#110 Going Back to the Office

the christian economist dave arnott

#110 Going Back to the Office Going back to the office after the pandemics exemplifies the flexibility of both Christianity and economics.   The US labor market is going through an epic change in supply and demand, as we exit the Covid pandemic.  Each industry, and firm, is making the decision about whether to continue remote…

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#108 God’s Frameworks

the christian economist dave arnott

#108 God’s Frameworks God made a complex world. Humans categorize it using frameworks. Frameworks.  That’s what we teach in college level education.  God made a complex world.  Humans try to categorize it so we can understand it better.  In the second session of my Econ class, I give framework assignments to groups of students.  They…

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#107 Training is Not Education

the christian economist dave arnott

#107 Training is not Education Training can effectively be measured by Return on Investment.  Education cannot.   Return on investment is an effective way to measure training.  It’s a terrible way to measure education.  The Wall Street Journal made three attempts recently to do this.   The first article is titled, Is college worth the…

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#105 The Free Market Feeds the Poor

the christian economist dave arnott

#105 The Free Market Feeds the Poor Father Robert Sirico has become the Lord Acton of our generation for telling Pope Francis that the free market feeds the poor. How else would there be enough “leftovers” to give away? I am a great admirer of Father Robert Sirico.  He founded the Acton Institute in Grand…

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#103 We’re All Agents

the christian economist dave arnott

#103  We’re All Agents We all act as agents for someone.  Christians should be agents of God’s calling, creating goods and services that enrich our neighbors.   The First Organizational Structure In Exodus 18:13, we find the first story of organizational structure. It reads: “Moses took his seat to serve as judge for the people, and…

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#101 Inflating Inflation

the christian economist dave arnott

101 Inflating Inflation Government policies are increasing inflation that harms the poor and violates the scriptural mandate about “honest measures. Inflation is one of the two evils of macroeconomics, along with its devilish brother: Unemployment.  Inflation usually happens by an over-heated economy, but poor economic policy can also inflate inflation, and that’s what we’re seeing…

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#100 Takers Are Not Makers

the christian economist dave arnott

#100 Takers Are Not Makers Conquerors (takers) seldom beat their swords into plowshares and become economic producers (makers). So, the Taliban will probably not build a sustainable economy.   Early in your study of economics, you probably learned about opportunity cost.  I advise my students to have only one dating relationship at a time.  And,…

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#99 Faith and Freedom

the christian economist dave arnott

#99 Faith and Freedom God gives us the freedom to choose or reject HIs offer of salvation. So we assume He wants us to be as free as possible in our economic lives.  Freedom is not free Free is not freedom When I encounter someone who has served in the military, my common expression is…

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#98 The Myth of National Self-Reliance

the christian economist dave arnott

#98 The Myth of National Self-Reliance Countries who cut themselves off from global trade become poorer through their own self-reliance. Discriminating against other countries is not Christian, nor is it economically fruitful. Early in the semester, I ask the athletes in my class to tell where they’re from and what denominational church they belong to. …

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#97 Feeling vs Thinking

the christian economist dave arnott

#97 Feeling vs Thinking We live in a time of stupidity.  Since we believe “The truth will make you free,” the Christian Economist encourages us to do more thinking and less feeling.   How many times have you asked, “How can people believe such stupid stuff?”  I often remind Ginger that she believes a woman got…

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