Bulls, Bears and Golden Calves: A Thorough Overview With a Christian Perspective of Economic and Ethical Analysis

Bulls, Bears and Golden Calves: A Thorough Overview With a Christian Perspective of Economic and Ethical Analysis

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John Stapleford’s book, Bulls, Bears, and Golden Calves, provides a thorough overview with a Christian perspective of economic and ethical analysis. He reviews the moral challenges of macro, micro, and international economic issues. Stapleford covers a variety of important public policy issues such as self-interest, economic efficiency, and private property rights. He begins the book by laying a foundation of ethical thought and an analytical framework. Stapleford provides a Biblical perspective on the practical issues facing our current society. For example, there are three billion people in the world who live on less than $2 a day (Stapleford, 2009). The wealthy Americans continue to get richer. The greed and lawlessness of America’s corporate boardrooms is increasing. Legalized gambling continues to increase every year. The expansion of pornography and its accessibility to America’s younger generations has become a rapidly growing epidemic (Stapleford, 2009). This text is grounded solidly in biblical principles. A number of the problems he discusses are not specifically addressed in the Bible, but one of the author's strengths is to develop a Christian rationale for contemporary issues, based on biblical principles. An example of this skill is found in his forceful chapter on "False Hope . . . The Boom in Legalized Gambling" (Stapleford, 2009).
Bulls, Bears, and Golden Calves provides useful information on many policy issues and is stimulating in encouraging reflection on an ethical framework to apply alongside economic analysis. Stapleford provides relevant statistics and applicable principles for each topic and incorporates some “history of economic thought,” especially the work of Adam Smith (Stapleford, 2009). ...


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Stapleford, J. (2009). Bulls, Bears, and Golden Calves. Downers Grove, IL: InterVarsity Press.


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