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Posts in category economics

Through the Needle’s Eye: A Ref...

Through the Needle’s Eye: A Reflection on the Narrative of the “Wealthy Righteous”
“Teacher,” the rich man declared to Jesus, “I have kept all these commandments of God since I was a boy!” “Then, there is one thing you lack,” Jesus said. “Go, sell everything you have and give to the poor, and you will have treasure in heaven. Then come, follow me.” At this the man’s face fell, and he went away sad. Jesus looked around and [...]

The Insanity of CEO Pay

The Insanity of CEO Pay
I still can’t get my mind wrapped around this. This article lists the top 20 CEOs by compensation during the year 2009. In many cases, most of their compensation comes from stock and options rather than base salary. Several of the companies that are run by this elite group actually lost money during the same year. In other words, they were r [...]

The Justice Project

The Justice Project
I’m about half-way through The Justice Project, a 2009 volume containing a collection of essays on the topic of justice within the context of Christianity. Thus far, I have been impressed by the depth of the analysis, as well as the variety of perspectives that have been brought to bear on this subject. Today, for example, I read a Chapter [...]

Debt and Moral Obligation

Debt and Moral Obligation
There has been a lot of discussion lately about the concept of “strategic default” – a conscious decision to stop making payments on a debt. If you aren’t familiar with the debate, this article is a good place to start. Here is the problem: there are a lot of homeowners who are victims of the housing crisis – they can’t sell their house [...]

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