Jesus Creed
Economics Archives

Michael Kruse is well-known to the Jesus Creed blog, and here he plies his trade once again in a book review. A variety of anthropological lenses have been used to examine the New Testament world but one lens remains relatively […]

Folks Michael Kruse finishes off this wonderful series today, and I hope you express your appreciation to him. We need education like this, and to that end David Opderbeck will begin a series next week on “Law” — David’s a […]

Eighteen years ago, Pope John Paul II wrote in Centesimus Annus:   “Can it perhaps be said that, after the failure of Communism, capitalism is the victorious social system, and that capitalism should be the goal of the countries now making […]

Today I’m departing some from offering basic economic concepts and interjecting a sociological element into our discussion.  There is considerable energy to today around the idea that Christians need to resist impersonal capitalism and Western individualism. The most common characterization […]

Today’s post promises to be “profitic.” 🙂 We are exploring the concept of profit. What is profit?  What is its role in business and the economy?   Unlike most economies of the past, most of us earn income by engaging in a […]

Today we turn to the topic of wealth. Let’s start with a simple question: What is wealth? The answer may not be as obvious as it seems. Consider the following.   The Nature of Wealth   How much would you […]

“Love your neighbor as yourself.” This injunction is mentioned once in the Old Testament (Lev. 19:18) and seven times in the New Testament (Matt. 19:19, 22:39; Mark 12:31; Luke 10:27; Rom. 13:9; Gal. 5:14; James 2:8) It is the core […]

This series is by Michael Kruse and it concerns economics — a basics in economics. Most of us, and I include myself, no next to nothing about how economics work and so this series is here for the education of […]

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 […]

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: […]