Cerebral Shangrila

Tuesday, December 23, 2008

Religion and recession

It is counter-intuitive to figure out that religion benefits during the downturn. NYT reports that there has been a significant increase in church goers since September. But bigger numbers are not turning into more $.

Reducing collections, poor fiscal management and past borrowing binge blunders are forcing more religious institutions towards chapter 11.

That leaves us with broader questions surrounding the business motives of the religion. Should religion be run like "business" ?

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  • Nope not at all Just like schools should not be run like businesses, religious establishments should not be run like that as well. Well atleast that is what I hope for :).

    By Blogger Matter Mahadevan, at 4:10 AM  

  • Yeah, that is always an eternal challenge for these institutions. How to marry their ideals with business survival techniques?

    By Blogger Cogito, at 11:09 PM  

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