1. In a centrally planned economy, how might central planners estimate supply or demand? (Austrian) ...

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1. In a centrally planned economy, how might central planners estimate supply or demand? (Austrian)

2. In the late 19th century, Washington Gladden said, “He who battles for the Christianization of society, will find their strongest foe in the field of economics. Economics is indeed the dismal science because of the selfishness of its maxims and the inhumanity of its conclusions.”

a. Evaluate this statement.

b. Is there a conflict between the ideology of capitalism and the precepts of Christianity?

c. Would a society that emphasized a capitalist mode of production benefit by a moral framework that emphasized selflessness rather than selfishness? (Religious)

David · Accepted Answer

1. In a centrally planned economy, how might central planners estimate supply or demand? 
(Austrian)
2. In the late 19th century, Washington Gladden said, “He who battles for the Christianization of 
society, will find their strongest foe in the field of economics.

1. In a centrally planned economy, how might central planners estimate supply or demand? (Austrian) 2. In the late 19th century, Washington Gladden said, “He who battles for the Christianization of...

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