Economics of Paradise

The text searches for the origins of modern thinking in one of the best-known stories of our cultural heritage. By applying institutional and constitutional economics to biblical interpretation, it uses a new approach to reconstruct the Paradise story. By tracing the Paradise story, in economic terms - looming conflict, the rise of the homo economicus, principal-agent conflicts, prisoner's dilemma predicaments, and, yet, political economic ideals of liberty and freedom - the author challenges the old conceptual dualism between economics and theology/philosophy. Economics, in the tradition of the Scottish Enlightenment, is interpreted as 'modern ethics'; and such ethics are reconstructed for the Paradise story. As a result, the claimed dualism between 'ancient' ethics and modern 'economics as ethics' is rejected. The book pioneers a complimentary 'new' unitary thesis for the Paradise story and for the Old Testament, which proposes that economics can provide a unified, conceptual, 'scientific' structure to the biblical text. On this basis, not only is the Paradise story originally illuminated through economic reconstruction but the book also sets out a new, institutional economic theory of Old Testament religion. Economics of Paradise draws together comparisons between the ancient Paradise story and modern economics, and as such makes indispensable reading for scholars and researches interested in ethics and economics.