via Managerial Econ: How the French discourage innovation in winemaking.
The economics of Christianity
23 Jul 2014 2 Comments
in applied price theory, economics of religion Tags: economics of religion, Robert Tollison
These are all worth reading:
- Sacred Trust: The Medieval Church as an Economic Firm by Robert D. Tollison, R. Ekelund, R. Hebert, G. Anderson, and A. Davis 1996.
- The Marketplace of Christianity by Robert B. Ekelund Jr. & Robert F. Hebert & Robert D. Tollison, 2008 -discusses the reformation, counter-reformation and thereafter.
- Economic Origins of Roman Christianity by Robert B. Ekelund Jr. and Robert D. Tollison 2011 (the 1st 1000 years).
See as well The Pope and the Price of Meat: A Public Choice Perspective by Richard Ault, Robert Ekelund and Robert D. Tollison in Kyklos which shows how self-interest, economic geography, and an expanded number of third-world voters in the College of Cardinals explain why Pope Paul IV changed the relative price of meat and altered penance rules in 1966.
This paper applies public choice and modern regulatory theory to the twentieth century Roman Catholic Church and attempts to discover why the decision was made in 1966 to absolve Catholics from the requirement that meat not be eaten on most Fridays of the year.
We provide a cartel analysis of the institutional backdrop and power structure of the College of Cardinals within the Church. In this framework, self-interest, the geographic production of beef and fish, and the expanded number of voters in the College of Cardinals are the keys to understanding why Pope PAUL VI decided to change the relative price of meat and to alter penance rules in 1966.
Utopia, you are standing in it! 
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