Dr. Arnott's

Articles & Thoughts

10 Commandments of Economics

The Ten Commandments of Economics

Abstract God communicates His creational intent to us through the Bible, His written word for Christians.  As we search the scriptures, we find ten “commandments” regarding the production and distribution of scarce resources: people should be free, work is good, don’t steal, don’t covet, use honest measures, trade is good, love your neighbor as yourself,…
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god greed money

Money, Greed, and God: Why Capitalism is the Solution and not the Problem

Note: below are some excerpts from one of my favorite books on Christian Economics. By Jay Richards The few remaining communists are cloistered mostly in places like Harvard and Havana (pg.2) (Money, Greed, and God by Jay Richards) At bottom, economics is about us – what we choose, what we value, what we represent in…
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Economics in Christian Perspective

Economics in Christian Perspective: Theory, Policy and Life Choices

Note: below are some excerpts from one of my favorite books on Christian Economics. By Victor V. Claar & Robin J. Klay To remain healthy, societies must be vigilant regarding the rights and responsibilities of the three sectors-governments, markets, and private/ voluntary organizations-so that none unduly encroaches on the domain and responsibilities of another. (Economics…
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imagine

Imagine That: A Christian Worldview Case Study

When John Lennon sang, “Imagine no possessions,” he added more to his possessions than any other song he possessed. Here is a Christian worldview analysis of the popular song, “Imagine” (Lennon, 1971, A1): When John Lennon sang, “Imagine no possessions,” he added more to his possessions than any other song he possessed. Imagine there’s no…
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stock chart

Economic Input and Output

The current split in the Supreme Court is over originalism and progressivism. Originalists say the purpose of the court is to compare the new law with the existing constitution to see if it aligns. Let’s call that “input.” Progressives say the purpose of the court is to measure the effect of the new law on…
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utopia

Utopian Ideas Deny the Fallen Nature

Can’t we build a just society? The answer: “We should do everything we can to build a more just society and a more just world. And the worst way to do that is to try to create an egalitarian utopia” (2010, p. 32). The world is not perfect, and we cannot make it that way.…
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