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Faith in mathematical modelling looks little more than hubris after the recent economic collapse, says Giles Fraser. The unknown cannot be so easily tamed, as any half-decent theologian would know.
A new report from Christian Aid argues that policy makers must address the de-regulation, liberalisation and privatisation that poor countries have had to endure for the last few decades.
A major Faith Leaders Summit will precede the G20 Summit of world leaders in Pittsburgh, United States, setting out a priority agenda for tackling poverty and environmental damage.
Archbishop Rowan Williams says that those complicit in the financial system seem to feel no "repentance" for their excesses, and a different type of economics is needed. But C of E investments are under scrutiny too.
The financial regulator who recently called for a Tobin-like tax on banking is unapologetic about the fuss he caused, and determined to re-interate basic questions about what economics really is.
Bankruptcy is on the increase, says Giles Fraser. There is tragedy in economic brokenness, but also hope. Debt forgiveness has the whiff of salvation and biblical Jubilee about it.
City financiers and Britain’s three largest political parties have reacted with horror to the idea of a banking tax proposed by the head of the Financial Services Authority.
Religion, the church and the global recession is the focus of an international conference featuring economists, theologians and philosophers at the University of Nottingham.