Does conservative theology hurt your pocketbook?

Lisa Keister has scanned the Bible and found nearly 2,000 verses in the New Testament that touch on the topic of money. It’s those very verses that may be keeping many conservative Protestants from building up long-term wealth, she says.

Keister was surprised that when demographic factors — such as education, age and race — were held as constant, religion still proved to be an influential factor in wealth accumulation. Conservative beliefs had a larger impact among black Protestants, she found, but also remained significant among whites.

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