Modern economic thought is humanistic to the core, whether conservative, libertarian, Keynesian, Marxist, or whatever. All schools of thought begin with the presupposition that man is the measure of all things, and man's mind is capable, apart from biblical revelation to interpret the world correctly. This is why modern economic theory is in the process of disintegration. It offers the basis of total reconstruction of economic theory and practice. Economics must begin with the doctrine of creation.
Every social science requires such a reconstruction.
We must begin with the doctrine of creation if we are not to end in total chaos. This is the specifically economic starting point for Christian economics. Apart from these fundamental presuppositions, economics is inescapably irrational and self-contradictory. Catalog Description Modern economic thought is humanistic to the core. This why modern economic theory is in the process of disintegration.