Posts tagged with: religion

How much value does religion add to the U.S. economy? According to a new study the effect of religion exceeds the revenue of the ten largest tech companies—including Apple, Google, Amazon, and Facebook combined.

The study, recently published in the Interdisciplinary Journal of Research on Religion, provides three estimates of the value of faith to U.S. society. The first and most conservative estimate takes into account only the revenues of faith-based organizations falling into several sectors (education, healthcare, local congregational activities, charities, media, and food). The second estimate takes into account the fair market value of congregational social services and contribution of businesses with religious roots. Their third, higher-end estimate based on the annual household incomes of America’s religiously affiliated population.

By their most conservative estimate, the economic contribution of the religion sector to the U.S. society is roughly $378 billion a year: healthcare ($161.0 billion), local congregational activities ($83.8 billion), education ($74.0 billion), charities ($44.3 billion), media ($0.9 billion), and food ($14.4 billion).

At ERLC, I have more more on this study and how they determined how religion affects the economy.

Some recent headlines:

This certainly sounds bad. Why the recent flurry of these stories? Well, all of them reference a recent survey by the Pew Research Center. By “recent,” I mean it was published November 3. So more than a month ago.

There is a real trend of religious decline among Millennials. As the Pew study notes,

The share of older Millennials who say they seldom or never attend religious services has risen by 9 percentage points. And the share of older Millennials who say they seldom or never pray has risen by 6 points, as has the share who say religion is “not too” or “not at all” important in their lives.

However, I suspect the appeal of these news stories, published long after the survey they are based on, is that they tap into the fears of older generations that they are “losing the youth.” The reality is a bit more varied — and hopeful — to me. (more…)

Blog author: jballor
Friday, December 4, 2015
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Albrecht Dürer - Praying Hands, 1508 - Google Art ProjectThis is just a brief note, a cohortative: Let us pray!

For those tempted to disdain prayer in favor of work in alleviating the ills of the world, I recommend C.S. Lewis’ essay, “Work and Prayer.” There he writes, among other things, “Prayers are not always—in the crude, factual sense of the world—’granted’. This is not because prayer is a weaker kind of causality, but because it is a stronger kind.”

From of old prayer has been recognized, in John Calvin’s words, as “the chief exercise of faith,” and the means “by which we daily receive God’s benefits.”

Denunciation of prayer is a call to atheism; lack of prayer is a form of practical atheism.

For more on work and prayer, check out this commentary on the parable of the lost coin, lost sheep, and lost son.

left v. rightIn today’s American Spectator, Acton’s Director of Research Samuel Gregg notes that left-wing politicians, supporters of socialism, and social engineers seem to have taken over – not just in American politics, but globally. Why? Gregg suggests three reasons:

One abiding cause of the left’s on-going ascendency, I’d suggest, is that the visible weakening of orthodox religion throughout the West. As the 20th century Jesuit theologian Henri de Lubac observed, liberalized forms of Judaism and Christianity don’t involve abandonment of a desire for the transcendent. Man, he claimed, remains homo religiosus. The yearning for the eschaton subsequently gets channeled by liberal religion into the pursuit of this-worldly commitments …

A second enduring dynamic that’s boosting the left’s forward-march, and which is perhaps even less curable by policy-changes. It is, in a word, democracy. (more…)

The Fall 2015 Acton Lecture Series kicked off on September 17 with an address from Donald Devine, Senior Scholar at the Fund for American Studies, and formerly – and most famously – Ronald Reagan’s Director of the Office of Personnel Management, where he earned the nickname “Reagan’s Terrible Swift Sword of the Bureaucracy” from the Washington Post. These days, he spends his time traveling around the country teaching Constitutional Leadership Seminars, and working hard to save the marriage between libertarianism and traditionalism, which he argues is the basis for America’s greatness.

You can view Devine’s presentation below, and be sure to register for upcoming Acton Lecture Series events. They’ll be filling up fast!

Acton’s Director of Research Samuel Gregg made an appearance over the weekend on the Real Clear Radio Hour with Bill Frezza to discuss the relationship between economic and religious liberty, and the role that a Christian worldview plays in building the type of world that prefigures the Christian idea of the next life.

The interview runs for 25 minutes, and you can listen to it via the audio player below.

Alexis_de_tocqueville_croppedWhat is social justice? Is it a vision of a perfectly just society? Is it an ideal set of government policies? Is it a particular theory or practice? Is it a virtue? A religious concept? A social arrangement?

In a lecture at Acton University on his forthcoming book, Social Justice: What It Is, What It Isn’t, Michael Novak sought to answer some these questions with a particular framework around intermediary institutions.

Offering a broad survey of the term’s origins, history, and modern use and application, Novak countered modern misconceptions of social justice (e.g. as another word for equality), and sought to outline a definition that’s (1) connected to the original understanding, (2) ideologically neutral, and (3) applicable to current circumstances.

Leaning first on Pope Leo XIII for an original understanding, he proceeded to channel Alexis de Tocqueville, describing social justice in terms of our activity in basic, day-to-day associations. This begins with religion, of course, which “dominates our hearts,” he said, without the support of the state, and in turn, transforms our orientations and imaginations toward citizens, institutions, and law. With this as the basic order of things, social justice begins when the individual rightly understands his relation to God, and proceeds to engage with civilization accordingly. (more…)