Ebook Faith, Finance, and Economy - Beliefs and Economic Well-Being

Faith, Finance and Economy is an edited volume consisting of chapters written by scholars from many academic disciplines, including theology, philosophy, history, law, economics, and business. While the scholars represented in the book do come from a variety of philosophical perspectives, they share a common interest in the connections between faith and fnance.
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Ebook Faith, Finance, and Economy - Beliefs and Economic Well-Being FAITH, FINANCE, AND ECONOMY BELIEFS AND ECONOMIC WELL- BEING Edited by Tanweer Akram · Salim Rashid Faith, Finance, and Economy “The connections between faith and finance are fundamental for a flourishing economy, as every banker and policymaker should know. Given the challenges of global finance in this century, however, one wonders how faith may succeed in confronting the inequalities and injustices that arise? It takes scholars from differ- ent faiths and disciplines to analyze and solve these problems. The essays in this volume give readers hope that faith, deeply understood, can overcome the intrin- sic dilemmas of finance, even on today’s global scale.” —Larry D. Neal, Professor Emeritus of Economics, University of Illinois at Urbana-Champaign “The authors of this important volume of essays wrestle with questions such as: What is the best arrangement for creating wealth and reducing inequality and poverty? How does God, as interpreted by several major faiths, want soci- ety organized so that the economic system allows all humans to flourish? Is lib- erty compatible with inequality in income and wealth? Can humanity manage the juggernaut of rampant consumerism? What foundational contributions to Economic Development were made by Anglican Clergymen such as George- Berkeley, Josiah Tucker and Jonathan Swift? What does Islamic finance offer in the area of ethical investments and modern-day finance? How have modern cor- porations navigated issues of faith in the workplace? Finally, what is meant by ‘moral ecology’ as practiced in Catholic social teachings? One hopes the book will be widely read by students of religion, economics and business for a better understanding of our world.” —Munir Quddus, Dean of the College of Business, Prairie View A&M University “A comprehensive study of economic life and ideas in modern society cannot ignore the religious culture in which they occur. This highly interesting collec- tion of essays is a valuable contribution to that study.” —A. M. C. Waterman, Professor Emeritus of Economics, University of Manitoba Tanweer Akram · Salim Rashid Editors Faith, Finance, and Economy Beliefs and Economic Well-Being Editors Tanweer Akram Salim Rashid Thrivent Emeritus Professor, Department Minneapolis, MN, USA of Economics University of Illinois-Urbana Champaign Urbana, IL, USA University Professor East West University Dhaka, Bangladesh ISBN 978-3-030-38783-9 ISBN 978-3-030-38784-6  (eBook) https://doi.org/10.1007/978-3-030-38784-6 © The Editor(s) (if applicable) and The Author(s) 2020. This book is an open access publication. Open Access This book is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made. The images or other third party material in this book are included in the book’s Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the book’s Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland Preface Faith and finance may appear at first glance to be two different and dis- connected subjects. However, this book shows the deep and intricate connection between faith and finance in different countries, societies, and eras. This book is addressed not just to economists, investment pro- fessionals, theologians, and philosophers, but also to the public as well as policymakers. Faith, Finance and Economy is an edited volume consisting of chapters written by scholars from many academic disciplines, including theology, philosophy, history, law, economics, and business. While the scholars rep- resented in the book do come from a variety of philosophical perspec- tives, they share a common interest in the connections between faith and finance. The chapters are based on ...