The Economics of Jubilation - Blinking Adam’s Fallacy Away

Abstract

A system of thought allowed for the free market price of land to cyclically go down to zero. This is the economics of Moses. The economics of Jesus is a restatement of the economics of Moses. The first was applied during Biblical times and the latter, united with Aristotle’s thought and transformed by the Doctors of the Church into the doctrine of economic justice, was applied over vast territories up until the late Renaissance. With the assistance of Concordian economics, the mathematization of the Parable of the Talents leads to an opportunity to adapt those two ancient economic perspectives to the complexity of the modern world. In so doing one blinks Adam’s Fallacy and the subsequent mainstream economics away.

Keywords: economics of Moses, economics of Jesus, Concordian economics, mainstream economics

JEL Classification: A10, B10, B11, B12, B21, B22, C60, D50, E10, E12, E20, E30, E40, E50, I30, J10, J30, K11, L50, N00