Economics

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Strengthen your grasp on economic and financial issues

August 1st, 2014

Making Money: Get What You’re Worth Without Guilt

The prospective client asked, “How much do you charge?” I could answer this; I’d practiced and prayed about it. Though my heart beat wildly and my hands felt clammy, I opened my mouth to give a confident response. Suddenly, I blurted out a number so low it surprised even me—in an...

Channel(s): Doing Your Job, Economics
via Bill Peel
May 1st, 2014

High ROI for LeTourneau University

Congratulations to LeTourneau University for ranking 5th among all Texas universities for Return on Investment, as reported in the Houston Business Journal. LeTourneau ranked 2nd among private schools. A recent Wall Street Journal article, "Elite Colleges Don't Buy Happiness for Graduates...

via Bill Peel
January 27th, 2014

If I Had a Billion Dollars

Ten years ago The Externally Focused Church by Rick Rusaw and Eric Swanson awakened Christians to the fact that most communities wouldn’t notice if local churches disappeared.  The book played a huge role in rebirthing gospel-motivated social consciousness among evangelicals. ...

October 15th, 2013

The Heart of Business: Solomon's Wisdom for Success in Any Economy

Become an excellent employer while running an effective business. The Heart of Business by Raymond H. Harris, focuses on the business wisdom found in Proverbs that is vital to personal and professional success. Written specifically to young executives, this study is divided into four easy-...

via Acton
August 29th, 2013

5 Things Craigslist Teaches Us about the Beauty of Trade

Daily tools like pencils and smartphones don’t just appear out of thin air. Bottom-up trading tools like Craigslist serve a bigger purpose than ridding our attics of stinky old mattresses. There’s something special about hum-drum personal exchange that reacquaints our economic imaginations...

Channel(s): Doing Your Job, Economics
via Atlantic
April 6th, 2013

Trader Joe's Lesson: How to Pay a Living Wage and Still Make Money in Retail

Unlike many retail giants, QuikTrip, Trader Joe's, and Costco see their employees as an asset to be maximized, not an expense to be minimized. According to a recent article in The Atlantic by Sophie Quinton, "As a result, their stores boast better operational efficiency and customer service...

March 2nd, 2013

How Do We Set Just Prices?

Are there Biblical principles for setting market prices? Dr. Anne Bradley explains the economics of price-setting and Biblical guidelines to consider.

February 18th, 2013

The Wealth of Nations Depends on the Health of Families

Intact families who are united in worship through their community of belief and send their children to schools that inculcate those values and beliefs, produce the best citizens for the polis and the common good. This article from the Witherspoon Institute explains why our society...

Channel(s): Economics
October 15th, 2012

10 Things You Didn't Know about Africa's Economy

As more Christians consider Business as Mission a viable way to spread the gospel, Susan Lund of McKinsey Global outlines several economic advantages.  If Lund is correct, Christian business leaders have a tremendous opportunity to decrease poverty, increase their bottom line, and further...

October 15th, 2012

A Moral Case for Free Enterprise

Business is a moral enterprise -- something R.G. LeTourneau, American industrialist and LeTourneau University founder, strongly believed. In a video interview, Arthur Brooks of the American Enterprise Institute makes a compelling case for the moral value of free enterprise.