Category Archives: Economics

Guarding your wallet?

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Today over at the DesiringGod blog Marshall Segal writes about money (“Four Questions to Keep Close to Your Wallet”). His opening line is right on: “It’s hard to imagine many things more maligned in Scripture than money.”
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He opens by putting the topic in the big picture for Christians –—

At the end of the day, we must each know our own hearts and be willing to ask what role money is playing in our thoughts and affections. Is it a means of worshiping God or a means of replacing him? Is our budget highlighting the sufficiency and worth of Christ or has it become a reason for boasting in or treasuring something other than him?

He then presents & discusses four questions we should be asking:

1. Is my spending marked by Christian generosity?

2. What does my spending say about what makes me most happy?

3. Does my spending suggest I’m collecting for this life?

4. Is my spending explicitly supporting the spread of the gospel?

I encourage you to click through and read the whole thing at the DesiringGod blog. Thanks Marshall Segal.

Social justice?

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“Jesus himself didn’t condemn economic inequality. Yes, he repeatedly warned about the snares of material wealth; he exploded the comfortable conventionality of the Pharisaical tendency to regard prosperity as a badge of honor and superiority; he commanded compassion toward the poor and suffering. But … in the parable of the talents (Matthew 25:24-30) he condemned the failure to productively use one’s God-given talents—whether many or few, exceptional or ordinary—by having a lord take money from the one who had the least and give it to him who had the most, thereby increasing economic inequality.”

In a brief article “The ‘Social Justice’ Fallacy? Wolves in Sheep’s Clothing”, adjunct faculty member, economist, and contributing scholar with The Center for Vision & Values at Grove City College — Dr. Mark W. Hendrickson — explains, “The modern left’s ‘social justice’ strives for economic equality. It endeavors to reduce, if not erase, the gap between rich and poor by redistributing wealth. This is ‘justice’ more akin to Marx and Lenin, not according to Moses and Jesus. It is a counterfeit of real justice, biblical justice. Modern notions of ‘social justice’ are often wolves in sheep’s clothing.”

READ IT ALL HERE: The “Social Justice” Fallacy? Wolves in Sheep’s Clothing by Dr. Mark W. Hendrickson, Grove City College, PA