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Alex Chediak

Helping young adults thrive at college and beyond

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Economics For Everybody

June 5, 2012 by Alex Chediak

Ligonier Ministries and Compass Cinema have joined forces to put out an excellent 12-part video series entitled Economics For Everybody. The curricula will be available on August 15 for $45, but they’re currently pre-selling it for only $29.  The 12 video lessons (each approximately 20 minutes) come on two DVDs along with a study guide. I’ve viewed about six of the videos so far and think they’re excellent (though some may quibble about a detail here or there).

Here’s the trailer, followed by a description of each lesson.

1. And God Created Economics | Stewardship in God’s Image – What is Economics? – God’s Attributes & Actions – Man in God’s Image – Creation Mandate – Stewardship – Why Study Economics – Missionary Impact

2. The Economic Problem of Sin | Law, Liberty & Government – The Fall of Man & Scarcity – Impact of Fall on Stewardship & Work – Grace of Law – Economic Aspects of 10 Commandments – Civil Government – Liberty vs. Tyranny – Theology to Anthropology to Politics to Economics – Trade –

3. The Path from Work to Wealth | Production, Property & Tools – What is Wealth? – Principles That Lead to Wealth – Work – Production – Ownership & Private Property – Land, Labor & Capital – Savings & Capital Accumulation – Division of Labor – Tools – Mass Production – Lower Prices & Increased Purchasing Power

4. The Route From Scarcity to Plenty | Money, Markets & Trade – Famines, Scarcity & Prosperity – Value – Economic Demand – Markets – Free Trade – Money – Laws of Supply & Demand – Price – Marginal Utility – Impact on Prices – Greater Selection of Goods & Services at Lower Prices

5. The Role of the Entrepreneur | Capital, Calculation & Profit – What is an Entrepreneur? – Importance of Capital – Economic Calculation – Job Creation – Technology – Profit – Competition – Self-balancing Free Market

6. A Tale of Two Theologies, Part 1 | From God to Politics – Consequences of Economics – 19th-century England vs. 20th-century Soviet Union & Impact on Christianity – Comparison of Christianity vs. Atheism – Two Systems at War – Theologies – Anthropologies – Political Philosophies – Political Systems

7. A Tale of Two Theologies, Part 2 | Economic Philosophies & Systems – Comparison between Christian & Atheistic Economic Philosophies – Private vs. Public Ownership of Property – Free Market vs. Command & Control/Socialistic – Interventionism – Freedom & Growth of Christianity

8. Government Intervention | Basic Principles & Education – German Socialism in WWI – North Star Principle: Biblical Stewardship – Intervention & Stewardship – Areas of Interventionism – Quick History of U.S. & Economics – U.S. Educational Policy & Stewardship

9. The Two Mysteries of Monetary Policy | Inflation & Depressions – Two Mysteries: Devaluation of Dollar and The Great Depression – What is Money? – Government & Banks – Interest Rates – Federal Reserve – Inflation & Stealing – Interventionist Monetary Policy & Stewardship – Inflation leads to Boom & Bust Cycle – Influence of Central Bank – Great Depression – Govt Policies & Stewardship

10. The Welfare & Corporate States of America | The Costs of Redistribution – The Welfare State – Biblical View – Brief History – Problems of Intervention – Growth of Welfare State – Christian Questions – The Corporate State – Cronyism – Politics and Business – Government Spending – Government Taxation – Government Borrowing – Impact on Stewardship

11. Economics Has Consequences | The Real Effects of Sin – North & South Korea – Impact of Economics on Christianity – Sin & Economics – Socialism: Scarcity & Police State – Gradual Socialism/Interventionism: Nation of Rent Seekers – Regulation & Bureaucracy – Free Markets – Economics & Religious Freedom

12. Kingdom Economics – Genesis 3:15 & The Serpent – Moses & Slavery – Sack of Rome and Augustine’s City of God – Hitler’s Mein Kampf – Gradual Socialism & Christianity – Liberty & Economics – The Kingdom and the Future

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Filed Under: Culture, Practical Ministry

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Also by Alex

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With One Voice

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Praise for With One Voice

This relatively short book packs a powerful bang for the buck, providing much biblical and practical advice for young men and women seeking to glorify God in relationships.

Alex and Brett Harris
Best-selling authors of Do Hard Things

Alex and Marni Chediak offer sound biblical advice and a clear Christian framework for working through the maze of confusions surrounding modern marriage.

R. Albert Mohler, Jr., President
The Southern Baptist Theological Seminary

Publishers have been cranking out books with all sorts of directions to help Christians navigate the treacherous waters between the buoys of singleness and marriage, and I know of none that is more clear, concise and helpful than With One Voice.

J. Ligon Duncan, III Ph.D.
Senior Minister, First Presbyterian Church

With One Voice is clearly written and God-centered. Our eighteen year-old daughter just read it and restrained herself from underlining nearly the whole thing!

Dr. Bruce A. Ware
Professor of Christian Theology
The Southern Baptist Theological Seminary

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