Economics 1776 Study Guide - Final Guide: Postmillennialism, Pierre Nicole, Premillennialism
18 Jun 2018
School
Department
Course
Professor
Cumulative,+but+weighted+toward+second+half+of+the+course+-- but+not+primarily
Open+office+hours+in+Barker+024+on+Monday+afternoon+4-5+pm
Self-love+is+love+of+oneself+above+all+ else
○
Charity+is+acting+in+accordance+to+what+God+wants,+Charity+is+the+love+of+
God+above+all+else
○
Self-love+that+comes+to+resemble+charity+is+called+Civility
○
Choose+life+of+ease+over+life+of+dominance,+results+in+cooperation+in+order+
to+acquire+a+tranquil+life,+in+order+to+have+the+help+of+others,+we+need+to+
appear+that+we+are+charitable
○
Consider+Nicole+alongside+Mandeville+and+Smith+-- the+idea+that+self-
interest+creates+social+benefits
○
Pierre+Nicole:+self-love+comes+to+resembles+charity
•
Pre-millennialism:+Christ+comes+before+the+millennium
•
Most+protestants+were+post-millennials+(???)
○
Puritans+and+Evangelicals+were+post-millennials
○
Book+of+Revelation+and+Daniel
○
Begins+to+take+a+secularized+form
○
Post-millennialism:+Christ+comes+after+the+millennium
•
Believes+the+Millennium+is+coming
○
Edwards
•
Thinks+the+Millennium+is+coming+to+the+western+United+States
○
America+as+a+redeemer+nation
○
Beecher
•
Activist+(prophetic)+attitude+towards+social+issues
§
Robert+Belle+ reading:+what+is+civil+religion
○
Religion+that+unites+people+from+multiple+religious+traditions
○
Chosen+nation
○
Divine+providence
○
Prophetic
○
Pluralistic
○
Civil+Religion
•
External+progress+leads+to+moral+progress+-- you+can+reform+human+
nature
§
Material+progress+and+moral+progress+are+mutually+dependent
§
Why+would+we+call+his+argument+post-millennialism?
○
David+Hume's+Refinement(of(the(Arts•
Secularized+post-millennial+theory
○
Four+stages+that+change+the+mode+of+production,+things+get+better+in+each+
stage
○
Progress+stops,+hits+commercial+stage+-- division+of+labor,+increase+
production
○
Adam+Smith's+four+stages+theory•
Part+IV
In+the+19th+century,+the+idea+of+post-millennialism+and+civil+religion+formed+the+idea+of+
material+and+moral+progress+in+the+US
American+Economy:+industrialization,+new+technologies+being+applied+on+
larger+scale+with+new+forms+of+labor
○
Industrialization+and+market+revolution+made+possible+by+
innovations+in+communication+and+transportation+technologies
§
Market+revolution:+greater+percentage+of+people's+income+is+coming+from+
trade+in+larger+markets
○
Check+out+Nathan+Hatch+(secondary+reading+for+course)
§
Arminian+is+key,+as+New+England+was+initially+Calvinist+
dominated
□
Second+Great+Awakening+shifts+towards+Arminian+and+post-
millennial
§
In+religion:+democratization+of+American+Christianity,+the+Second+Great+
Awakening+(early+19th+century)
○
Read%Tocqueville%
○
Revolution+to+the+Civil+War•
Industrialization,+urbanization,+but+also+growing+inequality
○
Consumer+revolution
○
Virtue+gives+rise+to+wealth,+poverty+is+against+virtue□
Gospel+of+Wealth:+if+you+work+hard+and+make+a+lot+of+money+you+
can+help+society+(Conwell,%Henry%Ward%Beecher,%Laurence%
argument)
§
Progress+in+production+has+not+been+followed+by+progress+in+
distribution+-->+inequality
□
Social+Gospel:+concerned+with+inequality,+material+progress+and+
moral+progress+don't+move+hand-in-hand
§
Gospel+of+Wealth+and+the+Social+Gospel
○
Civil+War+to+World+War+I•
Communism+as+an+anti-Christian+force+gaining+popularity
§
Economics:+Great+Depression+leads+to+the+New+Deal
○
Fundamentalists+opposed+the+social+gospel
§
Religion:+Modernism+vs.+Fundamentalism
○
What's%the%matter%with%Kansas%question
○
20th-21st+Centuries•
Conflict+in+between+individual+interests+and+national+interests
§
Raymond+follows+in+this+puritan+tradition,+with+his+explicit+ emphasis+on+
labor+as+the+only+legit+means+of+advancing+society,+built+on+explicit+
doctrine+of+original+sin
○
Wayland+and+McVickar+follow+Adam+Smith+more+closely
○
Bowen+diverges+from+the+Clerical+ Economist+as+he+is+a+protectionist+(you+
need+to+control+imperfections+to+make+the+market+work+correctly)
○
Clerical+ Economists•
Final&Review
Friday,+December+ 8,+2017
10:02+AM
Document Summary
Cumulative, but weighted toward second half of the course -- but not primarily. Open office hours in barker 024 on monday afternoon 4-5 pm. Self-love is love of oneself above all else. Charity is acting in accordance to what god wants, charity is the love of. Self-love that comes to resemble charity is called civility. Choose life of ease over life of dominance, results in cooperation in order to acquire a tranquil life, in order to have the help of others, we need to appear that we are charitable. Consider nicole alongside mandeville and smith -- the idea that self- interest creates social benefits. Thinks the millennium is coming to the western united states. Religion that unites people from multiple religious traditions. External progress leads to moral progress -- you can reform human nature. Material progress and moral progress are mutually dependent. Four stages that change the mode of production, things get better in each stage.
