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Economics at the Jesus Creed: Michael Kruse 3
By
Scot McKnight
The third installment in a series by Michael Kruse about Christians and economics. I think many of us make remarks about economics on the basis of the Bible, but do we understand the economic theory at work in our statements or in our world? Do you know how to make a no. 2 pencil? If…
Economics at the Jesus Creed: Michael Kruse 2
By
Scot McKnight
Last week I wrote that the driving question behind economics is this: Given scarce (i.e., limited) resources, what should each of us do today and how will we coordinate billions of projects? Today we identify two modes of economic analysis: positive and normative. Positive Economics is concerned with understanding and describing what is. Theories are articulated, hypotheses…
Basic Economics at the Jesus Creed: Michael Kruse
By
Scot McKnight
Michael Kruse, who blogs at the Kruse Kronicle, is one of our most faithful conversation partners on the Jesus Creed blog. He has over and over instructed us about economics and so we asked him to do a series for us on basic economics. I’m looking forward to this series. This is the first in…
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