{"id":40,"date":"2011-08-12T09:00:00","date_gmt":"2011-08-12T13:00:00","guid":{"rendered":"http:\/\/blog.beliefnet.com\/godonomics\/2010\/05\/godonomics-an-overview.html"},"modified":"2011-08-12T08:50:48","modified_gmt":"2011-08-12T12:50:48","slug":"godonomics-an-overview","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html","title":{"rendered":"Godonomics: An Overview"},"content":{"rendered":"<p>Economics pervades our news today and I think many are surprised to know that the Bible has much to say on the subject.<\/p>\n<p>Socialism and Communism are incompatible with both Judeo Christian values and common sense. Growing up, I was taught Capitalism is &#8220;greed\u201d and Socialism is \u201chelping others.\u201d History reveals how naive this is. Capitalism is a three legged stool standing on incentive, property rights, and freedom. Property rights trace their roots to the Passover. When God rescued the Israelites out of Egypt and taught them to be free, He instructed them not to \u201csteal their neighbor&#8217;s house or donkey\u201d or \u201cto covet\u201d their neighbor&#8217;s property. In other words: personal ownership. Individual freedom, and prosperity begin with property rights. The apostle Paul reiterates this in 2 Thess. 3, \u201cI didn\u2019t eat someone else\u2019s bread, but worked hard for my own bread so I wouldn\u2019t be a burden to others.\u201d Here he shows both ownership: \u201cyour bread,\u201d and incentive: \u201cif you don\u2019t work, you shouldn\u2019t eat.\u201d The value of work, combined with the incentive of profit is fundamental to human motivation. Proverbs 31 instructs us to give others \u201cthe fruit of their labor.\u201d<\/p>\n<p>Capitalism offers liberty, prosperity, and the joy of generosity. Sure there are greedy, selfish capitalists, but let\u2019s not presume that greedy selfish politicians\u2019 motives are any more altruistic. Stealing to combat greed is the silly belief that \u201ctwo wrongs\u201d make a right.<\/p>\n<p>When we borrow from the future by committing our grandchildren to interest on our reckless spending, it\u2019s foolish and immoral. A good man leaves an inheritance to his children\u2019s children, not the burden of paying for our wasteful spending. Proverbs 15:22. As of today we are 12 trillion in the hole or 120 trillion in the whole with unfunded liabilities, according to <a href=\"http:\/\/www.usdebtclock.org\" target=\"_blank\">www.usdebtclock.org<\/a>.<\/p>\n<p>Paul sums up the contrast between \u201cGodonomics\u201d and Socialism in 2 Cor. 9:7 So let each one (individualism, not collectivism) give (not forced or coerced) as he purposes in his heart (not as someone tells him he has to), not grudgingly or of necessity; for God loves a cheerful giver. Every data tracking performed in the past fifty years has shown that Christ-followers are the most generous givers to all causes, religious and otherwise, and this is true throughout the world.<\/p>\n<p>For free 30-minute session of Godonomics, check out <a title=\"Godonomics\" href=\"http:\/\/www.godonomics.com\/watch-session-1\" target=\"_blank\">http:\/\/www.godonomics.com\/watch-session-1<\/a><\/p>\n<p><a href=\"http:\/\/www.youtube.com\/watch?v=yBWybGTUjEA\">http:\/\/www.youtube.com\/watch?v=yBWybGTUjEA<\/a><\/p>\n<table width=\"342\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<col width=\"342\" \/>\n<tbody>\n<tr>\n<td width=\"342\" height=\"20\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Economics pervades our news today and I think many are surprised to know that the Bible has much to say on the subject. Socialism and Communism are incompatible with both Judeo Christian values and common sense. Growing up, I was taught Capitalism is &#8220;greed\u201d and Socialism is \u201chelping others.\u201d History reveals how naive this is.&hellip;<\/p>\n","protected":false},"author":353,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,85],"tags":[633,348],"class_list":["post-40","post","type-post","status-publish","format-standard","hentry","category-capitalismsocialism","category-debt","tag-capitalismsocialism","tag-debt-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Godonomics: An Overview - Godonomics<\/title>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Godonomics: An Overview - Godonomics\" \/>\n<meta property=\"og:description\" content=\"Economics pervades our news today and I think many are surprised to know that the Bible has much to say on the subject. Socialism and Communism are incompatible with both Judeo Christian values and common sense. Growing up, I was taught Capitalism is &#8220;greed\u201d and Socialism is \u201chelping others.\u201d History reveals how naive this is.&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html\" \/>\n<meta property=\"og:site_name\" content=\"Godonomics\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-12T13:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2011-08-12T12:50:48+00:00\" \/>\n<meta name=\"author\" content=\"chadhovind\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Godonomics: An Overview - Godonomics","robots":{"index":"noindex","follow":"nofollow"},"og_locale":"en_US","og_type":"article","og_title":"Godonomics: An Overview - Godonomics","og_description":"Economics pervades our news today and I think many are surprised to know that the Bible has much to say on the subject. Socialism and Communism are incompatible with both Judeo Christian values and common sense. Growing up, I was taught Capitalism is &#8220;greed\u201d and Socialism is \u201chelping others.\u201d History reveals how naive this is.&hellip;","og_url":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html","og_site_name":"Godonomics","article_published_time":"2011-08-12T13:00:00+00:00","article_modified_time":"2011-08-12T12:50:48+00:00","author":"chadhovind","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html","url":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html","name":"Godonomics: An Overview - Godonomics","isPartOf":{"@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/#website"},"datePublished":"2011-08-12T13:00:00+00:00","dateModified":"2011-08-12T12:50:48+00:00","author":{"@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/#\/schema\/person\/b94809cbc6e13eafdb08a63d1825e37a"},"breadcrumb":{"@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/godonomics-an-overview.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.beliefnet.com\/columnists\/godonomics"},{"@type":"ListItem","position":2,"name":"Godonomics: An Overview"}]},{"@type":"WebSite","@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/#website","url":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/","name":"Godonomics","description":"Beliefnet Voices - Chad Hovind","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/#\/schema\/person\/b94809cbc6e13eafdb08a63d1825e37a","name":"chadhovind","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/#\/schema\/person\/image\/","url":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-content\/wphb-cache\/gravatar\/5ce\/5ce450f147d7562d63fa6a7f70df8143x96.jpg","contentUrl":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-content\/wphb-cache\/gravatar\/5ce\/5ce450f147d7562d63fa6a7f70df8143x96.jpg","caption":"chadhovind"},"description":"Chad Hovind is Senior Pastor of Horizon Community Church in Cincinnati, Ohio. He graduated from Moody Bible College in Chicago, majoring in pastoral ministry and communication. His love for ministry and creativity can be seen in many forms: leading teams, expository teaching, acting, and video production. He has served as pastor at two high-impact churches in Georgia: Cumberland Community Church and New Community Church. Chad received an M.A. in Ministry from Moody Graduate School in 2008. He loves volleyball, movies, and hanging out with his wife Beth and their three children.","sameAs":["http:\/\/www.godonomics.com\/"],"url":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/author\/chadhovind"}]}},"_links":{"self":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts\/40","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/users\/353"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/comments?post=40"}],"version-history":[{"count":3,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts\/40\/revisions"}],"predecessor-version":[{"id":1263,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts\/40\/revisions\/1263"}],"wp:attachment":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/media?parent=40"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/categories?post=40"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/tags?post=40"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}