Tag Archives: economy

Economics and Morals

Economics is defined as “the study of the use of scarce resources which have alternative uses” (Definition by Lionel Robbins quoted by Thomas Sowell, Basic Economics, p. 2). “What does ‘scarce’ mean? It means that what everybody wants adds up … Continue reading

Posted in Ethics, Money, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ethics: Government and Citizenship (Part 5)

America is rare. Few countries in the history of the world have afforded so much opportunity to its citizens to select its leaders. This brings much responsibility. It is said that a lady asked Benjamin Franklin “Well, Doctor, what have … Continue reading

Posted in Ethics, Government, stewardship | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment