Dave Arnott and guests discuss Christian economics, conservative economics and how they relate to current events.
Paying People Not to Work
#95 Paying People Not to Work Paying people not to work is not Biblical nor is it economically sustainable. The Good Samaritan story tells us how to care for those who can’t care for themselves. “They pretend to pay us and we pretend to work,” is a jocular phrase I picked up in Russia. …
Public Ownership & Scarcity Part II
#92 Public Ownership and Scarcity Part II Humans are a part of God’s natural creation. Christian economics care how global warming affects them. Does private or public ownership care for scarce resources more effectively? Global Warming Oh, I’ve tried to stay away from this topic, because it’s so hard to get reliable data. I “Put my…
Public Ownership & Scarcity Part I
#92 Public Ownership and Scarcity Part I Private ownership sustains assets more securely and distributes them more fairly than public ownership. At the risk of sounding like a “summer camp report,” this podcast takes most of its information from an Alaskan cruise that was an MBA graduation gift for my wife, Ginger. Limit the Supply…
The Chicken or the Egg
#91 Chicken or the Egg God the Creator could choose which came first. In economics, the supply (egg) must come first. Something from Something I have repeated this phrase so many times, but I keep repeating it because people just don’t listen. The government has no money. It must take money from its populace. There…
Equality or Equity
#90 Equality or Equity? Christians believe in equality of opportunity, not equity of outcomes. This comes from our belief about salvation. The inherent vice of Capitalism is the unequal sharing of blessings. The Inherent virtue of Socialism is the equal sharing of miseries. Winston Churchill Here’s the difference between equality and equity. Equality means equal opportunity. …
Antitrust and the Fallen Nature
#89 Antitrust and the Fallen Nature Monopolists are fallen, so there must be governmental control. Antitrust activity should be controlled by the behavior of firms, because that exercises less power than controlling the potential for monopoly. A couple times each semester, I tell my students, “You might want to turn on your recording device because…
Dr. Arnott doesn’t simply describe what is wrong with contemporary American society, rather, he presents core economic ideas pointing the way to potential solutions to our country’s big challenges. The episodes are succinct yet compelling. Highly recommended!
Dr. Arnott was also a professor of mine at DBU. I love listening to his podcast. Maybe sometimes I don’t understand or agree with what he says but I trust everything he says. After all he’s the Dr. not me.
Dr. Arnott was one of my favorite professors at DBU and this podcast is just a little piece of his classroom. His delivery of information allows the listener to process in a way that makes sense. He is brilliant and so insightful. PLEASE MAKE MORE!