Tag: Economics

Is there a role for the Church in the financial panic?

Most clergy are not trained in economics. And the last thing the country needs is well-intentioned moralistic advice from poorly-informed people. (See Sentamu, John.) Yet as the financial crisis in the United States deepens, it seems peculiar that neither the Christian left nor the Christian right has had much to say about the ideas and behaviors that brought about our financial panic. Greed isn’t great. But is that the best we have to offer?

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Greed as a sin in the modern world

Economics has given us a lot of better words, from self-interest to incentive to profit. They do not mean the same thing as greed, but they have displaced it, obscured it — and certainly demoted it from being a deadly sin.

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The Episcopal Church: excelling in irrelevance?

The church stands unprepared to deal with economic hard times; it spends unconscionable amounts of money and human resources on propping up failing congregations that have no sense of mission; it eschews any prophetic stance against a corrupt government and a moribund Congress; and it seems to have no sensitivity to the plight of its own members.

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Faith and Wall Street, continued

Over the weekend we heard from Christianity Today about the phenomenon of people on Wall Street turning to God because of market volatility. Today we have a piece from Reuters that spotlights Trinity Church Wall Street, the Episcopal church so close to Ground Zero, among others. Observations included more people coming to services, more of them wearing business suits to lunchtime services, and among regular worshippers, “more strained faces” according to a nearby synagogue.

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Jesus Economics

The Church has the authority to preach Jesus economics in the churches of Appalachia.” We also have the authority to preach this economics in our cities and suburbs. We should take it to the streets, and proclaim it, by word and example, in town and country alike. The Reign of God preached by Jesus has social implications. In it, the first are last and the last are first.

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It’s the end of the world as we know it?

Anxiously scanning the Business section of The New York Times on Sunday, I came across … “For those who need a little bit of levity on a tense day, we present some mood music.” If you clicked on the video box below, a song began to play, its lyrics flashing on the screen in various colors: REM’s “It’s the End of the World as We Know It.”

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