2002 Christianity and Economics

Pruit Memorial Symposium and Lilly Fellows Program National Research Conference
Thursday, November 7—Saturday, November 9, 2002

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Program Description

Baylor’s Department of Economics in conjunction with the Institute for Faith and Learning will host “Christianity and Economics: Integrating Faith and Learning in Economic Scholarship” November 7-9, 2002. Jointly sponsored by Baylor’s Pruit Memorial Endowment and the Lilly Fellows Program in Humanities and the Arts, the event will bring together the annual Pruit Memorial Symposium and the second annual Lilly National Research Conference. The Pruit Memorial Symposium will be organized around a keynote address and several plenary sessions. The keynote speaker will address the general conference theme and the plenary speakers will cover the various aspects of the role of the Christian economist.

The Lilly National Research Conference will feature five concurrent sessions exploring a variety of topics, general and particular, associated with, or suggested by, the very idea of Christian perspectives in economics. Each session will be divided into four topic areas with three papers each. Some papers may be invited, but the majority will come from an open call for papers to faculty at Lilly Network of Institutions.

Christianity and Economics: Integrating Faith and Learning in Economic Scholarship will address the challenges and opportunities facing Christian economists in the discipline today. This two and one-half day symposium intends to include a broad range of denominational perspectives and philosophies of political economy. The symposium will be organized around three broadly defined roles of the economist, scholar, philosopher, and advocate. It will bring together scholars from a wide variety of disciplines who are interested in exploring issues related to the integration of faith and scholarship in economics.

Most scholarship devoted to the integration of Christian values and economics has been out of the mainstream, as defined by publication in the leading journals and major university presses. While the basis of modern economics, to use Paul Vitz’s description, is functional atheism, a Christian perspective is not wholly absent. Such publications as Christian Scholars’ Review, the Journal of the Association of Christian Economists, the Journal of Social Economics, and the Journal of Markets and Morality have shouldered the responsibility of promoting Christian scholarship. It is our belief that the Christian faith should make a difference in the work and scholarly activities of economists. If Christian values are not incorporated into the work of economists, it is likely to create a vacuum where other types of values will dominate. Our objective is to explore with Christian scholars from a variety of disciplines the appropriate ways of integrating faith and scholarship in economics.

Affiliated with the Baptist General Convention of Texas, Baylor University is the oldest university in the state of Texas—with its 1845 charter predating the entry of the Republic of Texas into the Union. The university has over 14,000 students, making it the largest Baptist university in the world. With an endowment now valued at over $600 million, the university ranks 74th in the most recent Chronicle of Higher Education Almanac.

The vision of Baylor’s founders and the ongoing commitment of generations of students and scholars are reflected in the motto inscribed on the Baylor seal: “Pro Ecclesia, Pro Texana,” which we now understand to mean—“For Church, For Society.” Thus, it is not surprising that Baylor’s mission statement declares that Baylor “is to educate men and women for worldwide leadership and service, both in the church and in society.”

In keeping with this commitment, the conference will maintain the highest standards of excellence upon which the university’s reputation is built. Understandings of how the Christian worldview can be integrated into economic scholarship will not only benefit the Baylor community of students and scholars, but will spill over for the benefit of the greater community of scholars worldwide.

Featured Guests

Keynote Speaker

George M. Marsden

Francis A. McAnaney Professor of History
University of Notre Dame

  • The Outrageous Idea of Christian Scholarship (1997)
  • The Soul of the American University: From Protestant Establishment to Established Nonbelief (1994)
  • Understanding Fundamentalism and Evangelicalism (1991)
  • Religion in American Culture (1990)

Plenary Speakers

Rebecca M. Blank

Dean, Gerald R. Ford School of Public Policy
Henry Carter Adams Collegiate Professor of Public Policy
University of Michigan

  • Do Justice: Linking Christian Faith and Modern Economic Life (1992)
  • The New World of Welfare (co-edited with Ron Haskins 2001)
  • It Takes a Nation: A New Agenda for Fighting Poverty (updated edition 1998)
  • Social Protection Versus Economic Flexibility: Is There a Trade-Off? (editor 1994)

Judith Dean

International Economist
U. S. International Trade Commission
Associate Professor of Economics, SAIS, Johns Hopkins University (1990-2000)

  • International Trade and the Environment (editor 2001)
  • Does Trade Liberalization Harm the Environment? A New Test (2000)
  • Export Bans, Environmental Protection, and Unemployment (1997)
  • The Trade Policy Revolution in Developing Countries (1995)

David Gushee

Graves Professor of Moral Philosophy Senior Fellow
Carl F. H. Henry Center for Christian Leadership
Union University

  • Christians and Politics Beyond the Culture Wars: An Agenda for Engagement (2000)
  • Toward and Just and Caring Society: Christian Responses to Poverty in America (1999)
  • The Future of Christian Higher Education (coeditor with David S. Dockery and Robert Andringa 1999)

Glenn C. Loury

Professor of Economics
Director of the Institute on Race and Social Division
Boston University

  • One by One from the Inside Out: Essays and Reviews on Race and Responsibility in America (1996)
  • Mending Fences: Renewing Justice Between Government and Civil Society (contributed essay 1998)
  • From Children to Citizens: Families, Schools, and Delinquency Prevention (coeditor with James Q. Wilson)
  • An Analysis of the Efficiency and Inflationary Impact of the Decontrol of Natural Gas Prices (1981)

Robert H. Nelson

School of Public Affairs
University of Maryland

  • Economics as Religion: From Samuelson to Chicago and Beyond (2001)
  • Reaching for Heaven on Earth: The Theological Meaning of Economics (1991)
  • Public Land and Private Rights: The Failure of Scientific Management (1995)
  • The Making of Federal Coal Policy (1983)

Michael Novak

George Frederick Jewett Scholar in Religion, Philosophy, and Public Policy
American Enterprise Institute

  • Business as a Calling: Work and the Examined Life (1996)
  • The Catholic Ethic and the Spirit of Capitalism (1993)
  • The Spirit of Democratic Capitalism (revised 1991)
  • To Empower People: From State to Civil Society (editor, 1996)
  • The Fire of Invention: Civil Society and the Future of the Corporation (1997)

Plenary Discussants

Earl Grinols

Professor of Economics
University of Illinois

  • “Management and Information Issues for Industries with Externalities: The Case of Gambling,” Managerial and Decision Economics (forthcoming).
  • “Business Profitability vs. Social Profitability: Evaluating the Social Contribution of Industries with Externalities-The Case of the Casino Industry,” Managerial and Decision Economics (forthcoming).
  • “The Economics of Casino Gambling,” Journal of Economic Perspectives, 14, 1, Winter 2000, 223-225.
  • “Casino Gambling Causes Crime,” Policy Forum, 13, 2, 2000, 1-4.
  • “Distance Effects in Consumption: Measuring Distance Value with Application to Casino Siting,” Review of Regional Studies, 29, 1, 1999, 63-76.
  • “Gambling: An Intrinsically Flawed Product?” Gulf Coast Christian Newspaper, 6, 10, April 1997, 1, 19.
  • “Gambling Economics: A Primer,” Faith and Economics, 28, Fall, 1996, 25-31.

John Tiemstra

Professor of Economics
Calvin College

  • “Spiritual Poverty, Material Wealth,” Perspectives/Reformed Journal, forthcoming.
  • “Wasting Time and Wasting the Earth,” International Journal of Social Economics, forthcoming.
  • “A New Approach to the General Education Economics Course,” in Teaching the Social Economics Way of Thinking (Lewiston, NY), 2000.
  • “Every Square Inch: Kuyperian Social Theory and Economics,” in Religion and Economics: Normative Social Theory (Boston), 1999.
  • “Why Economists Disagree,” in Challenge: The Magazine of Economic Affairs, May/June 1998. Reprinted in Signposts of God's Liberating Kingdom (South Africa, 1998), and in Annual Editions: Economics 99/00 (Guilford, CT, 1999).

Ken Elzinga

Professor of Economics
University of Virginia

  • “Economics and Religion: An Essay,” in James M. Dean and A.M.C. Waterman (eds.) Religion and Economics: Normative Social Theory, Dordrecht: Kluwer Academic Publishers, 1999.
  • “Price Wars Triggered by Entry,” (with David E. Mills) 17 International Journal of Industrial Organization 179 (1999).
  • “Walter Adams: In Memoriam,” 3 Southern Economic Journal 65 (1999).
  • “Industrial Organization and Human Action,” 19 Cato Journal, 233 (1999).
  • “Independent Service Organizations and Economic Efficiency,” Economic Inquiry, Vol 39, 2001.
  • “U.S. v. Microsoft: Remedy or Malady?” with David. S. Evans and Albert L. Nichols, 9 George Mason Law Review, 633 (2001).
  • “Predatory Pricing and Strategic Theory,” with David E. Mills, 89 Georgetown Law Journal, 2475 (2001).
  • “Fifteen Theses on Classroom Teaching.” 68 Southern Economic Journal, 249 (2001).

Charles K. Wilber

Emeritus Professor
Department of Economics
Fellow, Kroc Institute for International Peace Studies
University of Notre Dame

  • Beyond Reaganomics: A Further Inquiry into the Poverty of Economics (1990).
  • The Moral Defense of Free Market Capitalism (1992)
  • Trust, Moral Hazards and Social Economics: Incentives and the Organization of Work (1994)
  • Humane Development: The Political Economy of Peace (1994)
  • Rethinking Human Welfare (1995)
  • The Ethics of Consumption: A Roman Catholic View (1998)
  • Globalization and Democracy (1998)
  • John Paul II, Catholic Social Thought and the Ethics of Consumption (1998)
  • Economics, Ethics and Public Policy, ed., (1998).


Thursday, November 7

11:00 to 12:30 p.m.

Registration, fifth floor of HCB

12:30 to 12:45 p.m.

Official Welcome, HCB 510

12:45 to 2:00 p.m.

Plenary Session 1

  • David Gushee, Graves Professor of Moral Philosophy, Union University: God and Mammon: An Inquiry into the Economic Ethics of Jesus

2:00 to 2:15 p.m.


2:15 to 3:45 p.m

Concurrent Session 1

1A Distributive Justice—Panel 1

  • Barry Harvey, Assistant Professor of Theology, Honors College, Baylor University: Can These Bones Live? Church, Market and the Dismembering of the Body
  • Kenneth Wolfgang Lahners, Doctoral Student in Religion, Baylor University: His Horse-Hoofs Go Before You: G.K. Chesterton and William Cobbett
  • Richard Stanford, David C. Grant Professor of Economics, Furman University: The Economic and Theological Implications of Deservedness

1B Neoclassical Critique—Panel 1

  • George Monsma, Professor of Economics, Calvin College: Christian Faith and Neoclassical Economics: Clashing Worldviews
  • Andrew Samuel, Doctoral Student in Economics, Boston College: Ethics within Economics
  • Jonathan E. Leightner, Associate Professor of Economics, Augusta State University: Utility Versus Self-Sacrificing Love

1C Author Book Presentation

  • Jennifer Roback Morse, Senior Fellow, Hoover Institution: Love and Economics: Why the Laissez-Faire Family Doesn’t Work (Spence Publishing Company, 2001)

1D Public Education

  • Catherine Ruth Pakaluk, Doctoral Student in Economics, Harvard University: Parents as Primary Educators and the Principal-Agent Problem in Education: A Case Study in the Application of Christian Social Teaching
  • Marshall Fritz, Executive Director, Alliance for Separation of School and State: Politics and Education Don't Mix
  • R. Dean Davenport, Doctoral Student in Church-State Studies, Baylor University: Robert Lewis Dabney: A Theologian’s Objections to Public Education

1E Ecology and the Environment—Panel 1

  • Tracy Miller, Associate Professor of Economics, Grove City College: Property Rights and Environmental Stewardship: Towards a Christian Perspective
  • Thomas Dunlap, Professor of History, Texas A&M University: The Christian Roots of Environmentalism

1G The Binary Economics of Louis Kelso

  • William Gish, Psychologist, Metropolitan Development Center: The Remarkable Insight of Louis O. Kelso into Economic and Social Justice
  • Robert Ashford, Professor of Law, Syracuse University College of Law: Using Christian Principles to Enhance Economic Theory and Practice: Binary Economics

3:45 to 4:00 p.m.


4:00 to 5:30 p.m.

Concurrent Session 2

2A Christianity and Austrian Economics

  • Thomas E. Woods, Department of History, Suffolk College: Catholic Social Teaching and Economic Law: The Unresolved Tension
  • Shawn Ritenour, Assistant Professor of Economics, Grove City College: Praxeology as a Christian Economics
  • Jeffrey Herbener, Professor of Economics, Grove City College: Praxeology as a Christian Method of the Social Sciences

2B Methodology and Economics—Panel 1

  • Gary Scott, Department of Economics, St. Mary’s University: How Does Positivism Affect Objectivity in Economics?
  • Patrick Welch, Professor of Economics, St. Louis University: The Relationships of Religion to Economics
  • David Wetzell, Professor of Economics, Universidad de la Americas, Puebla, Mexico: On the Strengths and Weaknesses of the Neo-Classical Paradigm: A Neo-Knightian Critique

2C Author Book Presentation

  • A. J. Conyers, Professor of Theology, Baylor University: The Long Truce : How Toleration Made the World Safe for Power and Profit (Spence Publishing Company, 2001)

2D Legal Issues and Controversies

  • Michael A. Scaperlanda, Edwards Family Chair in Law, University of Oklahoma College of Law: Immigration, Membership, and Community: A Personalist Perspective
  • Paul Knepper, Professor of Social Work and Criminal Justice, East Carolina University: The Economist, the Rabbis, and Crime
  • Kevin Lee, Doctoral Student in Theology, Divinity School of the University of Chicago: The Good Life: A Catholic Perspective on the Economic Analysis of Law

2E Globalization

  • John Sniegocki, Professor of Theology, Xavier University: Catholic Social Teaching and Critics of Neoliberal Globalization
  • Laura Fitzpatrick, Associate Professor of Economics, Rockhurst University: Catholic Social Teaching and Hunger: Sharing the Fruits of the Earth
  • Joseph P. Daniels, Professor of Economics, Marquette University
  • Marc von der Ruhr, Professor of Economics, St. Norbert College: Religion and Individual Global Policy Preferences

2F Economic Perspectives of Orthodox Christianity

  • Stella Hofrenning, Assistant Professor of Economics, Augsburg College: Greek Orthodox Perspectives on Economics
  • Nikolas Gvosdev, Associate Director of the Institute of Church-State Studies, Baylor University
  • Daniel Payne, Doctoral Student in Church-State Studies, Baylor University: The Christian Socialism of Fr. Sergeii Bulgakov: Toward an Orthodox Political Economy

2G Economics and Theology

  • Christian Weber, Associate Professor of Economics, Seattle University: Economic Thinking for the Theologically Minded: A Review Essay
  • Francis Woehrling, Advisor to Commission European Union (retired, European Commission): Human Scarcity Minimization as Instrument of Divine Creation
  • Giacomo Costa, Professor of Monetary Economics, Facolta di Scienze Politiche, Univ. of Pisa: The Economic Theology of the Lord’s Prayer

2H Business Ethics

  • Phillip Thompson, Director, Center for Ethics and Leadership, St. Edward’s University: John Paul II and Jack Welch: An Analysis of Two Catholics and Their Different Ethical Visions
  • J.-Robert Ouimet, President and Chief Executive Officer, Ouimet-Cordon Bleu Inc.: Reconciliation of Human Happiness And Business Profitability : IT CAN BE DONE!

5:30 to 6:30 p.m.

Free time / Late Registration

6:30 to 8:00 p.m.

Keynote Banquet

8:00 to 9:30 p.m.

Keynote Address

  • George Marsden, McAnaney Professor of History, University of Notre Dame: Faith-Informed Scholarship: Some First Principles

9:30 p.m.


Friday, November 8

8:30-10:00 a.m.

Concurrent Session 3

3A Reflections on Adam Smith

  • James Halteman, Hendrickson Professor of Business/Economics, Wheaton College: Moral Reflections on Economics: Can Alasdair MacIntyre and Adam Smith Help?
  • John E. Stapleford, Professor of Economic Development, Eastern University, Self-Interest: The Perspectives of Adam Smith and Scripture
  • Paul Oslington, Senior Lecturer in Economics and Management, University of NSW/ADFA: Theology, Economics and Free Market Advocacy: A Case Study of Smith, Malthus and Their Nineteenth Century Followers

3B Neoclassical Critique—Panel 2

  • Robin Gottfried, Professor of Economics, The University of the South: Salvation, Development and the Ecological Individual
  • Charley Clark, Professor of Economics, St. John’s University: The Challenge of Catholic Social Thought to Economic Theory
  • George Garvey, Professor of Law, Catholic University of America: The Theory of the Firm: A Catholic Perspective

3C Author Book Presentation

  • Michael Budde (presenting), Professor of Political Science, DePaul University: Robert W. Brimlow, Christianity Incorporated: How Big Business is Buying the Church (Brazos Press, 2002)

3D Income Distribution and Redistribution

  • Richard Grant, Undergraduate Student in Economics, Baylor University: Are Liberal Christians Right? Understanding Distributional Ethics of the Evangelical Left
  • Heidi Unruh, Associate Director, Leadership Development Project, Eastern Baptist Seminary: Patterns of Church-Based Responses to Poverty: Justice, Development, Compassion and Transformation
  • Eric Schansberg, Professor of Economics, Indiana University at New Albany: Reversing Robin Hood: Explaining and Reducing Redistribution to the Non-Poor

3E Population Issues

  • Mercedes Arzu Wilson, President, Family of the Americas Foundation: Divorce Rate Comparisons between Couples Using Natural Family Planning and Artificial Birth Control
  • John Berkman, Department of Theology, The Catholic University of America: Family Size, Eugenics, & Dignity of the Poor: Catholic Social Teaching & Neo-Malthusian Economics of Early 20th Century

3F Chiara Lubich: The Economy of Sharing

  • Charles M. Cargille, President, International Population and Family Association: A New Economic Paradigm: The Economy of Sharing of Chiara Lubich
  • Dan Jennings, Professor Emeritus of Social Work, University of Houston: A Spirituality of Communion Expressed as an Economy of Sharing
  • David Peterson, PhD Psychology, University of Houston: Basis of a New Economic Culture: The Economy of Communion

3G Distributive Justice—Panel 2

  • Todd Lake, Dean of University Ministries, Baylor University: “Oppression” and “Injustice” as Key Concepts in a Biblical Understanding of Poverty
  • Christopher Callaway, Doctoral Student in Philosophy, St. Louis University: Thomas Aquinas, Almsgiving, and the Welfare State
  • James Konow, Professor of Economics, Loyola Marymount University: Which Is the Fairest One of All? : A Positive Analysis of Distributive Justice Theories

10:00 to 10:30 a.m.


10:30 to 11:45 a.m.

Plenary Session 2

  • Michael Novak, Jewett Scholar, American Enterprise Institute: The Economist as Philosopher

11:45 to 1:00 p.m

Catered Lunch

1:00 to 2:30 p.m.

Concurrent Session 4

4A Economic Personalism

  • Daniel Rush Finn, Professor of Economics and Theology, St. John’s University: Challenges Facing Economic Personalism
  • Edward O’Boyle, Senior Research Associate, Mayo Research Institute: Comments on the Center for Economic Personalism’s Three Monographs on the Synthesis of Christian Personalism and Free-Market Theory
  • Paul Cleveland, Associate Professor of Economics, Birmingham Southern College: Connections Between the Austrian School of Economics and Christian Faith: A Personalist Approach
  • Stephen Grabill, Research Fellow, Center for Economic Personalism: Introduction to Economic Personalism

4B Methodology and Economics—Panel 2

  • James Sauer, Professor of Philosophy, St. Mary’s University: Christian Faith, Economy and Economics: What Do Christian Ethics Contribute to Understanding Economies?
  • Bruce Webb, Professor of Economics, Gordon College: Is there Value-Added in Christian Scholarship: The Case of Unemployment
  • Kurt Schaefer, Professor of Economics, Calvin College: Measurement in Economics

4C Author Book Presentation

  • Albino Barrera, Associate Professor of Humanities, Providence College: Modern Catholic Social Documents and Political Economy (Georgetown University Press, 2001)

Teaching Economics—Panel 1

  • Bill Tillman, Professor of Christian Ethics, Hardin-Simmons University: A Pedagogy for Christians and the Environment
  • Paul R. Koch, Professor of Economics, Olivet Nazarene University: The Meaning of Biblical/Christian Metaphors in Economic Analysis and Instruction
  • John Pisciotta, Associate Professor of Economics, Baylor University: Using the Grandchildren of John Maynard Keynes to Explore Ethics in Introductory Economics

4E Economic Systems: Third Ways and Socialism

  • Christopher Shannon, Department of Social Work and Anthropology, St. Mary’s College (Indiana): A Catholic Third Way? Historical Observations on the State and the Market in Catholic Social Teaching
  • Larry Harwood, Assistant Professor of Philosophy, Viterbo University, Christian Economies and Secular Socialism: Ends and Ends

4F Protestant Perspectives on Political Economy

  • Bryan Bademan, Doctoral Student in History, University of Notre Dame: Evangelical Economics in Industrializing Scotland: Thomas Chalmer’s Political Economy
  • Stewart Davenport, Assistant Professor of History, Pepperdine University: Making Political Economy Safe for the Christian Republic, 1820-1860
  • Gideon Strauss, Research & Education Director, Christian Labor Association of Canada: The Economic Thought of Kuyper and the Emergence of Christian Labor

4G Moral Foundations of Capitalism—Panel 1

  • Douglas Downing, Associate Professor of Economics, Seattle Pacific University: Are Market Values Wrong?
  • Robin Klay and John Lunn, Professors of Economics, Hope College: The Providence of God in Relationship to Market Economies and Economic Theory
  • Edd S. Noell, Professor of Economics and Chair, Westmont College: Wealth and Market Exchange in the Gospels: Re-examining the Evidence

2:30 to 2:45 p.m.


2:45 to 4:15 p.m.

Concurrent Session #5

5A Intermediate Institutions in Catholic & Reformed Thought

  • Ray Pennings, Chair, Center for Industrial Relations Innovation, Work Research Foundation: Applying a Kuyperian Framework to North American Economic Institutions
  • Mark Lowery, Professor of Theology, University of Dallas: Subsidiarity and the Relationship of Social Capital to Economic Capital
  • Gregory Beabout, Associate Professor of Philosophy, St. Louis University: Subsidiarity in the Economic Thought of John Paul II

5B Mathematical and Econometric Perspectives on Religion

  • James E. Hartley, Associate Professor of Economics, Mount Holyoke College: Augustine, Luther and Calvin: Pioneers of the Nonstochastic Dynamic General Equilibrium Model
  • Carl Gwin and Charles North, Assistant Professors of Economics, Baylor University: The Unintended Consequences of the Establishment of Religion
  • Rock-Antoine Mehanna, Assistant Professor of Business and Economics, Wartburg College: International Trade, Religion, and Political Freedom: An Empirical Investigation

5C Author Book Presentation

  • Philip Jenkins, Distinguished Professor of History and Religious Studies, Pennsylvania State University: The Next Christendom: The Coming of Global Christianity (Oxford University Press, 2002)

5D Labor and Labor Markets

  • John Mizzoni, Assistant Professor of Philosophy, Villanova University, Neumann College: Perspectives of Work in Our Capitalistic Culture
  • Daniel Fairchild, Associate Professor of Economics, University of St. Thomas: The Option for the Poor and Minimum Wage Laws
  • Robert Kennedy, Professor of Management, University of St. Thomas: The Practice of Just Compensation

5E World Poverty, Trade, and Development

  • Matthew Pearson, Graduate Student in Theology, St. Louis Covenant Seminary: Globalization and International Trade: Evaluating the Impact on the Poor, the Environment, and Culture
  • Rev. Raymond J. de Souza, Doctoral Student in Theology, Pontifical University of the Holy Cross: Economic Liberty & International Trade as a Prescription for Development in Pope John Paul II’s Centesimus Annus
  • Pedro de Jesus Pallares Yabur, Professor and Academic Coordinator, Universidad Panamericana, Guadalajara, Mexico: Mexico and Its Poverty

5G Business Ethics

  • Stephen J. Conroy, Assistant Professor of Economics, University of West Florida, Tisha Emerson, Assistant Professor of Economics, Baylor University: Business Ethics and Religion: The Role of Religiosity in Response to Ethical Situations
  • John Wood, Professor of Religion, Baylor University: Enron and Business Ethics: History Repeating Itself

4:15 to 4:30 p.m.


4:30 to 5:45 p.m.

Plenary Session #3

  • Rebecca Blank, Dean, Gerald Ford School of Public Policy, University of Michigan: Understanding Markets as Both an Economist and a Christian

5:45 to 7:00 p.m.

Catered Dinner, Truett Seminary Great Hall

7:00 to 8:00 p.m.

Vespers Service, Truett Seminary Chapel

8:00 to 9:30 p.m.

Plenary Session #4

  • Glenn Loury, Professor of Economics, Boston University: Anatomy of Racial Inequality

Saturday, November 9

8:30 to 10:00 a.m.

Concurrent Session #6

6A Augustine and Aquinas on Markets

  • Andrew Yuengert, Associate Professor of Economics, Pepperdine University: Aquinas in the Marketplace of Ideas: Teleology and Market Exchange
  • Richard Dougherty, Professor of Politics, University of Dallas: Catholicism and the Economy: Early Thinking on Property Ownership
  • Rachel Douchant, Doctoral Student in Philosophy, St. Louis University: Thomas, Just Price and Just Exchange

6B Methodology and Economics—Panel 3

  • James A. Marcum, Associate Professor of Philosophy, Baylor University: Economics, the Physics of the Social Sciences? A Philosophy of Science and Christian Theology Critique
  • Robert C. Roberts, Distinguished Professor of Ethics, Baylor University: Rational Choice: A Philosopher’s Perspective

6C Faith-Based Anti-Poverty Programs

  • Paul Oslington, Senior Lecturer in Economics and Management, Australian Defense Force Academy: The Australian Experience of Contracting Welfare and Labor Market Services to the Churches
  • William Lockhart, Assistant Professor of Sociology, Baylor University: The Many Capitals of Faith-Based and Secular Poverty-to-Work Programs: Exploring the Roles of Social, Cultural, Religious

6D Neoclassical Economics: Valuation Issues

  • Eugene McCarraher, Assistant Professor of Humanities, Villanova University: The Enchantments of Capitalism: Commodity Fetishism, Christian Theology and the Economic Imagination
  • John D. Mason, Professor of Economics, Gordon College: Tiebout, Education and the Ethics of Choice

6E Consumerism, Work, and Sabbath

  • Darrel Colson, Provost and Dean of the College, Centenary College: Arendt, Thoreau and Oikonomikos
  • Fr. Timothy V. Vaverek, Pastor, St. Joseph’s Catholic Church, Waco, TX: Christian Asceticism : Breaking Consumerism’s Destructive Hold
  • Norman Wirzba, Professor of Philosophy, Georgetown College: Toward a Sabbath Economy: A Theological Framework for Economists

6F Christian Ethics and the Market Economy

  • William L. Anderson, Professor of Business Management, Frostburg State University, Timothy D. Terell, Professor of Economics, Wofford College: Biblical Stewardship and a Private Property Order
  • Don Mathews, Associate Professor of Economics, Coastal Georgia Community College: The Catholic Perspective on Private Property and Capitalism

6G The Political Economy of Niebuhr and John Paul II

  • John Pawlikowski, Professor of Social Ethics, Catholic Theological Union: Pope John Paul II on the Market Economy
  • Charles McDaniel, Interim Associate Director of the J. M. Dawson Institute, Baylor University: Reinhold Niebuhr’s “Economic Realism”: A Critical Response to Austrian Subjectivism in American Christian Economic Thought

10:00 to 10:30 a.m.


10:30 to 11:45 a.m.

Plenary Session #5

  • Robert Nelson, Professor, School of Public Affairs, University of Maryland: The Theological Meaning of Economics

11:45 to 1:00 p.m.

Catered Lunch, HCB Blume Conference/Seminar Rooms

1:00-2:30 p.m.

Concurrent Session #7

7A Economics of Religion

  • Victor Claar, Assistant Professor of Economics, Hope College, John Lunn, Professor of Economics, Hope College: An Economic Model of Forgiveness
  • John E. Anderson, Professor of Economics, University of Nebraska: Churches and Clubs: The Economics of Religious Preferences and Sorting Using Club Theory
  • Steve Green, Chair, Department of Economics, Baylor University: Religious Faith, Time Inconsistency, and the Economics of Self-Control

7B Homo Economicus and Other Perspectives on the Human Person

  • Rick Martinez, Assistant Professor of Management, Baylor University: Economic Man in the Mirror: Reflecting God Through Creative, Efficient and Rational Actors
  • Gerald Smith, Professor of Economics, Minnesota State University: Human Nature, Economic Theory, and Christian Social Thought
  • Marjorie J. Cooper, Professor of Marketing, Baylor University: Modernity, Post-Modernism, and Economic Loss

7C Teaching Economics—Panel 2

  • Patrick Orsquo;Neill, Professor and Chair of Department of Economics, University of North Dakota: Including Christian Principles in Principles of Economics Courses at a State University: An Experiment in Expanding the Curriculum
  • Emil Berendt, Assistant Professor of Economics, Friends University: Using Genesis to Teach Religious Aspects of Economics

7D World Poverty and Development

  • Adel Abadeer, Associate Professor of Economics, Calvin College: Christian Perspectives on Modern Day Slavery
  • Robert Black: Professor of Economics, Houghton College: Why are Some Nations Rich and Others Poor?
  • Jonathan Warner, Professor of Business and Economics, Dordt College: Sustainability, Sphere Sovereignty and the Limits of Government

7E Historical Experience

  • Ian Hodge, Owner and Principal, Stoliarsky School of Music, Australia: Christianity and Economic Progress in Western Civilization
  • Zachary R. Calo, Doctoral Student in History, University of Pennsylvania: The Ethical Aspects of Economic Doctrine: John A. Ryan, Catholic Liberalism, and the Origins of Industrial Democracy
  • Bill Campbell, Professor of Economics, Retired, Louisiana State University: Wealth and Poverty in Renaissance Florence

7F Moral Foundations of Capitalism—Panel 2

  • Catherine Ruth Pakaluk, Doctoral Student in Economics, Harvard University, Michael Pakaluk, Associate Professor of Philosophy, Clark University: Ethical Limitations of the Market and Economic Analysis
  • Kent A. Van Til, Doctoral Student in Religion, Marquette University: The Amorality, Morality and Immorality of Capitalism

7G Panel discussion on Robert Fogel’s The Fourth Great Awakening and the Future of Egalitarianism

  • Kent Gilbreath, Department of Economics, Baylor University
  • Barry Hankins, Department of History, Baylor University

2:30 to 2:45 p.m.


2:45 to 4:00 p.m.

Plenary Session #6

  • Judith Dean, International Economist, U. S. International Trade Commission: No Compromise: The Christian Economist as a Mainstream Scholar

4:00 to 4:15 p.m.


4:15 to 5:45 p.m.

Closing Panel Discussion

  • Earl L. Grinols, Professor of Economics, University of Illinois at Urbana-Champaign
  • Kenneth G. Elzinga, Professor of Economics, University of Virginia
  • John P. Tiemstra, Professor of Economics, Calvin College
  • Charles K. Wilber, Emeritus Professor of Economics, University of Notre Dame


Conference Coordinator: James W. Henderson, Ben Williams Professor in Economics, Baylor University

Conference Organizer: John Pisciotta, Associate Professor, Department of Economics, Baylor University

Baylor Faculty Serving on the Local Steering Committee:

  • Michael D. Beaty, Professor of Philosophy and Vice Provost for Faculty Development, Baylor University
  • Steven L. Green, Chairman and Professor of Economics and Statistics, Baylor University
  • Douglas V. Henry, Acting Director, Institute for Faith and Learning, Baylor University
  • Robert B. Kruschwitz, Professor of Philosophy and Director, Center for Christian Ethics, Baylor University
  • Donald D. Schmeltekopf, Provost and Vice President for Academic Affairs, Baylor University


The following have provided funding for this conference:

Major Sponsors

The Lilly Fellows Program in Humanities and the Arts
Pruit Memorial Endowment, Baylor University

Other Sponsors

Office of the Provost, Baylor University
Institute for Faith and Learning, Baylor University
Hankamer School of Business, Baylor University