Mark Whitehouse reported in the September 25th issue of the Wall Street Journal that the living standards of average Americans will have to be adjusted downward in coming years because a larger share of our national debt is going to debt-service. He writes,

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It is one thing to create wealth by using our gifts. This is a matter of knowledge. It is quite a different thing to know what to do with the wealth that has been created. That is where wisdom comes into the picture. Rev. Zandstra, a Senior Fellow with the Acton Institute, examines Warren Buffett’s recent gift of $31 billion to the Bill and Melinda Gates Foundation and offers words of hope that the Gates Foundation can use this wealth with wisdom, making a difference in the lives of those they seek to help.

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Ron Sider, The Scandal Of The Evangelical Conscience: Why Are Christians Living Just Like The Rest Of The World? (Grand Rapids: Baker Books, 2005), 144 pp.

“Summing Up Sider’s Legacy”

Ron Sider’s recent book, The Scandal of the Evangelical Conscience, is a noteworthy achievement. One the one hand, it represents an almost complete shift away from left-leaning government-oriented solutions to social and economic problems that characterize the first edition of his popular Rich Christians in an Age of Hunger. This movement had already become apparent by the time Sider released the twentieth anniversary edition of Rich Christians, in which he embraced increased access to markets and capital investment as necessary components of solutions to global poverty. In Scandal, Sider explicitly acknowledges this perspective, as he writes of “the stunning success of market economies in producing ever-greater material abundance.”

Sider is thus able to recognize the basic goodness of creation: “Historic Christianity has been profoundly materialistic. The created world is good. God wants us to create wealth and delight in the bounty of the material world.” A key part of Sider’s project is to properly and relatively value the material and temporal in light of the spiritual and eternal. Thus he rightly notes that “historic Christianity also placed firm boundaries on this materialism. Nothing, not even the whole material world, matters as much as one’s relationship with God.” Read more on Book Review: The Scandal Of The Evangelical Conscience…

When I was in college, living in the dorms, friends of mine would play a game called bigger and better. In this game, they would take an object–something that they owned–and trade it up for something that was worth a bit more to them, but worth a bit less to the person that they were trading with.

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The Jesuit journal In All Things devoted its Winter 2005-06 issue to the question of poverty in the United States. The issue brings together a number of perspectives from Jesuits, both liberal and conservative. The Rev. James V. Schall, S. J., contributed an article titled “On Weath and Poverty,” one which the journal editors have described thematically as “choosing not to be poor.”

Here is Schall’s article in its entirety:

The most famous book in economics is The “Wealth” of Nations, not The “Poverty” of Nations. Yet, Christ says, the “poor” will always be with us. Not a few still are. No one needs to learn to be poor. It is easy. Do not make, develop, invent, or concoct anything productive. Someone had to invent the wheel, plumbing, tooth brushes, hybrid corn, and computers The question of poverty implies “how not to be poor.” Unless we talk about the latter question, it is useless to talk about the former one. If we do not know how to produce wealth or if we choose not to learn or effect those things that actually work to produce it, we will be poor. We will likewise make or keep others poor. Not all “good” ideas work for the good. Read more on Schall on Wealth and Poverty…

“The political left in America is emerging victorious,” writes Patrick Chisholm, and its true because “the era of big government is far from over. Trends are decidedly in favor of that quintessential leftist goal: massive redistribution of wealth.”

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