Frederich H BorschThe Common Good and the Invisible Hand:

Faith-Based Economy

Theories about how economic processes and orders work, and work best for whom, often are dressed with value statements such as "that which is best for the greatest number" or "leave no child behind." Influenced by biblical themes, Franklin Roosevelt envisioned an oikonomia or economy of living together in which progress would be measured not by "whether we add more to the abundance of those who have much [but by] whether we provide enough for those who have too little." In this country’s present mixed economy, moving toward this vision requires hardheaded examination of values and the way in which processes such as supply and demand are actually working. It helps, too, to be frank about mixed motivations and human greed and chicanery. One can offer reasons for believing that such questioning, greater transparency, free enterprise along with cooperative efforts, and striving to build the economy more from the bottom up can lead to a greater common good.

This is the synopsis of an article in The Anglican Theological Review Winter 2005, 87/1 pp. 5-22

 
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