Colleagues:
One must distinguish between institutionalized religion, and
religious experience apart from institutionalization; the latter being
the spiritual and moral aspect of human experience. If one takes
the latter conceptualization, and then defines economics as the
application of scare resources to unlimited and competing wants;
that is, as the construction of a means ends system in which the
ends are preferences called VALUES, individual or communal (We
did at one time refer to "value theory".), then all economics is either
religious or it is prosaic description motivated by some exogenous
value system. [Normative or positive.]
Economics and the Economics Profession is an
institutionalization of religion. If you think there is more than one
kind of Economics, then you think in terms of different religions.
The question becomes whose values or what values.
I try.
Robin Neill