Looking at religion through the lens of economics - EXPeditions

Looking at religion through the lens of economics

by Sriya Iyer
  • Key point 1
    Based on work by Adam Smith, the field of the economics of religion views religion and its place in society through the lens of economic theory.
  • Key point 2
    Religions benefit communities in terms of human capital development, such as investments in education. Such development may profoundly affect economic growth.
  • Key point 3
    As with commercial ventures, competition between religious traditions tends to benefit individuals. Religious monopolies, however, can be detrimental to religious minorities.