Economics may also help perceive two conflicting features of faith: its potential usefulness in a free society and the incentives of some believers for excessive intolerance.
The social usefulness of faith has been observed by many thinkers, together with Friedrich Hayek (see Chapter 9 of The Deadly Conceit). Faith or no less than some religions can present the correct incentives for the ethical habits that’s vital for the upkeep of an autoregulated order. Of their seminal The Calculus of Consent, James Buchanan and Gordon Tullock went in the identical path, however with a caveat (pp. 300-301):
A widespread adoption of Judeo-Christian morality could also be a vital situation to the operation of any genuinely free society of people. …
Christian idealism, to be efficient in resulting in a extra harmonious social order, should be tempered by an acceptance of the ethical crucial of individualism, the rule of equal freedom. The acceptance of the precise of the person to do as he wishes as long as his motion doesn’t infringe on the liberty of different people to do likewise should be a attribute trait in any “good” society. The principle “Love thy neighbor, but in addition let him alone when he wishes to be not to mention” might, in a single sense, be stated to be the overriding moral precept for Western liberal society.
As a lot as faith can generate helpful incentives for all times in society, it may well additionally lead believers to habits extra conducive to intolerance, social strife, and violence. A unprecedented instance of this was offered by Ismail Haniyeh, who ran the Quatar-based political bureau of Hamas. Three adults amongst his 13 kids, who had been reportedly additionally concerned in Hamas terrorism, had been focused and killed in Gaza by an air strike attributed to the Israeli authorities. 4 of his grandchildren additionally died within the strike. Haniyeh declared (“Israeli Airstrike Kills Three Sons of Hamas Political Chief,” Wall Road Journal, April 10, 2024):
I thank God for this honor that he bestowed upon us with the martyrdom of my three sons and a few grandchildren.
It’s troublesome to counter the incentives of people who consider that their savagery and the sacrifice of their kids (and “some grandchildren”) might be rewarded with blissful everlasting life. A blissful everlasting life has, by definition, an infinite worth. The grasping incentive to get there has led to wars of faith, and alas nonetheless does.