The development of religious thought, and specifically how it relates to business concerns, is discussed in this classic work byR. H. Tawney. During the Middle Ages the church doctrine, notwithstanding numerous examples of inconsistencies and outright hypocrisy, viewed material wealth as a potential sign of greed, and therefore with heavy skepticism. This view permeated into discussions of economic affairs. In particular, gains coming from payment for production were viewed as...