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Affluent Christian Investor | January 16, 2021

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Posts ByRoger McKinney, Author at Affluent Christian Investor

January 7, 2021 |

Hillbilly Elegy Economics Lesson: Culture Matters

Netflix’s adaptation of J. D. Vance’s autobiography, Hillbilly Elegy: A Memoir of a Family and Culture in Crisis, is more than a rags-to-riches story. It dramatizes one the most important points in economics. For those unfamiliar with it, the summary from … Read More

December 15, 2020 |

Socialism: The Road-To-Hell Paving Company

“Uncle Joe” Biden promised to revive the Paris climate accord in spite of the fact that the agreement would accomplish little. Dr. Robert Murphy wrote of the accord, “The only reason so many countries signed up for Paris is that … Read More

November 25, 2020 |

Profits Are A Blessing, Not A Curse

Soon after earning a BA, I got a job at Cities Service Company in Tulsa, dead since 1986 but at the time the 12th largest oil company in the world. Then I met a friend from college, and when I … Read More

November 19, 2020 |

Can Dog-Eat-Dog Capitalism Exist?

In a faceoff with lawyer and writer David French, Yale theologian Miroslav Volf said, “There are no effective replacements for capitalism. The question is, what is the Christian responsibility for the proper functioning of it, and to what extent can we … Read More

November 3, 2020 |

Should Christians Follow Grudem’s Or Piper’s Advice On Voting?

Wayne Grudem and John Piper, both giants among evangelical Christians, disagree on how to vote in this election and their exchange shows the tone Christians should take in responding to clashing ideas. Piper has chosen not to vote. Grudem summarizes his … Read More

October 29, 2020 |

We Have Nothing To Fear From China

China scares people. American Compass has a section dedicated to fearing China. Recently, David Goldman came out with a new book that promotes the same fear: ‘You Will Be Assimilated: China’s Plan to Sino-Form the World’. That’s a great title. For … Read More

October 20, 2020 |

Reforming Capitalism Leads To Socialism

A professor of business and public policy at the University of Oxford asked in a recent article published in Forbes, Why do attempts at reforming capitalism fail?. The author gets many things wrong because he has learned only mainstream economics. For … Read More

October 5, 2020 |

Socialists’ Attack On “Greed” Is Really Concealed Envy

Gordon Gekko in the motion picture Wall Street regurgitated what socialists have been saying for a century: capitalism is based on greed. Here is part of his monologue:

The point is, ladies and gentleman, that greed — for lack of a better … Read More

September 28, 2020 |

The U.S. Is Not Capitalist

Is the US the vanguard of capitalism for the world? Is the US even capitalist? For most media pundits the answer is obvious: Yes! Everyone knows that! After all, the U.S. has always ranked high on the indexes of … Read More

September 17, 2020 |

Democrats Willing To Kill 90,000 COVID Patients To Discredit Trump

The number of patients who have died from the COVID-19 virus will have topped 175,000 by the time you read this. A vaccine is at least a year away. So far, the only treatment approved by the FDA and … Read More

August 28, 2020 |

How Capitalism Suppresses Greed

Mention capitalism and the average person will fire back with, “What about greed?” They assume that capitalism is founded on greed and couldn’t survive without it, or that it rewards greed so that people are much greedier under capitalism than … Read More

August 5, 2020 |

Why Are People Still Socialists?

As Democrat politicians across the country from mayors to Congressmen and Senators openly demand socialism for the U.S., capitalists should wonder why free market economics hasn’t survived the onslaught of socialism for the past 150 years? Laissez-faire reigned in the … Read More

July 29, 2020 |

Even Angels Couldn’t Make Socialism Work

Before the collapse of the USSR, Russian workers would say, “We pretend to work and the government pretends to pay us.” Today, people who favor free markets often say that socialism would work if humans were angels, pointing to the … Read More

July 13, 2020 |

The Left Sells Socialism With Race

Read the history of the early days of socialism in Hayek’s masterpiece, The Counter-revolution in Science, and you’ll notice that socialism began life as a substitute for Christianity. They offered their own version of the doctrine of original sin: people … Read More

July 7, 2020 |

Hey, Disney, Hamilton Betrayed His Wife And His Country

Lin-Manuel Miranda’s wildly successful Broadway musical Hamilton would embark on its fourth tour this fall had the virus not canceled it. Instead, a video version will begin airing on Disney+. It helps to appreciate the magnitude of Miranda’s accomplishment to know that … Read More

July 1, 2020 |

Tulsa Race Massacre Reveals Resilience Of Black Entrepreneurs

President Trump’s recent rally in Tulsa didn’t attract the expected crowd, but it was a good one. There was no violence and the President was at his best. One of the best things to come out of the event was … Read More

June 5, 2020 |

National Conservatism Will Lead Us To Greater Socialism

American Compass is the new “think” tank created by the National Conservative movement to persuade voters to adopt socialist economic policies. A recent article, Planning for when the market cannot, attacks the great Austrian economist F.A. Hayek and his explanation of … Read More

May 18, 2020 |

National Conservatism Will Lead Us To Greater Socialism

American Compass is the new “think” tank created by the National Conservative movement to persuade voters to adopt socialist economic policies. A recent article, Planning for when the market cannot, attacks the great Austrian economist F.A. Hayek and his explanation of … Read More

May 14, 2020 |

Are We Headed For Inflation, Deflation, Or Stagnation?

With the historic collapse of oil prices and glutted tankers sloshing around off the coast of Los Angeles, some forecasters are predicting deflation as far as they can see. They tend to believe that shocks to supplies cause inflation or … Read More

April 29, 2020 |

Christianity Today Editor Hard On Trump Voters, Easy On Adulterous Theologian

The theology of economics from the time of Christ to today shows that from the 2nd century to the 16th, theologians followed pagan writers such as Aristotle and Cicero who saw commerce as one of the world’s worst evils. From … Read More

April 20, 2020 |

The Economy Cannot Be Stopped And Restarted Like A Machine

Socialists in the US have demanded that President Trump switch off the economy until the virus plague has passed and then switch it back on as if it were a car engine. The recent bounce by the stock market … Read More

April 17, 2020 |

Should Business Managers Consider Stakeholders?

Recently the Chicago Booth school of management asked leading economists to agree or disagree with this statement: Having companies run to maximize shareholder value creates significant negative externalities for workers and communities. The questionnaire was prompted by a statement from the Business Roundtable … Read More

April 7, 2020 |

Tlaib’s Trillion Dollar Coin Hoax

Michigan Democrat Rep. Rashida Tlaib has sponsored the “Automatic BOOST to Communities Act” because she thinks she has stumbled upon a novel idea to stimulate economic recovery from the effects of the Chinese virus. According to Dr. George Selgin,

The BOOST Act’s … Read More

March 12, 2020 |

What Would Jesus Say About Inequality?

How you answer the question “What would Jesus say about inequality?” depends on how you define the “words of Jesus.” Many “scholars” limit them to no more than “Love your neighbor as yourself.” Others include only the quotations in the … Read More

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