues have re-emerged as an important issue in economics, social science, and philosophy in the last few decades. In the same period, the relevance of derivative Judeo-Christian socio-economic principles to the contemporary world has been (re)asserted, developing an incipient Judeo-Christian economics. Methodologically, this undertaking is comparable to that underlying the evolution of Islamic and other forms of religious economics. The methodology employed in the Judeo-Christian undertaking is described via a worked example. The example shows how normative principles can be derived from Judeo-Christian thought allegedly relevant to shaping the contemporary distribution of wealth and income. The principles are deduced from a particular sub-set of Judeo-Christian source material, and have the effect of generating greater equity in economic distribution. The deductions are compared with selected ideas canvassed in recent economics' discussion about inequitable distribution concerning appropriate criteria for guiding redistributional policy, ideas of “equal opportunity” vs “equal outcomes”, and the relation between distribution and economic growth.

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    Bibliographic Info

    Article provided by Emerald Group Publishing in its journal International Journal of Social Economics.

    Volume (Year): 31 (2004)
    Issue (Month): 10 ( September)
    Pages: 903-922

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    Handle: RePEc:eme:ijsepp:v:31:y:2004:i:10:p:903-922

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    Related research

    Keywords: Christianity; Distribution of wealth; Economics; Equality; Judaism;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Clive Beed & Cara Beed, 2002. "Work Ownership Implications of Recent Papal Social Thought," Review of Social Economy, Taylor & Francis Journals, Taylor & Francis Journals, vol. 60(1), pages 47-69.
    2. Persson, T. & Tabellini, G., 1993. "Is Inequality Harmful for Growth," Papers, Stockholm - International Economic Studies 537, Stockholm - International Economic Studies.
    3. Blanchflower, D.G. & Oswald, A., 1991. "What Makes an Entrepreneur?," Economics Series Working Papers 99125, University of Oxford, Department of Economics.
    4. Edward N. Wolff, 1998. "Recent Trends in the Size Distribution of Household Wealth," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 12(3), pages 131-150, Summer.
    5. Keister,Lisa A., 2000. "Wealth in America," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521627511.
    6. Fleurbaey, Marc, 1995. "Equal Opportunity or Equal Social Outcome?," Economics and Philosophy, Cambridge University Press, vol. 11(01), pages 25-55, April.
    7. Mo, Pak Hung, 2000. "Income Inequality and Economic Growth," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 53(3), pages 293-315.
    8. Keister,Lisa A., 2000. "Wealth in America," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521621687.
    9. Beed, Clive & Beed, Cara, 2002. "Judeo-Christian principles for employment organisation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, Elsevier, vol. 31(5), pages 457-468.
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    Cited by:
    1. Harry Buren & Michelle Greenwood, 2013. "The Genesis of Employment Ethics," Journal of Business Ethics, Springer, Springer, vol. 117(4), pages 707-719, November.

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