How and why the economy works — in 3 minutes
Acton Institute Powerblog

How and why the economy works — in 3 minutes

How did the economy begin? ErikaGrace Davies and Antony Davies posit one theory, “At some point in our distant past, a human who had food met another who had a spear. The two exchanged, and departed better off than when they met.”

I prefer a different version of this story — one that starts with Genesis 4:2b — but the outcome is the same: the economy started when mankind discovered specialization and trade.

Joe Carter

Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).