#108 God’s Frameworks

christian economist

#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

christian economist

#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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# 106 Karl Marx and the Devil

christian economist

# 106 Karl Marx and the Devil There 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 sensed that there’s something wrong with the entire…

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#105 The Free Market Feeds the Poor

christian economist

#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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#104 Does God Want Us to Be Rich

christian economist

#104 Does God Want Us to be Rich? God wants us to be rich, but that’s not the same as wanting us to be wealthy. God wants us to obey, which often results in wealth. That question was posed at a men’s Bible study this week.  Good question.  It’s always a good question when we ask,…

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#103 We’re All Agents

christian economist

#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

christian economist

#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

christian economist

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

christian economist

#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

christian economist

#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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