Wednesday, November 15, 2006

My Fascination with Economics

For some reason I can't stop thinking and reading about economics. Not so much economics itself, but the philosophy of economics, if that is an accurate way to describe it. I have never actually studied economics, so I can't make this statement with complete confidence, but it seems safe to say that modern economics is shortsighted.

In the United States, we seem to have one of two choices. A) Keep government out of the economy so that people can accumulate limitless sums of wealth (if you are reading carefully you will catch the futility of such a pursuit) or B) Government involvement, a.k.a state-imposed virtue, ethics and morality under the credo of economic egalitarianism.

What if there is a third option; one that is properly ordered to human nature. Well, thanks to the Congregation for Clergy, we are again reminded that such an option does exist. Why isn't it used? As you near the end of the article, there is a hint: "We need a ‘moral culture’ to inform economic life."

Just a thought, but perhaps voting on moral issues has a much broader impact than our society realizes.

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