Religion is entirely insignificant when it comes to economic theory. An economist’s religious positions say absolutely nothing about the tenability of his/her theories. Religion is useful only when it comes to epistemological problems, namely as a remedy for global skepticism, the problem of induction, and establishes the necessary first cause. So again, whether an economist is Christian, Satanic, Islamic, Hindu, or whatever is entirely immaterial. The proof of a theory is in its reasoning.
I was defining religion in a very general way, namely as the belief in a God (where God would be defined as the creator of the universe). Deists would fit into this very broad definition. I don’t see how Deism could come into conflict with economic theory.
Deism may not come into conflict with economics; but deism is not the only religion. “Religion” may, depending on its propositional content, come into conflict with economics.
Even then, I don’t see how it can come into conflict with economic theory. Saying that usury is immoral, no matter how misguided that statement may be, does not contradict economic theory.
Some religions deny scarcity, for instance. I believe that Islam is one such religion (at least according to certain interpretations). Moreover, some religions teach economic propositions; things like choice, cost, preferences, etc. Either way, you shouldn’t say the religion is “entirely insignificant” in economic matters.
What kind of sources are you looking for? Something about Islam, specifically? Or do you not agree that religious dogma can contradict/support economic propositions?
Explicit passages from scripture (the only authority on the matter). Where in Islamic scripture do you find the denial of scarcity? Which religions teach economic propositions, and where? I mean, my request couldn’t have been clearer. Economics and religion deal with two very different things; they ask and answer very different questions.
According to certain interpretations of parts of the Qu’ran, scarcity is a man-made phenomenon which arises from his failure to adequately organize his god-given resources. I’m not going to look up specific passages from the Qu’ra to support this assertion; my guess is that these passages are controversial and ambiguous. (By the way, if it means anything to you, I was told this by one of my professors who is a scholar of Islam). This is beside the point — what matters is that some people believe certain things about economics because of their religious dogma. It’s weird to me that you find this controversial.
I’m sure that you’re familiar with Gary North. He has written an economic commentary on the entire Bible, and I believe it numbers in the thousands of pages. Maybe you should ask him if religion has anything to say about economics.
But, here’s an example, since you asked for one. The idea of subjective value permeates Christian scripture. From the lecture I linked to earlier: