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Spirit of Capitalism
Religion and Economic Development by Robert J. Barro
Religion, Vol. 25 (4) - Winter 2004 Issue
Robert J. Barro is Robert C. Waggoner Professor of Economics at Harvard University.
At this point, these findings about the economic effects of religion are exciting and provocative, although preliminary. There is more than enough in the results to warrant further research by ourselves and others; indeed, additional research can assess the effects of religiosity on political and social variables, including democracy, the rule of law, fertility, and health. This further research will likely modify our findings and may even overturn some of them. However, the overarching conclusion of this research is inescapable: a state’s religiosity has important influences on its economic performance. 
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