tag:blogger.com,1999:blog-3120478448417742445.post2930680740503268522..comments2024-03-24T06:35:14.281+00:00Comments on The Portuguese Economy: What are we afraid of?Editorhttp://www.blogger.com/profile/16779405217168307855noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3120478448417742445.post-54682944201319657332011-01-11T20:10:50.285+00:002011-01-11T20:10:50.285+00:00Interesting, JR, I was not aware of Angus´remarks ...Interesting, JR, I was not aware of Angus´remarks and will study them. Thank you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-77378820780640302652011-01-11T18:04:51.765+00:002011-01-11T18:04:51.765+00:00Angus Maddison, who died last year, weaves some co...Angus Maddison, who died last year, weaves some comments regarding our cultural background as one of the reasons, naming religion among them.<br /><br />Continuing jsalcedo's message, Webber noted that in Calvinism, for salvation to be more assured, people need to accumulate greater wealth, to show they are in favour with God. This contrasts with the «irresponsible domestic fiscal policy, [that] sapped the vigour of the forces for growth.» (Angus)J Rhttps://www.blogger.com/profile/02920582622819878261noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-73494536082064129832011-01-09T22:58:11.877+00:002011-01-09T22:58:11.877+00:00I also suspect that dominant religion contributed ...I also suspect that dominant religion contributed significantly. The Calvinistic influence in the north valued work, merit and responsibility, while Catholicism in the south always provided for a convenient escape route (the confession) for acts of irresponsibility. In other words, dominant religion supported increased responsibility in the north, while the opposite happened in the south.Anonymousnoreply@blogger.com