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Shawn Ritenour

Foundations of Economics: A Christian View Paperback – January 1, 2010

by Shawn Ritenour (Author)

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Foundations of Economics: A Christian View is an introduction to economics from an explicitly Christian perspective. It maintains that there is no conflict between Christian doctrine and economic science, properly understood. Therefore, Foundations of Economics has three goals: to demonstrate that the foundations of economic laws are derived from a Christian understanding of nature and humanity; to explain basic economic principles of the market economy and apply them to various economic problems, such as poverty and economic development; and to show the relationship between Christian ethics and economic policy.

Foundations of Economics: A Christian View accomplishes these goals by rooting the fundamental principles of human action in the Christian doctrines of creation and humanity, and integrating them with the Christian ethic of private property. This volume explains the relevance of economics for fulfilling the cultural mandate set forth in the first two chapters of Genesis, by demonstrating how economics can help us in our task to be fruitful and multiply and have dominion over the earth, without spoiling creation, starving to death, or descending into a barbaric struggle for survival.

Print length

564 pages
Language

English
Publication date

January 1, 2010
Dimensions

6 x 1.28 x 9 inches
ISBN-10

1556357249
ISBN-13

978-1556357244
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Editorial Reviews

Review

. . . an elegantly written and engaging work . . Every student can gain from the clear and precise explanations of economic tools of analysis. . . a magnificent and much needed achievement.
--Journal of Markets and Morality (Fall 2010)

There is no other book like Foundations of Economics. . . .the gold standard of introductory treatments of economics in the causal-realist tradition.
--The Journal of Faith and the Academy (Fall 2009)

Ritenour. . . .successfully attacks the status quo. . . . Foundations of Economics adds to the literature important concepts and applications that could assist Christian economists in developing a Christian economics taxonomy. . . .
--Faith and Economics (Fall 2010)

. . . a massive work masterfully demonstrating an Austrian perspective toward the foundations of economic theory and practice.
--Clive Beed and Clara Beed, "The Nature of Biblical Economic Principle, and Its Critics" Faith and Economics, (Spring 2012), pp. 31-58

From the Back Cover

"To speak of an economics textbook as enjoyable, thought-provoking, and at points even entertaining, might seem implausible. But Dr. Shawn Ritenour has accomplished the improbable with Foundations of Economics, an outstanding work that makes the sometimes obtuse jargon of economics easily understood. Practical in application and sound in economic theory, Dr. Ritenour's excellent text is unapologetically free market oriented and incorporates a biblical worldview, providing a perspective on economics nearly universally missed by other texts. I pray the book finds a wide audience."
--David Wesley Whitlock
President, Oklahoma Baptist University

"Dr. Ritenour has written an exceptional economics text. The book simultaneously avoids technical jargon, injects humor into the alleged 'dismal science,' and seamlessly integrates the Christian faith into the discipline. Dr. Ritenour's text is a great illustration of how practical and applicable the study of economics can be."
--Dr. Ronda O. Credille
Professor of Business Administration, Southwest Baptist University

"Shawn Ritenour's Foundations of Economics is everything a textbook on economics should be: clear, well organized, easy to understand--and interesting! Ritenour presents the material with the effortless ease of the expert, in a way suited to the beginning or intermediate student. That he roots economic principles in biblical wisdom making this a truly momentous contribution and a blessing to anyone fortunate enough to study from it."
--Thomas E. Woods, Jr.
author of Meltdown: A Free-Market Look at Why the Stock Market Collapsed, The Economy Tanked, and Government Bailouts Will Make Things Worse.

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Product details

Publisher ‏ : ‎ Wipf and Stock; 59910th edition (January 1, 2010)
Language ‏ : ‎ English
Paperback ‏ : ‎ 564 pages
ISBN-10 ‏ : ‎ 1556357249
ISBN-13 ‏ : ‎ 978-1556357244
Item Weight ‏ : ‎ 1.7 pounds
Dimensions ‏ : ‎ 6 x 1.28 x 9 inches

Best Sellers Rank: #721,794 in Books (See Top 100 in Books)
- #13,063 in Economics (Books)
- #52,378 in Social Sciences (Books)
- #66,444 in Science & Math (Books)

Customer Reviews:
19 ratings

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Top reviews from the United States

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Jeff Leyerle

Wonderfully presented and organized material

Reviewed in the United States on September 12, 2019

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I have been highly interested in economics, especially the Austrian school, for many years and have been seeking to expand my learning of the subject. After watching one of Mr. Ritenour's passionate talks on YouTube from the Mises Institute, I wanted to learn more. When I learned he wrote a book that shines a Christian perspective on the Austrian School of Economics, I knew this was a book I had to read.

Mr. Ritenour eloquently lays out economic principles while also relating the subject to Biblical principles. I connected deeply with the material and it has truly been a joy to read and learn. As someone who has always been rather "entrepreneurial", I liked how the high level overview is then supported by simple stories that illustrate the principles in an easy to understand way. Since it also references many parts of the Bible, this book has been helpful for me to understand how I can live out God's mandate, be a better Christian, and be a better entrepreneur. Sometimes the reader is challenged with logic using tables, graphs, and mathematics, but learning and comprehending this world isn't always an easy ride.

This book is a true gem and asset to my library. Thank you Mr. Ritenour!

Helpful

Michael Vang

Great Basic Econ Knowledge but lacking in Biblical Analysis

Reviewed in the United States on May 17, 2020

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I appreciated this work because I am seeking to study the philosophy of economics. Learning about the historical development of economics has allowed me to concur that the study of this discipline doesn't have to be math intensive which is why I appreciated this textbook.

I will say that I am not satisfied with his biblical analysis. I want more and have not found any economic analysis or commentary of the Bible except for Gary North's commentary set. I have read some of North's commentary on particular passages that interested me but even North's work is lacking in depth.

Reviewed in the United States on January 4, 2019

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Shawn Ritenour has done the Church a great service. This book is a wonderful introductory text on economics that has plenty of meat. He adheres to the Austrian school of economics and is not shy about it. But regardless if you subscribe to all the Austrian theory or not, this book provides plenty of Biblical insight into the nature of economics and the moral issues we face as Christians. Also, he uses wonderful and witty illustrations which help drive home the points being made.

Reviewed in the United States on August 30, 2010

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One of the best expositions on economics in years. Dr. Ritenour has presented materials (articles, lectures, etc.) on [...], however, that work is complied in this one text. It could be a classroom text, a Sunday School text, and/or supplementary for most laymen. Shawan takes complex elements of economics but builds a strong foundation based on an ethical/Biblical approach as to how to filter the raw "dismal" concepts. From the story of the talents through Aristotle and Aquinas, the subject of economics becomes richer and deeper than merely supply and demand curve and multipliers. Well-done Dr. Ritenour....another I hope to see soon.

19 people found this helpful

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Kagami

Excellent Book

Reviewed in the United States on April 8, 2015

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This author of this book is the professor at my university of economics. The book is very clear and well written, and easy to understand for a CS Major,

5 people found this helpful

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Mr. Twisted

Far more important than most books in current Christian thought.

Reviewed in the United States on November 19, 2014

It has always been interesting to me that economics as a discipline always gets put on the back burner in Christian thought, despite its importance to a proper understanding of the world we live in. Point of fact, I just finished a book by none other than N.T. Wright who, despite his tremendous intellect regarding theology and historical Christian thought, displays an unfortunate ignorance of this particular subject.

This book would serve him, and others like him, tremendously well. What Shawn Ritenour has done here is sadly overlooked by most in the Church but shouldn't be, as it is a valuable resource, to be sure.

If you are a Christian with a libertarian view (which you should be, for various reasons), then this book will appeal to you on multiple levels. If you are a Christian without a libertarian view, well, be prepared to change that view after reading this book (and be sure to buy it, because it is all the more important for you!).

The author does two things extremely well in this book: he lays out exactly what the title says -- the foundations of economics -- and does so from a Christian perspective. This is no small feat and should be commended, as economics is of far greater importance than most realize. Why it is so quickly dismissed by pastors and theologians is beyond me, but this book goes a long way to fixing that problem.

Yes, it is a text book. No, that shouldn't stop you from buying it. To my knowledge, no other book like this exists, and yet it is of monumental importance if you are to live and grow in not only your faith, but an understanding of how we can make the world around us a better place (which should be the calling of every Christian).

Only two complaints:

One, it's a bit pricey. But that could be fixed by complaint number two.

Two, there is no Kindle version (solution to problem one -- bam!).

Overall, this goes beyond the work of someone like Wayne Grudem, who is wading into this same field with his recent work. This gives you a blueprint for understanding a vital subject that applies to nearly all walks of life. Well worth your time to study this effort.

10 people found this helpful

Helpful

paddy

A cohesive introduction to economics in plain English

Reviewed in the United States on May 3, 2020

I used this economics textbook for a college-level class and still remember illustrations and explanations from it over 10 years later. It sports a very unique and engaging style in building up an understanding of economics through the basics of human interaction. Highly recommend!

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Top reviews from other countries

Tim Dieppe

Economics 101 with lip service to the Bible

Reviewed in the United Kingdom on June 15, 2013

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This is little more than a standard introductory textbook on economics which pays lip service to the Bible along the way. The Bible has a lot to say about tax and interest, for example, but you will find none of it in this book. Furthermore, the author writes from an extreme free-market perspective. He would abolish all safety regulations and child labour laws. One hopes that the recent disaster in Bangladesh might give him pause for thought. Because of our fallen nature, capitalism is naturally exploitative - both of people and the environment. Regulation needs to be in place to keep this in check. Reading this I wonder if he would have argued against the abolition of the slave trade.

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