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Economic ethics according to Luther: towards a dialogue between economics and theology

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  • Michael Borowski

Abstract

Over the last decades, Luther’s writings on economic matters have been re-evaluated widely and deeply. In this paper, I will survey three of the most important contributions—quite different ones, but I claim that all of them paint different dimensions of the same picture. In addition to the historical, practical, and methodological perspective, I suggest to pay attention to Luther’s own theological method, which would be part of a grammar of economic ethics “according to Luther”. Further aspects of this grammar would be Luther’s framework (e.g., church and state) and Luther’s agenda (e.g., law and gospel). I conclude that applying such a grammar in new economic situations is not only a reasonable approach for non-theologians, but that it might genuinely do justice to Luther’s thought.

Suggested Citation

  • Michael Borowski, 2019. "Economic ethics according to Luther: towards a dialogue between economics and theology," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 66(3), pages 265-276, September.
  • Handle: RePEc:spr:inrvec:v:66:y:2019:i:3:d:10.1007_s12232-018-0310-2
    DOI: 10.1007/s12232-018-0310-2
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    More about this item

    Keywords

    Martin Luther; Economics; Theological method; Theology;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • G0 - Financial Economics - - General
    • N0 - Economic History - - General
    • P4 - Political Economy and Comparative Economic Systems - - Other Economic Systems
    • Y3 - Miscellaneous Categories - - Book Reviews
    • Y4 - Miscellaneous Categories - - Dissertations

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