Economics and organization: a primer

Article Abstract:

Economics and organization theory were once alien fields. However, they have been drawn closer together as economics has broadened its outlook to include organization as an important economizing instrument and as organization theory has come to recognize the value of an economic perspective and approach. Thus, whereas these two fields used to talk past one another, the relation between them has become one in which each informs and is informed by the other. Transaction cost economics is a product of this intellectual synthesis and has helped to illuminate a large set of organizational phenomena that were once regarded as puzzles. The result has been better public policy and, at times, better business practice as well. (Reprinted by permission of the publisher.)

Organization

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Religion and business: the Catholic Church and the American economy

Article Abstract:

In 1986, the American Catholic Bishops wrote a letter on the American economy. It went through three revisions, took three years to write, and involved the input of thousands of people. In its final form, it elaborated several moral principles and described the implications of these principles for economic policies pertaining to employment, poverty, agriculture, the international economy, and collaboration. The letter has incited a significant amount of discussion, both pro and con, and its policy recommendations have generated considerable controversy. The authors detail the process of writing the letter, review it contents, and analyze its positions. (Reprinted by permission of the publisher.)

Economic policy, Catholic Church, Church, Christianity, Christianity and economics

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The integrity of a Catholic management education

Article Abstract:

Lyman Porter and Lawrence McKibbin complain that they have found in many U.S. schools of management a "cookie cutter mentality" that discourages a diversity of approaches necessary to make progress in management education. A Catholic school of management can contribute to the diversity and plurality of management education only if the Catholicity and liberal arts mission of its institution is taken seriously. This mission-driven focus entails integrating dimensions of management with liberal learning, faith, profession, and service. (Reprinted by permission of the publisher.)

Management, Study and teaching, Religious aspects, Business schools, Catholicity, Catholic universities and colleges

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