Ignorance & Economics -- Churches in Britain are having a change of heart about free enterprise:
Britain’s churches are to announce a pre-election conversion by declaring for the first time they are in favour of wealth creation.
Until now they have been seen as deeply suspicious of free market economics, arguing for strong state intervention against debt and poverty rather than entrepreneurship. But a pre-general election report for Christians to be launched later this month says making money is good.
I’m always amazed at how completely ignorant some people can be about economics. If they were against wealth creation where did these churches think the government was getting the money from? Someone had to create the wealth that filled the state’s coffers. Did they think gold just filled the moors like manna from heaven? Perhaps the Church of England should require a class on basic economics in seminary. After all, as Margaret Thatcher once noted, “no one would remember the Good Samaritan if he only had good intentions. He had money as well”.
Tuesday, February 08, 2005
It Doesn't Grow On Trees
Evangelical Outpost has a nice quick blurb on the economic ignorance of many of the clergy.