During my 1984-85 sabbatical years at BYU, I decided to write a book about the relationships between modern economics and my religious beliefs. The intent was to find scriptural examples to illustrate important economic principles including the importance of specialization and trade, externalities, and motives. However, the more I tried to illustrate principles of economics using examples from the scriptures, the more I came to recognize there was a major conflict between neoclassical economics and economic outcomes described in the scriptures. The conflict centered on motives. Being motivated by “selfishness of preferences” emphasized in neoclassical economics appeared quite incompatible with being motivated by “love” described in the first and second great commandments to love God and others.
As a result of this conflict between selfishness and love, and being unsuccessful at making the gospel examples illustrate economic theory as I understood it, I decided to focus on what the gospel could teach me about economics. The result was that my study of the Book of Mormon turned on a light through which I could see more clearly concepts in economics that before I couldn’t explain.
One early insight came to me after reading about the relative prosperity of those who cared for each other versus those driven by greed: “And thus they [those who cared for each other] did prosper and become far more wealthy than those who did not belong to their church” (Alma 1:31). Nothing I had read before in my profession had made such an unambiguous declaration about the conditions leading to economic prosperity. But how could ‘caring’ or sympathy lead to economic prosperity, I wondered?
One obvious answer was that caring, in which we internalized the well-being of others, would increase our interest in and willingness to trade with those we cared about. And trade was required if a society was able to specialize—which Adam Smith described as the key to productivity. In addition, honesty and covenant keeping, also hallmarks of a righteous people, reduced transaction costs, which also facilitated trade. Furthermore, caring led the community of saints to conserve shared resources and reduce harmful externalities—which is so much a focus of modern economics. And finally, caring as a motive resolved the long held conflict between efficiency (which, it was assumed, required selfishness) and equity (which, it was assumed, required public redistribution of resources). The conflict is resolved, the scriptures reported, because a people with one heart who cared about each other would work just as hard for those they cared about as for themselves (resolving the efficiency problem) and share with those in need without an external threat of force to effect redistributions (resolving the equity problem). As a result, among such a people, called Zion, there was both prosperity and equity.
So the next step in my career was to ask the question: is there any evidence that relationships alter the terms and level of trade and with whom we trade? Does caring, or the internalization of another’s well-being which we called sympathy, have a place in modern economics?
So a colleague and I set out to examine if relationships influenced trade. Our first study asked: how do relationships influence the minimum sell price of a used car. After we completed the study we sent it off to the program committee for our profession’s annual meeting. The reviewer’s response was not encouraging: “I don’t know what you are doing, but it’s not economics.” We later published the article in another venue, but the reviewer’s response was a foreshadowing of the difficulty in convincing colleagues that relationships matter.1
One day I was visiting with a colleague about my interests and the importance of caring relationships, which seemed to be an essential resource required for economic prosperity. He suggested that I call this resource of caring or sympathy social capital. “What a great idea,” I thought. And so, social capital was born—for me. Only later did I learn that the same concept was present and growing in importance across the social sciences. Each discipline defined and applied social capital slightly differently but, in each case, they recognized the importance of this resource embedded in relationships. Some observed how positive relationships could improve the formation of human capital.2 Others noted that communities worked better when neighbors were connected.3 And still others noted that development outcomes could be improved with social capital.4 And finally, the most recent Nobel Prize in economics was awarded to a political scientist who demonstrated the importance of relationships of trust in the allocation and use of shared resources.5
Since that early effort to appeal to the scriptures to teach me about economics and the importance of caring, I have enjoyed a profound peace as I have studied and written about “the dismal science” and caring.6, 7, 8 I have also learned that one not need compromise one’s gospel convictions to accommodate modern philosophies of science and man. Finally, the experience of using the gospel to illuminate my professional inquiries has made me even more grateful for the truths of the restored gospel and strengthened my faith in divine revelation through ancient and modern prophets.
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Notes:
1 Robison, L.J. and A.A. Schmid (1989). “Interpersonal Relationships and Preferences: Evidences and Implications.” In R. Frantz and H. Singh (Eds), Handbook of Behavioral Economics. Vol. 2, Greenwich, CT: JAI Press, pp. 347-358.
2 Coleman, J. (1990). “Social Capital in the Creation of Human Capital.” American Journal of Sociology 94:S95-S120.
3 Putnam, R.D., R. Leonardi, and R. Nanetti (1993). Making Democracy Work: Civic Traditions in Modern Italy. Princeton, NJ: Princeton University Press.
4 Woolcock, M. (1998). “Social Capital and Economic Development: Towards a Theoretical Synthesis and Policy Framework.” Theory and Society 27:151-208.
5 Ostrom, E. (2009). “A General Framework for Analyzing the Sustainability of Social-Ecological Systems,” Science, 325(5939), 419–422.
6 Robison, L.J. (1992). “Economic Insights from the Book of Mormon” Journal of Book of Mormon Studies 1:35-53.
7 Robison, L.J. and B.K. Ritchie. (2010). Relationship Economics: The Social Capital Paradigm and its Application to Business, Politics and Other Transactions. Surrey England: Gower Publishers.
8 Robison, L.J., A.A. Schmid, and M.E. Siles (2002). “Is Social Capital Really Capital?” Review of Social Economy 60:1-21.
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Lindon J. Robison is a professor in the Department of Agricultural, Food, and Resource Economics at Michigan State University. After receiving a B.S. from Utah State University and an M.S. from the University of Illinois, he earned his Ph.D. at Texas A & M University in 1975.
Dr. Robison’s professional interests focus on such areas as social capital and the influence of attachment values and socio-emotional goods on farmland values, environmental practices, surveys and framing responses, and transaction costs. Among his publications are Present Value Models and Investment Analysis (1996, with Peter J. Barry); “Social Capital and Household Income Distributions in the United States: 1980, 1990,” Journal of Socio-Economics 28 (1999): 43-93 (with Marcelo E. Siles); and “Is Social Capital Really Capital?” Review of Social Economy 60 (2002): 1-21 (with A. Allan Schmid and Marcelo E. Siles).
Posted December 2010
I was pleased to be asked to participate in Mormon Scholars Testify. I have certainly seen my share of academic condescension towards the LDS religion and its scholars, but I have never experienced anti-LDS sentiment that was seriously threatening in any way to me or my career. More than anything else, my religion has made me a bit of an oddball among my associates, and my only desire as an academic has been to produce the best work possible as a personal testament of my belief in God—a proof that God has indeed sustained me throughout my academic and personal life.
I have been a member of The Church of Jesus Christ of Latter-day Saints since I was baptized at age eight, but have been a convert to the Church since my freshman year in college. I remember at one point in high school thinking that the Church taught good morals and encouraged good families, but that the stories about how Joseph Smith obtained the plates that were translated into the Book of Mormon just sounded very strange. I had no single experience thereafter that radically altered my views of the historicity of the founding of the LDS Church and the Book of Mormon, but after reading the Book of Mormon as a junior in high school, I knew it was true—not in the sense of mental conviction formed by weighing of evidence, but because a settled conviction had come to my heart and mind as I had read and studied the book. Over the years, I have gained increasing appreciation and respect for the power and complexity of the Book of Mormon. In addition, as I have experienced divine intervention, answers, and influence in often small but very powerful ways in my life, I no longer find the idea of Joseph Smith being taught and led by angels and God strange. I have come to know that God loves us and can and does interact with our world in tangible, physical ways.
“Examine yourselves, whether ye be in the faith; prove your own selves.”
I am a psychiatrist, psychoanalyst and family therapist.
In 1985 Mark Hofmann killed two innocent people and nearly himself trying to cover his string of forged documents, many of which were calculated to cast church history in a suspicious, less than faithful light. Earlier that year (May 1985) the church published one of the forged documents in the Church News, a purported letter from Joseph to Josiah Stowell about using a fresh hazel rod to find buried treasure guarded by a clever spirit. At age fourteen, I read the letter in the Church News at the breakfast table and asked my father flippantly why they weren’t teaching me that at church. “I don’t know, “ he said. He explained that he didn’t understand the letter. He made no pretense to understand it. He then explained to me that he knew that the Book of Mormon was true because of his experience with it and with the Holy Ghost. It would be many years before I could understand that my father had given me a most effective epistemology for breakfast.
I was born on Pioneer Day, the 24th of July, in Salt Lake City. As a child my faith in a corporeal and loving God was nurtured and strengthened by my pioneer legacy. My ancestors joined the Church of Jesus Christ of Latter-day Saints in Scotland and England and many died before reaching the saints in Utah. My childhood was cocooned by family prayer, family scripture study, and weekly Family Home Evening. When my father prayed I knew he was speaking to a Being he knew well and with whom he had an intimate relationship. I have a vivid memory, as a young child, of opening my eyes during family prayer, peeking at my father as he poured out his heart, certain I would see God—so powerful, eloquent, and sincere were his words. I adored my High Priest father and listened to countless sermons as he served in ward and stake leadership positions, and never doubted his counsel; everything he taught always felt right. In gospel conversations he encouraged me to seek answers to my questions in the scriptures.
All my life I’ve understood the importance of pursuing education. Though I haven’t always been diligent in that pursuit, the desire to learn all I can became firmly rooted in me in my post-secondary education. I devoted myself to my studies, and then my education really began. My educational path has been unusual. I’ve received a Bachelor of Arts in economics, a law degree, and a Master’s degree in economics and finance, and am close to completing a PhD in economics. Though my student career has been long, I have not regretted any of my education. It is a privilege to learn.
To say that you believe something generally means to say that you trust it. For me to say that I believe in what the Mormon Church stands for should be evident. The true question, then, is more, why do you go for Mormonism? What is it that makes you focus your life on its doctrine and building said Church? How do you know so certainly that this is the right way to go?
I vividly remember being precariously perched atop a stack of kitchen chairs that my mother had moved into the living room so she could wax the kitchen floors, something mothers did back in the mid-1960s. I must have been about four years old because I was still the only child—my sister came along when I was five—and we still lived in the south Provo house from which we moved when I was six. While my mother was preoccupied with her floors, I was blissfully balancing on the furniture. As I sat atop the tower of chairs my thoughts turned to serious matters. Perhaps prompted by the lighter air at that altitude or by the frightening possibility of falling, I began thinking about the Sunday school lesson from that week: The beautiful, young woman who taught our class of four-year-olds had explained how Joseph Smith had prayed to find out which church to join and how God and Jesus actually came to visit him. Atop my throne, I felt like I could use a little wisdom myself—I must have figured that if prayer like that could get that kind of attention, I would give it a try myself—so I decided to pray. As my mom continued mopping in the other room, I prayed with all my heart for God and Jesus to come to my Provo living room. I wanted to see them, hear them, and touch them. I waited patiently for several minutes after praying. Nothing. As my mother finished up the floors, I gave up. I had no vision. But I didn’t feel defeated. Instead I had a blissful, aching yearning that forever changed me. I did not feel disillusioned by my failed experiment; rather, I felt a deep longing for something—some one, some place—I didn’t know what. But I felt I had known once, but could no longer recall the memory.