Economics

The Good News About Our Economy & Families

"Among both conservatives and progressives, there are claims that the world is getting worse and that the American family had a better standard of living, better opportunities for employment, and a simpler life forty years ago. . . . There are several factors that play into this perception. The first is that we suffer from . . . negativity bias. It is easier for us to see the bad things that are happening rather than the progress." - IFWE

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Inflation Fears Are Justified, but There’s No Reason To Panic (Yet)

"Headline numbers aside, it is abundantly clear the CPI is being pushed up by several spending categories where demand took a dive during the pandemic. Prices for hotel stays, airfares, and restaurant meals, for instance, have accounted for a large portion of the recent CPI increase." - Heritage

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Economics for Church Leaders: Why the Price System Is One of God’s Artworks

"As with most good gifts given by God to humans, we are able to corrupt it and use it in ways that harm our neighbors. Yet for the most part, the price system is an ingenious method of communication that has been used to improve the human condition." - TGC

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The fallacy of capitalism’s ‘race to the bottom’

"The Biden administration proposes a global minimum tax on corporations to end the 'global race to the bottom.' Leaving aside the wisdom of letting France tax U.S.-based corporations, this phrase recalls one of the regnant canards of our time: Capitalism inevitably lowers living standards and grinds people down into poverty." - Acton

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Get Ready for the Great Reset (Part 5)

Read the series.

In order to properly evaluate the proposed Great Reset in the light of Biblical prophecy, we must first make certain that we understand the world from the vantage point of God Himself.

We must recognize, first, that nothing in this world is out of control. The Lord God of heaven and Earth, at this very moment, “works all things according to the counsel of His will” (Eph. 1:11). Speaking specifically of the Second Person of the Godhead, the Apostle Paul instructs us that “He is before all things, and in Him all things consist” (Col. 1:17). According to the author of Hebrews, He is actually “upholding all things by the word of His power” (Heb. 1:3, NKJV).

Psalm 103:19 states:

The Lord has established His throne in heaven,
And His kingdom rules over all.

As one of my theology professors, Dr. Rolland McCune would say it, this means that “every speck of cosmic dust” in the universe is under His sovereign control. Dr. McCune would remind us that this verse speaks of the universal kingdom of God—of which the coming theocratic, millennial kingdom of prophecy will be one major element.

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Get Ready for the Great Reset (Part 4)

In our first three installments on the Great Reset—proposed for the world by the global elite, including politicians as well as many influential corporate leaders—we have looked at some of the basic concepts involved in the Reset, as well as two extremes to avoid when evaluating it from a Christian perspective.

We need to move on from there to discern how we should properly evaluate these global trends through a Biblical lens (to use a phrase made popular by Ken Ham)—yes, even through the lens of Biblical prophecy.

But before we deal with that specifically, let’s take a moment to reflect and remind ourselves where we are today—and just how far we’ve come in the past 12 months.

We’ve all seen how governments across the world have instituted sweeping new regulations in the wake of a pandemic. Here in the United States—where, perhaps, we assumed that such measures would be untenable—much of the country continues to struggle through imposed shutdowns or other severe restrictions. Yet major questions remain as to both the Constitutional authority to mandate such policies as well as the scientific evidence supporting their efficacy.

The physical, emotional and spiritual effects of these policies have, however, been enormous. This is not to mention the financial ruin suffered by many. One might think that there would be a robust public debate regarding all of this cultural upheaval.

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