Along with fellow Christian economists Brian Brenberg, Art Carden, Manuel Salazar and Russ McCullough, I recently offered some insight to the contributions the Institute for Faith, Work and Economics book, For the Least of These: A Biblical Approach to Poverty. My comments are pasted to the right, and here is a link to read the remarks from my contemporaries.
The Bible makes it clear that we as Christians are to care for the poor (e.g. Acts 20:35; Proverbs 22:9; Isaiah 58:10). Many in the church assume that entering formal ministry or following a social gospel are the only paths towards fulfilling God’s calling to help the poor, but IFWE’s For the Least of These offers an alternative narrative. Many charitable works are commendable and fulfill short term needs, but this collection of scholarly essays addresses the challenge of poverty from a biblically sound economic and moral perspective that places an emphasis on long-run human flourishing through vocation and economic freedom. When individuals are given the freedom to faithfully pursue a vocation of choice that best utilizes their God-given talents, and do so with the understanding that this is their calling, they create value for society and serve others in the process. This enables individuals to flourish and creates widespread opportunities for dignified economic mobility and the alleviation of absolute poverty.
Mark Skousen applauds the Bureau of Economic Analysis in its decision to begin releasing quarterly data on Gross Output in addition to measures of Gross Domestic Product in this op-ed for the Wall Street Journal.
Ben Powell opines for the Huffington Post on the economic benefits of sweatshops on the anniversary of the tragic garment factory collapse in Bangladesh that killed 1,100 people. Powell argues that despite relatively poor safety standards in underdeveloped countries, citizens of these nations are better off with poor safety regulations than they would be if stricter regulations were to be imposed.
Assistant Professor of Economics at Patrick Henry College.