Socialism
#194 Thankful for Private Property
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/11/194-Thankful-for-Private-Property.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreThe Pilgrims tried socialism and it failed. Then private property led to so much prosperity that they hosted the first Thanksgiving. If you have enough to eat this Thanksgiving, you should be thankful for the private property system that…
Read More#189 Karl Marx and Hamas
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/10/189-Karl-Marx-and-Hamas.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreThe powerful religion of Karl Marx and of Islam leads to the powerful political system of totalitarianism, which leads to the powerful economic system of Marxism, which impoverishes its people. How we see God has a lot to do with…
Read More#184 Competition is More Effective Than Regulations
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/09/184-Competition-is-More-Effective-than-Regulation.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreChristians are called to take care of widows and orphans, because in the agrarian economy of Biblical times, those were the people who didn’t own land, so they were not capable of economically providing for themselves. In the 21st century,…
Read More#183 Who Should Care for the Homeless
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/09/183-Who-Should-Help-the-Homeless.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | More“Supply causes demand” was the summary statement by the French economist Jean Baptiste Say. The Biden administration has supplied more than $500 million to alleviate homelessness, and demand for it went up 11%. The allotment will be quickly consumed by the…
Read More#181 Long Life & Economics
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/08/181-Economics-of-a-Long-Life.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MorePeople are living longer, and it’s shaking up the world of money. A Wall Street Journal piece shows that as we age, we stack up more cash. But, with longer lives come bigger economic questions. “You will have a long…
Read More#179 Artificial Intelligence is Pretty Smart
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/06/179-Artificial-Intelligence-is-Pretty-Smart.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreArtificial intelligence can view a photo of a person’s face and correctly identify their political leanings 61% of the time. That’s because conservatives smile and liberals don’t. If you want to be happy, choose conservatism. Artificial intelligence can view…
Read More#176 The Definition of Poverty
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/06/176-The-Definition-of-Poverty.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | More The Biden administration is considering changing the definition of poverty to be a relative term related to the lower end of the income spectrum. That would guarantee that “The poor will always be with you.” This is perhaps the most…
Read More#164 The Redistribution Scheme
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/03/164-The-Redistribution-Scheme.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreMost fiscal policy has become a redistribution scheme because the benefit actually accrues not to the government, but to those on whom the revenue is spent. That’s not Biblical. When writing about taxes, Gregory Mankiw writes, “The benefit actually accrues…
Read More#162 Voting for Socialism
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/02/162-Voting-for-Socialism.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreFox business anchor Charles Payne famously said, “You can only vote for Socialism once.” Another common quip is “You can vote your way in, but you’ll have to shoot your way out.” Well, 86 US Congressional Representatives just voted for…
Read More#106 Karl Marx and the Devil
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2021/12/106-Karl-Marx-and-the-Devil.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreThere is no biblical basis whatsoever for socialism, either in the Old Testament or in the New Testament. because socialism is totally at the opposite end of the spectrum from what it means to be a God-fearing person. You’ve probably…
Read More#19 Render Unto Caesar
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2020/02/Render-Unto-Caesar.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreShould we pay taxes? How? And how much? The answers are not as obvious as you might think.
Read More#18 Love Your Neighbor
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2020/02/Love-Your-Neighbor.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreIf you love your neighbor, you will provide consumer surplus, which makes them richer. If you love yourself, you will make a profit, which makes you richer.
Read More#17 Don’t Covet
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2020/02/Dont-Covet.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreEconomic inequality – like all inequalities – should be praised as a part of God’s creational intent.
Read More#15 Healthcare is Not a Moral Right
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2020/01/Healthcare-in-Not-a-Moral-Right.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreThe crossroads of Economics and Christianity is freedom. Healthcare as a moral right means the labor of healthcare providers is owned by others. That denies their moral freedom.
Read More#12 All Things in Common?
http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2020/01/All-Things-in-Common.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Google Podcasts | RSS | MoreActs 2 says we should hold “All things in common.” Some Christian economists claim this endorses socialism, but it does the opposite: It endorses individual giving, which exemplifies free market capitalism.
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