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Marketplace of the Gods: How Economics Explains Religion - by Witham, Larry

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Larry Witham

Marketplace of the Gods: How Economics Explains Religion 1st Edition, Kindle Edition
by Larry Witham (Author) Format: Kindle Edition
4.6 4.6 out of 5 stars 9 ratings
3.5 on Goodreads
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Two centuries after Adam Smith illuminated the workings of the marketplace, a new movement among economists and social scientists is expanding his insights into a groundbreaking "economics of religion." Using cutting edge ideas from the behavioral sciences, and a deep knowledge of religious history, this new approach is making sense not only of past beliefs, but of religion today.

In Marketplace of the Gods, award-winning journalist Larry Witham tells the inside story of this expanding "economic approach" to religion, the puzzles it tries to solve, the controversies it has stirred, and the people who are making it happen. He shows that the economic approach, while evoking images of stock markets or accounting ledgers, actually begins with a simple idea about human beings as rational actors, judging costs and benefits in life. Every life has limits, so human experience is a series of trade-offs, balancing resources to make choices for the best possible benefits. As the economics of religion shows, this model can be applied to the rich story of the human race and its gods. Beginning with the individual, the choices in religion shape households, groups, movements, and entire "religious economies" of nations. On the one hand, this mixing of the profane and the sacred, the economic and the religious, is an exciting exchange of ideas between economics, sociology, psychology, history, and theology. On the other, it has spurred a lively protest. Indeed, for some, the economic approach seems to transform our good angels into grubby consumers.

As Witham shows, however, the economic approach to religion has insights for everyone, believers and skeptics alike. He illuminates this approach in a volume rich with ideas, history, contemporary events, and the insights of some of our sharpest modern-day thinkers.



From Publishers Weekly

A former religion reporter for the Washington Times, Witham turns his attention to the contemporary rise of economic theories to explain religion. Drawing on the works of Rodney Stark, Roger Finke, and Laurence R. Iannaccone, among others, he explores how these academics use economic models of costs and benefits to explain the persistence of religious faith in an age of growing secularization. While Witham gets off to a slow start, his concluding chapters offer insight into the way economic theories try to explain some of modernity's most perplexing issues: why is the United States more religious than Europe? What are the cost-benefits of extreme faith, such as that of religiously inspired terrorists? Economic answers such as the widely embraced theory that religions thrive on competition and are stifled by state regulation are ultimately reductionist; Witham quotes influential religion sociologist Robert Wuthnow, who has said that an economic analysis "fails to illuminate about 90 percent of what I find interesting about religion." Many readers may agree. Yet in a world dominated by the marketplace, books such as this one are an important part of the conversation. (May)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an alternate kindle_edition edition.


About the Author

Larry Witham iis a veteran journalist and author who has covered current events, history, religion and society, science, and philosophy for more than two decades. Now a full-time author, he has written twelve books, including the recent award-winning Who Shall Lead Them?. Witham has contributed to publications ranging from the Christian Century and Beliefnet to Nature and Scientific American, and he has been on C-SPAN, Fox News, public television, and dozens of radio programs including affiliates of National Public Radio. He lives in the Maryland suburbs of Washington, DC.
--This text refers to an alternate kindle_edition edition.
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Product details
ASIN ‏ : ‎ B003DZ0TT6
Publisher ‏ : ‎ Oxford University Press; 1st edition (May 5, 2010)
Publication date ‏ : ‎ May 5, 2010

Print length ‏ : ‎ 256 pagesBest Sellers Rank: #1,475,266 in Kindle Store (See Top 100 in Kindle Store)#986 in Religious Studies - Science & Religion
#2,962 in Science & Religion (Books)Customer Reviews:
4.6 4.6 out of 5 stars 9 ratings





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Larry Witham



Larry Witham is an author, editor, journalist, and artist. His fourth novel will appear in Spring 2024 with TouchPoint Press. Witham has written sixteen books, mainly nonfiction. He was a finalist in the 2015 Pen Literary Awards for biography. He began his writing career as a daily newspaper reporter in Washington D.C., a job he held for twenty-one years. He went on to write and edit books full-time. Witham has received several national awards for his newspaper work and books, and was nominated for the Pulitzer Prize for a series he co-wrote on the clergy in America. He was Project Editor for the ten-volume Templeton Press science-and-religion series, and was editor of Science and Spirit magazine in 2007. A painter by avocation, Witham is currently exploring new art and writing projects. He has a bachelors degree in painting from San Jose State University (1974). Witham lives with his wife in the Maryland suburbs of Washington D.C.

Top reviews from the United States


Linda

5.0 out of 5 stars Really interestingReviewed in the United States on July 13, 2019
Verified Purchase
A must read if you work at a church



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Dave Bühler, PhD

4.0 out of 5 stars What can money do?Reviewed in the United States on December 9, 2014
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Gracias!