Z1 - Cultural Economics; Economic Sociology; Economic AnthropologyReturn

The article is concerned with the economics of religion. The first chapter is introduction into the economics of religion by Adam Smith. The second chapter asks the question whether the secularization hypothesis is tenable. The third chapter analyzes the allocation of time and church attendance and investments into religious capital. The forth chapter examines religious market in perfect or imperfect competition. The fifth chapter summarizes empirical research. The sixth chapter brings conclusions.