Economics 101

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economics-101When He broke the third seal, I heard the third living creature saying, “Come.” I looked, and behold, a black horse; and he who sat on it had a pair of scales in his hand. And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.” Revelation 6:5-6

There is a joke I heard in my Economics 101 class. “If only there was a one armed economist… so they couldn’t say ‘on the other hand’… lol”. One of the real lessons in economics is the presupposition that ‘resources in the world are scarce – there is not an unlimited supply’. That’s the basis of supply-demand theories. Many believe the end times will be marked with economic imbalance and for many people scarce resources. While one person must work a full day for just enough food for that day, others would live in luxury without a care, enjoying ‘oil and wine’. While I believe we have always had economic imbalances, I wonder if its greater today and increasing in disparity? Jesus reminded us that we would always have the poor and the opportunity existed to meet their needs in His name.

Am I building a life of generosity so that God can work through my economic blessings?

God, thank you for meeting our needs and blessing us so richly. May I always have Your heart for the poor.

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