Charity is Inversely Proportional to Wealth

Andy Crouch, executive editor of Christianity Today, posted this on twitter:This is apparently a slide from a talk he gave for Thrivent Financial. It shows that, in 2003, the percentage of income that Americans claimed as charitable deductions decreased as individual incomes rose.Interesting. Daniel Silliman considers some explanations:According to Giving USA, the number one reason rich people say they don't give more is that they don't believe their money will be used wisely. … [Read more...]

Build Your Own Utopia

Over the past century, there have been a number of attempts by libertarians to create their own nation. The most famous was the Republic of Minerva, when the real estate millionare Michael Oliver turned a reef into an artifical island and attempted to create a nation with no taxation or subsidies. It was scuttled by the nation of Tonga, which didn't take well to this new nation forming so close to them.More recently, Peter Thiel, the founder of PayPal and major backer for Ron Paul, has … [Read more...]

Faith Based Economics

From USA Today, a story of a new Baylor Religion Survey:About one in five Americans combine a view of God as actively engaged in daily workings of the world with an economic conservative view that opposes government regulation and champions the free market as a matter of faith."They say the invisible hand of the free market is really God at work," says sociologist Paul Froese, co-author of the Baylor Religion Survey, released today by Baylor University in Waco, Texas."They think the … [Read more...]

Exorcising the Demons of Greed

I usually laugh at the whole idea of exorcisms, but here's one I can get behind. From The Consumerist:A group of clergy gathered together on the steps of JP Morgan Chase on Park Ave in New York City to perform an exorcism on the bank. They said that the bank was possessed by the demons of "selfishness and avarice" because according to the group's new study, only 6% of New York homeowners seeking a loan mod have gotten it in the past year. The exorcism happens at 0:57. No satanic spirits fly … [Read more...]

Proof-texting Dr. King

There’s been a lot of talk about how Glenn Beck and the conservative movement in general have tried to associate themselves with Dr. Martin Luther King Jr.One thing that struck me was how many of the conservatives seemed to be getting their entire understanding of Dr. King from his "I have a Dream" speech. But this was probably the most optimistic of King's speeches. They ignore all the rest of Dr. King's speeches, and the rest of what he worked for. They’re very good at recognizing the col … [Read more...]