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A Critical review of economic analyses of religion

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Author Info
Vikas Kumar () (Indira Gandhi Institute of Development Research)

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Abstract

Recent years have seen increasing interest in economic analyses of religion. We carry out a critical review of Economics of Religion (EoR) in this review essay. We find that on the one hand EoR has made a significant contribution to enhance our understanding of secular trappings of religion and to break the stranglehold of non-rational approach to religion. On the other it has failed systematically to address the core of religion, namely, belief in its purportedly supernatural basis. Furthermore the methodological foundations of EoR are far from settled. We identify the shortcomings of the literature and suggest remedial measures, wherever possible.

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Publisher Info
Paper provided by Indira Gandhi Institute of Development Research, Mumbai, India in its series Indira Gandhi Institute of Development Research, Mumbai Working Papers with number 2008-023.

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Length: 158 pages
Date of creation: Nov 2008
Date of revision:
Handle: RePEc:ind:igiwpp:2008-023

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Related research
Keywords: Church; Credence Goods; Economic Methodology; Inscrutable Markets; Religion;

Find related papers by JEL classification:
A1 - General Economics and Teaching - - General Economics
B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
Z12 - Other Special Topics - - Cultural Economics - - - Religion

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This page was last updated on 2009-11-13.

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