I’d like to see an economics debate between Todd and Gary North.
Praise of Folly
his paper will attempt to deal with an often under-discussed and misunderstood extension of the principle of Christian stewardship: Economics. Modern American Christians seem to espouse, whether implicitly or explicitly, one of three views on economics: 1) Laissez-faire Capitalism; 2) “Crony” Capitalism or 3) Socialism. Each of these economic models take modern economic systems and grafts Christianity onto them. They start with something else first and then add the Bible to it rather than grounding the systems upon the Bible itself. As in all world and life issues, the Christian is ought to ask first: What does the Bible say about this matter?
This paper is not exhaustive, as I have not dealt with all the possible formulations of Christian economics. Rather, I intend to bring central ideas to the reader’s attention and attempt to organize my thoughts on a hypothetical Christian economic order. In this paper, there are three main topics that I intend to cover: 1) Usury, 2) Distrubutism, and 3) Socialism. For transparency, I would like to inform the reader that I reject the first, have a qualified support for the second, and totally reject the third.