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Benjamin Friedman on the Origins of Economic Belief

Conversations with Tyler

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Faith, Economics, and Democracy

This chapter examines the intricate relationship between religious beliefs and economic systems, particularly how American religious sentiment shapes opposition to socialism and supports liberal democratic capitalism. It traces historical shifts from Catholic to Protestant influences in economic perspectives and the convergence of religious and economic conservatism during the Cold War. Additionally, the discussion highlights the socio-political impacts of communism on Eastern European nations and the ongoing intertwining of democracy, religion, and cultural factors in economic development.

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