#112 The Great Reset

the christian economist dave arnott

#112 The Great Reset The World Economic Forum is attempting “The Great Reset”, after learning of problems with the US capitalist economy.  Christians believe in two: When Christ came, and when He returns. In-between them, we do the best we can in a fallen world.   In Christianity, we believe in two Great Resets: The…

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#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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#102 The Debt Ceiling

the christian economist dave arnott

#102 The Debt Ceiling Federal debt is stealing.  It limits freedom.  And, it assumes US Treasury bureaucrats are not fallen.  The debt ceiling provides some protection against governmental excess.  Life is full of grand promises that never come true.  Sweets without calories.  Energy that’s free. A perpetual motion machine.  This week, Treasury Secretary Janet Yellen…

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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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