#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…

#96 Tax the Rich The rich already pay a high percentage of income taxes.  Taxing them more will cause them to leave the country.  And, it denies the consumer surplus that was created to earn wealth. The Socialist Alexandria Ocazio Cortez is so famous she is typically referred to as AOC, and everyone knows who…

#95 Paying People Not to Work Paying people not to work is not Biblical nor is it economically sustainable. The Good Samaritan story tells us how to care for those who can’t care for themselves.    “They pretend to pay us and we pretend to work,” is a jocular phrase I picked up in Russia. …

# 94 Bread and Circuses The US Government is giving money to the populace in an attempt to buy votes with bread and circuses.  This is not Biblical and it hurts instead of helps the poor, as Christians are commanded to do. “Give them bread and circuses and they will never revolt.”  The phrase originates…

#92 Public Ownership and Scarcity Part II Humans are a part of God’s natural creation.  Christian economics care how global warming affects them. Does private or public ownership care for scarce resources more effectively? Global Warming Oh, I’ve tried to stay away from this topic, because it’s so hard to get reliable data.  I “Put my…

#92 Public Ownership and Scarcity Part I Private ownership sustains assets more securely and distributes them more fairly than public ownership. At the risk of sounding like a “summer camp report,” this podcast takes most of its information from an Alaskan cruise that was an MBA graduation gift for my wife, Ginger. Limit the Supply…

#91 Chicken or the Egg God the Creator could choose which came first. In economics, the supply (egg) must come first. Something from Something I have repeated this phrase so many times, but I keep repeating it because people just don’t listen.  The government has no money.  It must take money from its populace.  There…

#90 Equality or Equity? Christians believe in equality of opportunity, not equity of outcomes.  This comes from our belief about salvation.  The inherent vice of Capitalism is the unequal sharing of blessings.  The Inherent virtue of Socialism is the equal sharing of miseries.  Winston Churchill Here’s the difference between equality and equity.  Equality means equal opportunity. …

#89 Antitrust and the Fallen Nature Monopolists are fallen, so there must be governmental control.  Antitrust activity should be controlled by the behavior of firms, because that exercises less power than controlling the potential for monopoly. A couple times each semester, I tell my students, “You might want to turn on your recording device because…

#88 Don’t Fear the Future The Devil and the media want you to fear the future.  A Christian Economist rationally understands that the present is better than it’s ever been, and the future is protected by God.   Where we get the Patient to Worry In letter 15 of the Screwtape letters, CS Lewis “The…