Protestant work ethic

Some Dutch politicians are blaming the worldwide financial crisis on a lack of good ole fashioned Protestant work ethic, according to Reuters. Some are even turning to John (Jean) Calvin to right the ship. Moneyquote:”If the credit crisis makes anything clear, it shows we need to strengthen the moral anchors of our economy,” Balkenende wrote […]

Some Dutch politicians are blaming the worldwide financial crisis on a lack of good ole fashioned Protestant work ethic, according to Reuters. Some are even turning to John (Jean) Calvin to right the ship.

Moneyquote:”If the credit crisis makes anything clear, it shows we need to strengthen the moral anchors of our economy,” Balkenende wrote in an article discussing what Calvin could teach us today. “At its core this is also a moral crisis, caused by greed, money-mindedness and egoistic trading.”


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