Saturday, March 23, 2013

How Come We're So Rich?

That is the question Gary North sought to answer presenting this year's Lou Church Memorial Lecture on Religion and Economics at the 2013 Austrian Economics Research Conference. He hypothesizes that the cause of the industrial revolution was three fold: a change in ethics that began to see commercial activity in a positive light, an optimistic, post-millennial eschatology, and a Smithian link between self-interest and productively serving other people.

1 comment:

  1. Jesus Christ has been operating at the helm of the economy of God, Ephesians, 1:10, to produce The Modern Economy; he worked beginning in the late 1700s, to develop both the British Empire, and later the US, as two iron legs of global hegemony presented in the Statue of Empires seen in Daniel 2:25-45.

    Furthermore, Jesus Christ worked to bring forth both ethics and post millennialist eschatology, so that money, that is wealth, could become what it is today.

    And Jesus, is completing the Age of Fiat Wealth, where investment choice ruled supreme; and is bringing forth the Age of Diktat, where diktat reigns supreme in ten zones of fascist regional governance, debt servitude, and totalitarian collectivism, as seen in bible prophecy of Revelation 13:1-4.

    Jesus Christ desires that one be motivated by Him as one’s life, Colossians 3:2-4, and by Him being one’s all inclusive live experience, Colossians 3:11, whereby one keeps Christ’s Word and does not deny His Name, Revelation 3:9.