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Koch and Lowery receive educational grant for “Adam Smith Meets John Wesley”

Posted: Aug 20, 2012

Olivet professors Dr. Paul Koch (Department of Business) and Dr. Kevin Lowery (School of Theology and Christian Ministry) recently received one of 11 mini-grants given by the Council for Christian Colleges & Universities to business and economics faculty from its member institutions.

Dr. Koch and Dr. Lowery received their grant to write and publish Adam Smith Meets John Wesley: Engaging Capitalism with Wesleyan Theology. Their book examines the relationship between free market capitalism (as presented in Wealth of Nations by Adam Smith) and the distinctive emphases of Wesleyan systematic theology. They identify the elements of Wesleyan theology that are most relevant to capitalism and outline an approach to capitalism that is consistent with Wesley’s core commitments. They also apply Wesleyan principles to various aspects of capitalist society.

“Kevin and I are honored to receive this grant, and to be included in the same company as the previous and current recipients from other CCCU institutions,” said Dr. Koch. “It is my privilege to work with Kevin, who was recently recognized by the University with the 2012 Samuel L. Mayhugh Award for Scholarly Excellence.”

“I was excited when Paul invited me to be his partner for this project, and I am looking forward to collaborating with him,” said Dr. Lowery. “I have always been interested in interdisciplinary research. I want to encourage other scholars to get involved in such efforts, because they help us broaden the scope and relevance of our own disciplines. Paul and I are especially enthused about bringing a Wesleyan voice into scholarly conversations on economics.”

These CCCU mini grants are used to enhance effectiveness in the teaching, scholarship and practice of market economics.

“The CCCU is very pleased to be able to support faculty teaching and scholarship across a number of academic disciplines as faculty examine the connections between free market economics and political and economic development,” said Ron Mahurin, CCCU vice president for professional development and research. “These are important issues for scholars to explore, and Christian scholars have important contributions to make in this field of inquiry.”

Grant recipients will be acknowledged during the 2012 Free Market Forum, scheduled for October 4-6, 2012, in Houston.