Humanomics: Volume 7 Issue 4

ECONOMIES OF SCARCITY AND ACQUISITION, ECONOMIES OF GIFT AND THANKSGIVING

Kenneth W. Stikkers

Mainstream economics has long prided itself to be an empirical “science”, at least in aspiration if not yet in practice. Yet, some of the most elementary, commonplace premises of…

CENTESIMO ANNO: THE SOCIAL ENCYCLICAL OF MAY 1991

Thomas O. Nitsch

Introduction On 15 May 1891 Pope Leo XIII issued what has become known as “the Great Social Encyclical”, Rerum Novarum: De Conditione Opificum; or, “Revolutionary Change: On the…

WEALTH, VIRTUE AND ECONOMIC THEORY: A FEW OBSERVATIONS

Leonard Pluta

Introduction The connection between wealth and virtue or between economics and ethics has been severed. Pure or positive economics is believed to be objective and scientific…

ETHICAL RELATIVISM, SOCIO‐ECONOMIC INSTITUTIONS AND HUMAN DIGNITY

Mark A. Lutz

Introduction Relativism of all shades and kinds is in fashion. For some decades, it has been trying to enter the very bastion of the academic heartland by questioning the…