Stewardship without prices and private property? Modern evangelical environmentalism's struggle to value nature

We contend that market prices are indispensable in the valuation and allocation of natural resources and that the price system is not inimical to biblical standards. Furthermore, we contend that the "solutions" as proscribed by the modern "stewardship" proponents ultimately colla...

Full description

Saved in:
Bibliographic Details
Published inThe journal of markets & morality Vol. 6; no. 2; p. 565
Main Authors Anderson, William L, Terrell, Timothy D
Format Journal Article
LanguageEnglish
Published Grand Rapids Acton Institute 01.10.2003
Acton Institute for the Study of Religion and Liberty
Subjects
Christians
Economic activity
Economic aspects
Economists
Environmental aspects
Environmental protection
Environmental stewardship
Environmentalists
Evangelicalism
Market prices
Morality
Natural resources
Private property
Religious aspects
Resource allocation
Socialism
United States
Online AccessGet full text

Cover

More Information
Summary:We contend that market prices are indispensable in the valuation and allocation of natural resources and that the price system is not inimical to biblical standards. Furthermore, we contend that the "solutions" as proscribed by the modern "stewardship" proponents ultimately collapse when subjected to the same scrutiny that Ludwig von Mises of the Austrian school of economics placed upon socialism. In other words, the "stewardship" paradigm faces the same problems of economic calculation that have doomed socialism. William L. Anderson and Timothy D. Terrell, "Stewardship Without Prices and Private Property? Modern Evangelical Environmentalism's Struggle to Value Nature," Journal of Markets & Morality 6, no. 2 (Fall 2003): 565-595
ISSN:1098-1217
1944-7841