Economist Greg Mankiw's Thoughts about the Fiscal Commission

"A reasonable position is, perhaps, that the commission should not succeed.  After all, it is the president's responsibility to put out a budget.  The one he just released is, as I argued in my recent Times column, not a sustainable one at all.  He just passed the buck to the fiscal commission.  Perhaps conservatives should not allow him to do that but, instead, should try to force him to put out a sustainable budget on his own.  After all, isn't that Peter Orszag's job?"

Read the rest here.

Solving Poverty

Hunter Baker of Evangel blog wrote a blog post on solving poverty. Here are a couple of excerpts:

Does the church do enough?  It does not, but I would argue that in part we fail to combat the problem of poverty adequately in the church because we think the duty has been subcontracted out to the state. 

...When President Bush suggested that maybe we just might consider trying to encourage marriage among the poor, protest erupted.  It was the same old thing, theocracy, blah, blah, blah . . .  For some reason the morality that extends welfare to poor people is perfectly fine while the morality that would gently urge them toward the things that help human beings flourish is threatening and terrible and ultra-religious.

Read the rest here. He also wrote a post that preceded this one.  This one is worth reading too. The “Absurdity” of Solving Poverty

What Would the World Be Like Without Automobiles?

Gary DeMar's writings are always thought provoking.  He always gets me to think through what I believe and how I see the world. Here is a couple of excerpts.

What would Jesus have done if confronted with the new technology? Would He have endorsed the mass production of the automobile when it was first introduced to the American public knowing that it was a polluter? 

Sanitary experts in the early part of the twentieth century agreed that the normal city horse produced between fifteen and thirty pounds of manure a day, with the average being something like twenty‑two pounds. In a city like Milwaukee in 1907, for instance, with a human population of 350,000 and a horse population of 12,500, this meant 133 tons of manure a day, for a daily average of nearly three‑quarters of a pound of manure per person per day. Or, as the health officials in Rochester calculated in 1900, the 15,000 horses in that city produced enough manure in a year to make a pile covering an acre of ground 175 feet high and breeding sixteen billion flies.

Read the rest by Gary DeMar.

50 Factors Within Nations that Determine Their Wealth or Poverty by Wayne Grudem

(download)

Lecture 1 of 4

What is economics and how should a christian look at the economy. These are two questions that Dr. Grudem answers (actually, he ansers a lot more).  These are lectures that he gave for his Sunday School class so they are a great resource for the beginner economist.

Wayne Grudem