EconPapers    
Economics at your fingertips  
 

The Economics of Bernard Lonergan: Context, Modelling and Assessment

Paul Oslington and Jhet Assistant

No wytpq, OSF Preprints from Center for Open Science

Abstract: Bernard Lonergan S.J. (1904-84) is unusual among major theologians in engaging deeply with economic theory. In the 1940s he developed his own dynamic multisectoral macroeconomic model, informed by reading of Smith, Marx, Keynes, Hayek, Schumpeter, and later Kalecki. Lonergan’s economic research is little known because the economic manuscripts were not published in his lifetime, and his interactions with professional economists were limited. In the 1970s, however, when he returned to economics he engaged with Post-Keynesians and taught a graduate course on macroeconomics at Boston College until illness overtook him. This paper places Lonergan’s economic research in the context of his overall intellectual project, outlines his macroeconomic model and associated theory of the business cycle, then evaluates his contribution in relation to mid-twentieth century macroeconomics and considers whether it has anything to offer contemporary economists. Whatever view we take of his theoretical contributions, Lonergan’s work opens up connections between economics and theology.

Date: 2020-11-03
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe, nep-mac and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://osf.io/download/5fa1701f6481ff004c45de86/

Related works:
Journal Article: THE ECONOMICS OF BERNARD LONERGAN: CONTEXT, MODELING, AND ASSESSMENT (2022) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:wytpq

DOI: 10.31219/osf.io/wytpq

Access Statistics for this paper

More papers in OSF Preprints from Center for Open Science
Bibliographic data for series maintained by OSF ().

 
Page updated 2023-07-22
Handle: RePEc:osf:osfxxx:wytpq