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John Calvin: The Unknown Economist

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Abstract

John Calvin (1509–64), the most influential economist of his time, was a reformer and a
novel economist, in line with Erasmo. He postulated economic dynamics prior to those
of the Scottish philosophers David Hume and Adam Smith. Among his many writings,
we can infer a set of conjectures about an individual that we can term the Calvinian
economic individual. This individual, whom he describes with impeccable French logic,
emerges with his theological outlook after 1533. Human life encompasses different
spheres, with the economy being one of them. Satisfying needs and wants requires labour
and effective time management in the Garden of Eden, as in the world today.
Nevertheless, the key difference now is the fallen nature. Adam and Eve’s disobedience
triggers scarcity and a distorted mindset in all human beings. While the former is relevant
in the economy, the latter is a problem in all spheres of life. Furthermore, this is the heart
of Calvin’s economic outlook. Hence, it is important to disentangle the very nature of the
individual from the theological dimension. It is impossible to comprehend the spirit of
his economic thought without describing the genesis of this problem. Thus, the objective
of this paper is to describe the Calvinian economic individual, seeing Calvin as a scientific
movement, as Kuyper does. This lawyer, humanist, and investigator, with his French
mind, has to say many interesting things that have remained hidden.

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References (APA)

  • Ávila Arteaga, M. (2009). La vigencia de la cosmovisión calvinista para la iglesia en el mundo de hoy. En L. Cervantes-Ortiz (Ed.), Juan Calvino: Su vida y obra a 500 años de su nacimiento (pp. 35–44). Clie.
  • Calvin, J. (1843). Commentaries on the epistles to the Philippians, Colossians, and Thessalonians: With four homilies or sermons on idolatry, &c and an exposition of Psalm lxxxvii. The Calvin Translation Society.
  • Calvin, J. (1846). The institutes of the Christian religion (H. Beveridge, Trans.). Calvin Translation Society.
  • Calvin, J. (1998). Commentary on Seneca’s De Clementia. Books for the Ages.
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  • Hayek, F. (1948). Individualism and economic order. The University of Chicago Press.
  • Kuyper, A. (1930). Lectures on Calvinism. Eerdmans.
  • Kuyper, A. (2003). Conferencias sobre el calvinismo.
  • Léonard, E. (2009). Calvino, fundador de una civilización. En L. Cervantes-Ortiz (Ed.), Juan Calvino: Su vida y obra a 500 años de su nacimiento (pp. 105–133). Clie.
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