Home Economics
Written by Calvin Fox   
Wednesday, 27 November 2013 19:43

As I try to explain in the Essay posted above this one- the Bible does not mandate economic equality not does it support wealth redistribution by the Government.  Hence Chrsitians should support neither.  But the latter is well underway in America.

The stories about ObamaCare costs for American families continue to unfold before us. As more people gain access to information about the health plans available to them through ObamaCare, the trite phrase “sticker shock” is heard more often. We have probably all learned that some of this was to be expected. After all, the plans will cover pre-existing conditions, spread the costs of maternity across all subscribers where that typically had been assessed to females and families, and premium subsidies are being made available to individuals and families with incomes of up to 400% of the federal poverty level. Additionally, premium rates cannot be more than three times greater for a 62 year old than for a 22 year old person. All of this has served to cause significant premium increases. Many of those who have had health plans in the past are finding their renewal premium amounts significantly higher than before or benefits reduced, or both. ‘Significantly’ as in up to three times, or even more, higher.

But, is there more to this story than simple cost increases coupled with diminished coverage? Is it possible there is something of even more concern for those of us of the conservative persuasion?


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Last Updated on Wednesday, 27 November 2013 19:45
Written by Calvin Fox   
Friday, 10 May 2013 10:10

My reading confirms  "a lot of bright young people are writing ... about the evils of capitalism"- and that among these bright young people are Evangelicals.  I am not glad they are buying into anti-capitalism.  I agree that many capitalists are guilty of evil.  I agree many have done evil in the name of Capitalism.  I agree that Capitalism as currently practiced by many can be a source of evil in the world, but that is because of human sin and the failure of personal moral character.  Greed and exploitation are not inherent in Capitalism as such.  It not only is not evil in itself, but it incorporates Biblical Principles more than any other economic system and Christians should value Capitalism and work to make it work, infusing it with love and the concept of service and stewardship which, of course, are also Biblical Principles.     Capitalism including Private Property, the Profit Motive and a Free Market are the best long range solution to Poverty that there is.  I respect Michael Novak's argument- "When serious people wish to create new wealth and to raise the poor out of poverty, they make sure to let capitalism do what it alone can do."



Written by Calvin Fox   
Friday, 10 May 2013 09:58

Here is a  long and very strong (astringent) article judging the State of America today.  I do not agree with a lot of it or with the style in which it is written, but it has a lot of heuristic value.

"Alas, we're living in the early, bewildering days of the demise of the American Empire, the beginning of the end of that obsession-compulsion known as the Amerian Dream. The reasons are clear, if often angrily denied: military hubris and over-extension; a stagnant monopoly capitalism with a bloated financial sector; a population on whom it's dawning that low-wage labor is their inexorable fate; ecological wreckage that can only be limited or repaired by cessation of growth.

"Don't expect any breadth or grandeur from the Empire's Christian divines. Across the board, the imperial chaplains exhibit the most obsequious deference to the Plutocracy, providing imprimaturs and singing hallelujahs for the civil religion of Chrapitalism: the lucrative merger of Christianity and capitalism, America's most enduring covenant theology. It's the core of "American exceptionalism," the sanctimonious and blood-spattered myth of providential anointment for global dominion. In the Chrapitalist gospel, the rich young man goes away richer, for God and Mammon have pooled their capital, formed a bi-theistic investment group, and laundered the money in baptismal fonts before parking it in offshore accounts. Chrapitalism has been America's distinctive and gilded contribution to religion and theology, a delusion that beloved community can be built on the foundations of capitalist property. As the American Empire wanes, so will its established religion; the erosion of Chrapitalism will generate a moral and spiritual maelstrom."


Written by Calvin Fox   
Wednesday, 20 February 2013 16:47

1. Stewardship comes first. The Creation or Cultural Mandate remains in effect and is to be taught and obeyed by the Church. It is understood that this still involves the care and cultivation of the entire earth and its resources- everything that sustains life and the economic processes that make that possible for all.

2. Sharing is to be the defining characteristic of life. See 1 Timothy 6:17. Money and Profit are to be vigorously pursued, but motivated by Ministry, not self-gratification. Compare stories of the Good Samaritan (Luke 10:30-35) and Prodigal Son (Luke 15:11-14, 18)

3. The extended Family is particularly the provenance of sharing. 1 Timothy 5:3 Here is the heart, the source, the well spring from which sharing flows. Note: Christians must be activists on behalf of the family, especially the extended family. This means the family is the primary care giver of its members who might become homeless or destitute due to tragedy, crisis or oppression. We must be pro-natalist, pro-elderly, pro-life in every sense, across the generations.

This would mean opposing trends in society, as well as government programs and legislation, that undermine extended and multi-generational families. I say “extended”, because that is far closer to the Biblical Family than either the contemporary (any combination of two or more people of any age living together) or Victorian (the nuclear combination of a married Dad and Mom and their two ? children) definitions of family.

Economic Cliff Notes PDF Print E-mail
Written by Calvin Fox   
Thursday, 06 December 2012 15:07

One of my favorite Economists and writer of good books and articles on the subject is Thomas Sowell.  Here is some of his practical analysis of the "Fiscal Cliff" debate about the "Rich" and their taxes.


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