Neat piece on "Christian Economics"

In today's WSJ, this piece is quite interesting.

NB the passages on Knight and Miriam's then-controversial 1945 study.

Love without Prudence, Justice, Temperance, and the rest is not Christian orthodoxy, at least not the orthodoxy of Thomas Aquinas. In an apocalyptic world like the one presumed in the Sermon on the Mount, thrift and economy are unnecessary. But in the world that Aquinas and John Calvin (and every Christian person, for that matter) inhabited, the so-called Gospel of Love is not a sufficient prescription for human prosperity and happiness. And, yes, it is not ethical. Knight and Merriam are not, as they fancy they are, undermining Christian orthodoxy and Christian ethics.

It really is a fascinating article.