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Article #2671

A note on "Christian economics"

#2671
From: Fabrizio J Bonsignore
Date: Mon, 04 Apr 2005 23:43
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In some other post there is a theory of underdevelopment based on the
concept of envy, which can be expressed through several mathematical
paradigms to lead to the idea that in the presence of envy (predatry
competition), the path of production reaches a local maximum instead of
a global maximum permanently.

This idea can lead to the idea of using the seven sins as the basis of
economic theory for similar theories.

However, circumstances are different. Greed can be assimilated in
current theory under propensity to save, and its effects depend on the
efficiency of the banking system. Laziness (sloth), has the obvious
effect od generating less income and product, and can be approximated
wityh upward bending supply curves. Lust, on the other side, invokes
the idea of  overpopulation, and the naive idea that with moer people
there is a smaller product to distribute, unless the creation of wealth
is taken into account.

Pride can have an effect similar to that of envy if it leads to the
waste of productiove deals because of the pride of one of the parts
(the contrary of envy, would be, with similar results). Gluttony can
just be approximated as an increase demand for food.

And anger, givern to the extreme,. means war, which has mixed effects
on the economy, though individually it can lead only to less
production, though hardly as an extended phenomenon (unless it leads to
war, like the Nazi Germany).

Fabrizio J Bonsignore, now Danilo J Bonsignore
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From: "Fabrizio J Bonsignore" <fbonsignore@beethoven.com>
Newsgroups: sci.econ,ny.general,la.general,seattle.general,dc.general
Subject: A note on "Christian economics"
Date: 4 Apr 2005 16:43:40 -0700
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