#199 Hope for the New Year

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/12/199-Hope-for-the-New-Year.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreThere are Ten Reasons for Hope in the New Year   I often explain that as an economist, I’m a pessimist, but as a Christian, I have hope. Hope is endemic to the Christian spirit and idea. We believe God is at work,…

Read More

#197 December is Christian Month

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/12/197-December-is-Christian-Month.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreDecember is Christian Month. It starts with Thanksgiving and ends with Christmas: the most celebrated holiday event in human history.   December is Christian Month. It was not officially declared by any governmental entity. It doesn’t have to be. Just look around. It…

Read More

#196 The Economics of Imperfection

The Christian Economist with Dave Arnott

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/11/196-The-Economics-of-Imperfection.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreEconomics in 2023: we should not expect perfection on this side of heaven. Many people leave the church because they find that their fellow congregants are not perfect. We also hear complaints about the capitalist economy not perfectly serving everyone’s needs. The answer…

Read More

#193 Who is Getting Shanghaied in Trade?

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/11/193-Who-Is-Getting-Shanghaied-in-Trade.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreTrade with China makes Americans richer, but China is likely using the profits from their exports to build a military that the US will fight someday.   In the 19th century, if a sailor got too drunk in a port city, he might wake…

Read More

#191 When Expenses Exceed Revenues

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/10/191-When-Expenses-Exceed-Revenues.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreThe US Federal Government’s annual expenses are $1.9 trillion more than its revenues.  That’s a violation of the eighth commandment, and it is economically unsustainable.   You will be poorer every day, for the rest of your life, because the Biden administration has…

Read More

#190 We’ve Never Run Out of Anything

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/10/190-Weve-Never-Run-Out-of-Anything.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreScarcity thinkers tell us we are running out of resources.  But Christians believe our “Made in the image of God creativity” will continue to find new ways of preserving resources. One of my favorite questions to ask groups is to complete this sentence,…

Read More

#188 More Equal than you Think

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/10/188-More-Equal-Than-You-Think.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreAmerican incomes are 3% more equal today than in 1947.   That was the key data point from former Senator Phil Gramm’s recent speech about his new book, titled The Myth of American Inequality. Don’t Covet Just about every discussion that points out inequalities…

Read More

#187 ChatGPT has Assumptions

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/10/187-ChatGPT-Has-Assumptions.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreChatGPT leans liberal and can be deceptive, but Christians should not be afraid of it; It’s simply another machine that will cause creative destruction that makes us economically richer.   Toward the end of last semester, I wrote to my Dean in the…

Read More

#186 God Made Us Rich

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/09/186-God-Made-Us-Rich.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreOur creativity comes from being made in the image of God. That creative innovation is best expressed in time-price, defined as how many hours we work to buy something.  We’re rich. Would you like to pay for your breakfast and get eight free? …

Read More

#185 Perfection is Found only in Heaven

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/09/185-Perfection-is-Found-Only-in-Heaven.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreWe can’t make a perfect economic system.  But we can make it better. God is perfect, we’re not.  But that doesn’t stop people from striving for perfection.  So how do we design an economic system for an imperfect world?  That’s the subject of…

Read More

#184 Competition is More Effective Than Regulations

"The Christian Economist" with logo and a closeup of a dollar bill in the background

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 | 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, we as individuals…

Read More

#183 Who Should Care for the Homeless

"The Christian Economist" with logo and a closeup of a dollar bill in the background

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 | 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 Homeless Industrial Complex,…

Read More

#182 Your Economic Reputation

"The Christian Economist" with logo and a closeup of a dollar bill in the background

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/08/182-Your-Economic-Reputation.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreDuring his testimony in front of the Judiciary Committee, John Durham had a powerful response to the attack on his reputation: “My concern about my reputation is with the people who I respect and my family and my Lord.” Are we as a…

Read More

#180 We are God’s Creative Creatures

#180 We Are God's Creative Creatures | The Christian Economist

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/07/180-We-Are-Gods-Creative-Creatures.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreAs long as the fallen nature produces unlimited wants, and the creative nature has unlimited creativity, there will be unlimited employment.   The Bureau of Labor Statistics published a report last year, projecting huge losses in three occupational groups: Administrative assistants, production, and…

Read More

#179 Artificial Intelligence is Pretty Smart

#179 Artificial Intelligence is Pretty Smart | The Christian Economist

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 | 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 a photo of…

Read More

#178 Economic Freedom Must be Defended

#178 Economic Freedom Must be Defended | The Christian Economist

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/06/178-Economic-Freedom-Must-Be-Defended.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreJust like national freedom, economic freedom must be defended.  When we stop defending it, we are on the Road to Serfdom. Ginger and I attended a family wedding recently where many of the attendees were members of the military.  I mentioned to a…

Read More

#177 A Culture of Work

#173 A Culture of Work | The Christian Economist

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/06/177-A-Culture-of-Work.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreMost Democrats favor a culture of dependency.  That is not consistent with the Christian worldview that God made humans to work.   “I don’t work because I don’t have to”.  A woman of working age in front of me in the check-out lane…

Read More

#176 The Definition of Poverty

#173 The Definition of Poverty | The Christian Economist

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 | 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 important statistic in…

Read More

#175 The Economic Effects of Illegal Immigration

#175 The Economic Effects of Illegal Immigration | The Christian Economist

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/05/175-The-Econonmic-Effects-of-Illegal-Immigration.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreMost of the six million illegal immigrants who have crossed the US southern border in the last two years are claiming political asylum.  They are being allowed to enter because of election politics.  The real reason is economics. The largest migration in the…

Read More

#174 Never Let a Crisis go to Waste

#174 Never Let a Crisis go to Waste | The Christian Economist

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/05/174-Never-Let-a-Crisis-Go-to-Waste.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreChristians should not be fooled by the Machiavellian technique of using a crisis to gain political or economic power.    The title of today’s podcast comes from Niccolò Machiavelli, known as one of the most devious of leaders.  Early in the 16th century,…

Read More

#173 Simple Rules for a Complex World

#173 Simple Rules for a Complex World | The Christian Economist

http://media.blubrry.com/1463975/davearnott.com/wp-content/uploads/2023/05/173-Simple-Rules-for-a-Complex-World.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSS | MoreGod gave Moses only ten rules.  But now, we are drowning in a complex maze of political and economic regulations that cede power to the government. God gave Moses only ten rules.  That’s a great example of using simple rules for a complex…

Read More