Stewardship and economics: two sides of the same coin
Religion & Liberty Online

Stewardship and economics: two sides of the same coin

In yesterday’s Acton Commentary, I argued that the biblical foundation for the concepts of stewardship and economics should lead us to see them as united. In this sense I wrote, “Economics can be understood as the theoretical side of stewardship, and stewardship can be understood as the practical side of economics.” I also defined economics as “the thoughtful ordering of the material resources of a household or social unit toward the self-identified good end” and said that the discipline “helps us rightly order our stewardship.”

Within the context of environmental stewardship in particular, I concluded that economics should play a key role in defining public policy. This is becoming a more pressing issue as a number of evangelical and religious leaders around the world are endorsing specific policy initiatives to combat global warming.

Following the formation of the Evangelical Climate Initiative by a number of prominent evangelical leaders in the United States, general secretary of the World Council of Churches Rev. Samuel Kobia said yesterday, “Just as atomic weapons changed the very way we thought about life, so too the potential of major climatic changes put life as we know it in danger” He said this while emphasizing that all religious people should “speak with one voice” about climate change.

My brief commentary outlined some reasons why Christians may have differing opinions on this point. And Chuck Colson’s BreakPoint feature, “Evangelical Activism,” details some of the other aspects of the debate.

“Now, we all have a stewardship responsibility for God’s creation, but we also have responsibility for God’s creatures. Balancing those interests requires prudence,” he writes. On issues of prudential wisdom, Christians on both sides of a debate may well have good reasons to disagree. Check out his commentary for links to a number of pertinent resources.

Jordan J. Ballor

Jordan J. Ballor (Dr. theol., University of Zurich; Ph.D., Calvin Theological Seminary) is director of research at the Center for Religion, Culture & Democracy, an initiative of the First Liberty Institute. He has previously held research positions at the Acton Institute and Vrije Universiteit Amsterdam, and has authored multiple books, including a forthcoming introduction to the public theology of Abraham Kuyper. Working with Lexham Press, he served as a general editor for the 12 volume Abraham Kuyper Collected Works in Public Theology series, and his research can be found in publications including Journal of Markets & Morality, Journal of Religion, Scottish Journal of Theology, Reformation & Renaissance Review, Journal of the History of Economic Thought, Faith & Economics, and Calvin Theological Journal. He is also associate director of the Junius Institute for Digital Reformation Research at Calvin Theological Seminary and the Henry Institute for the Study of Christianity & Politics at Calvin University.