
Gordon Menzies
University of Technology Sydney
Collaborating Network
Affiliations
Associate Professor in Economics at the University of Technology Sydney
Biography
He began his career as a central banker, and in that role he was sponsored to complete a Masters at the Australian National University, where he won the Robert Jones Prize for the best student. He was a subsequently awarded a Commonwealth scholarship to study at Oxford, with one of his supervisors being Donald Hay. He has won a number of teaching and research prizes. He does not come from a Christian background and has a heart for evangelism as well as integrative scholarly work.
Research Focus
- I want to measure progress in the social sciences, so as to test Emil Brunner’s idea that modelling ‘the personal’ relies on a correct worldview/spiritual state of the researcher.
- I am working with Donald Hay, UK, exploring economic behaviour from the standpoint of Christian anthropology. The work is partly a critique of existing assumptions in neoclassical economics of ‘rational economic man’, and partly an attempt to model behaviour analytically with foundations drawn from Biblical anthropology.
- If reductionist social sciences like economics are necessarily partial, then correct modelling will over-rule economic modelling conventions. I am working on models of truth telling where agents have deontological ethics, over-ruling economic consequentialist ethics.
- Literature on money priming (the presence of money alters people’s behaviour even if it is not an incentive), if correct, casts the enterprise of experimental/behavioural economics into question, because journals insist on financial incentives.
- Critique of the World Values Survey and, separately, the scholarship of secular progress that draws on it (with Tom Simpson, Oxford).
GFI Writings
Donald Hay
Gordon Menzies
Bringing the Love Command to Markets
The ‘Genius’ and Challenge of Markets # At the core of economic analysis is the idea that there are gains from trade between economic agents, such as individuals, businesses, states. The simplest formulation has two agents with different endowments of goods, who by trading with each other can…
Gordon Menzies
University of Technology Sydney
Why Love Belongs in Scholarly Discourse: A Reading of Oliver O’Donovan on “The Sovereignty of Love”
An earlier version of this Brief was presented as the opening address of an Oxford Faculty Workshop on “The Sovereignty of Love” hosted by GFI in partnership with the Lanier Theological Library, Yarnton Manor, 6 June 2025. Summary Sayings as Scriptural Models # I am attracted to the summary s…
Donald Hay
Gordon Menzies
Bringing the Love Command to Markets
The ‘Genius’ and Challenge of Markets # At the core of economic analysis is the idea that there are gains from trade between economic agents, such as individuals, businesses, states. The simplest formulation has two agents with different endowments of goods, who by trading with each other can…
Gordon Menzies
University of Technology Sydney
Two Questions: Is a Flourishing Life a Loving Life? Can Christian Love Inform a Virtue Ethic for Economists?
The topic of love is a dividing line between theology and economics. One might say theology is deeply concerned with love - its manifestations, divine and human; its definitions; its teloi. However, economics does not even have it as an explicit category. How might this chasm be cros…
Gordon Menzies
Donald Hay
Economics and the Virtues
We suspect that most economists, both academic and professional, if asked to comment on the role of the virtues in economics, would look somewhat surprised to be asked, as the virtues do not figure in the standard frameworks of economics as currently practiced. The exception might be those whose tra…
Donald Hay
Gordon Menzies
Order in Market Economies
The market economy is an example of a human order in civil society which arises from the desire and willingness of economic actors to trade with each other in goods, services, and in factors of production such as the land, labour and capital that are utilised to produce those goods and services. The…
Gordon Menzies
University of Technology Sydney
Where Does Sin Fit in the Volf et. al. Schema of Flourishing?
Thank you for this thoughtful piece. The schema would be recognizable by my economics colleagues as they reflect on their own experience, but it is not easily formalizable in one of their models. This is a criticism of economic models, rather than the framework. I have worked (with Donal…
Gordon Menzies
University of Technology Sydney
Rights Based on Worth Links Justice to Anthropology
J S Mills conception of society is that unless you harm others (in which case 2nd order comes in) the only thing that determines proper action is your unfettered freedom. I have criticized this framework. I argue in a book that the Power Discourse of Nietzsche which privileges the strong, competent …
Donald Hay
Gordon Menzies
Climate Change Justice
The call for climate justice has come from many environmental campaigners in recent months, not least from the lips of Greta Thunberg and her young followers. It is less evident in the vocabulary of environmental economists, but a type of ‘justice’ is implicit in the analysis that economists present…