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Understand the Economy Better Than Most Economists

Do you tune out when the subject of economics comes up?

If you’re like most people you do.

That’s too bad, because economics affects everyone of us, and we all have a responsible place in the economy, too.

Since the 19th century, economics has been known as the “dismal science.”

It was first called that because it was forecasted that the growth in population would soon outstrip the food supply and bring about mass starvation.

Fortunately, this dismal prediction has not come true. But the reputation of economics as a dreary subject remains.

One reason for this is that the economy is viewed as a machine that can only be understood by experts. According to this thinking, all we can do is leave the economy to those at the highest levels of finance and government and hope they pull the right levers.

There’s no doubt most of the so-called “experts” themselves see the economy this way, as a machine under their control—and that’s why we have so much economic trouble today.

The economy is not a machine that can be manipulated by this infusion of cash over here or that tax over there. No, instead it’s an organic system that involves the free actions of individuals who are responsible before God to manage what He has entrusted to us as a stewardship from Him.

It’s only when we understand this and align ourselves accordingly that we can have any hope of recovering our fading liberty and prosperity.

And it’s for this reason I’m thankful for a new curriculum designed to teach ordinary people how economics really works.

RC sproul promoThe program is called Economics for Everybody by R.C. Sproul, Jr.

It’s hardly dreary. No, not at all. It’s an engaging, interesting, and highly relevant look at economics from a biblical perspective.

Who would think learning about economics could be so enjoyable?

I dare say, if you take in this material, you’ll know more than most economists.

That will put you in a good place, not just for your own personal economy, but also to help bring the kind of economic understading needed to the public at large.

I highly recommend the complete course, which is available at economicsforeverybody.com. Get a set for yourself and your family. And when you’re done, share it with others.

At the top of this post is a two hour abridged version to introduce you to the material.

Feb 7, 2013David
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