Showing posts with label limited resources. Show all posts
Showing posts with label limited resources. Show all posts

Tuesday, December 23, 2014

ECONOMICS of the INTERIOR Part 2: SOME CHARACTERISTICS OF GOD'S ECONOMY

Founder, Project C.U.R.E.
Author, The Happiest Man in the World: Life Lessons from a Cultural Economist


Throughout my reading assignment regarding God’s economy I noticed the reappearing of some interesting economic characteristics. Consistently, the model of the economic system in the ancient Scriptures elevated the individual above the collective, and it revered the law and goodness above raw power. Moral standards trumped oppression; integrity and perseverance proved to be stronger than brute force or skullduggery in the end.

Other characteristics that seemed to continually recur were a call for personal responsibility and accountability, a promotion of fairness, frugality, production, and a conscionable work ethic.

At all times the power of individual choice was emphasized and discrimination was frowned upon. Respect was one of the underlying characteristics, whether it was the respect required for all of God’s creations or the presumed respect for the phenomenon of time, and the relative shortness of a person’s life.

There was, in addition, an expectation that the participants in the economic model would strive to make things better while they were involved in the system, and that they would hold in high esteem the elements of wisdom and knowledge. I was impressed that there was an emphasis on society and even governments punishing wrong and encouraging good.

Especially in the Gospels, economics of the interior appeared to be almost counter-intuitive at times and mostly up-side-down in logic. This is particularly true in the Sermon on the Mount. Instead of a person being concerned with activities of getting, it placed a premium on the behavior of giving. Instead of an emphasis on accumulation, it was concerned with relinquishment. Instead of consumption, it emphasized stewardship. That is counter-intuitive and up-side-down logic!

I think it is fair to say that, usually, economic models of a society are largely designed with group behavior in mind. The economic system of the interior deals more with the innate value system and behavior of the individual who, coincidentally, finds herself or himself actively involved in a society.

In addition to the above listed characteristics of an economic system of the interior, I would like to pull out and discuss six additional characteristics that we will refer to as principles of God’s economy. This list is in no way an exclusive list.

Principle # 1: God Has Given

If God has an economy, this characteristic would certainly be the most unique. All other economic models are based on the economic trilogy known as Scarcity, Choice, and Cost. It is assumed that all things are in limited supply, because all those supplies have alternative uses. Humans are presumed to have unlimited needs and desires. There is no way that all those desires can be met by the limited supply. It is, therefore, absolutely necessary that choices be made as to which needs and desires will be satisfied by the limited supply.

The real cost of making a decision as to which limited item will be used to satisfy the chosen need or desire has nothing to do with money or wealth. The real cost comes in the foregoing of the next highest need or desire that is forfeited. You decided to use the item or commodity on procuring the one good or service at the expense of not being able to procure your next highest desire. You, therefore, lost the opportunity to use that supply to meet another need or desire. That is known as opportunity cost. That is the reason that some people through the years have referred to economics as the science or study of making good choices. How can you make better decisions in determining which limited resource should be used for which need?

So, from whence did all those resources come . . . in the first place? My research found that there was no hesitation in the Holy Scriptures when it came to answering that question: 
. . . Everything in the heavens and earth is yours, O Lord, and this is your kingdom. We adore you as being in control of everything . . . Everything we have has come from you, and we only give you what is yours already! For we are here for but a moment, strangers in the land as our fathers were before us; our days on earth are like a shadow, gone so soon, without a trace. O Lord our God, all of this material that we have gathered to build a temple for your holy name comes from you! It all belongs to you! (1 Chronicles 29: 11-16 TLB)
Everything that exists came from the hand of God. Everything that I have has come to me as a direct gift from God or is a by-product of a gift exchange. Nothing exists that did not come from God.
The earth belongs to God! Everything in all the world is his! (Psalm 24:1TLB)
The balance of the entire economic system of the interior rests upon that factor. He never requires anything of his participants that He has not already given to them. In God’s economy there is no such thing as successfully cheating or robbing, because when the participants finally get through playing their greed-games with earth’s possessions, God ultimately reassumes and repossesses all the stuff.
O Lord, what a variety you have made! And in wisdom you have made them all! The earth is full of your riches. There before me lies the mighty ocean, teeming with life of every kind, both great and small. And look! See the ships! And over there, the whale you made to play in the sea. Every one of these depends on you to give them daily food. You supply it, and they gather it. You open wide your hand to feed them and they are satisfied with your bountiful provision. (Psalm 104:24-28 TLB)
God is the source; everything else is a resource in the economics of the interior. That is what prompted me to consider that the whole model is counter-intuitive and a bit up-side-down.

Since everything has always belonged to God, it is impossible for you to try to influence or bribe God by giving something to him first. But by giving first, God has set into motion the expectation for the participants in the model to join him in his giving and, likewise, give from their inventories to the needs of others whenever he so prompts or requests. That is called obedience.

If God is the source, then the whole paradigm of scarcity, choice, and cost must be revisited. Is that whole concept a ploy of political manipulation? How should we respond if there is truly no such thing as scarcity? Should not our real concentration then focus on abundance and allocation rather than accumulation and hoarding?

Next Week: More Economic Possibilities

(Research ideas from Dr. Jackson’s new writing project on Cultural Economics)

© Dr. James W. Jackson   
Permissions granted by Winston-Crown Publishing House
  
Dr. James W. Jackson often describes himself as "The Happiest Man in the World." A successful businessman, award-winning author and humanitarian, Jackson is also a renowned Cultural Economist and international consultant, helping organizations and governments to apply sound economic principals to the transformation of culture so that everyone is "better off."

As the founder of Project C.U.R.E., Dr. Jackson traveled to more than one hundred fifty countries assessing healthcare facilities, meeting with government leaders and "delivering health and hope" in the form of medical supplies and equipment to the world's most needy people. Literally thousands of people are alive today as a direct result of the tireless efforts of Project C.U.R.E.'s staff, volunteers and Dr. Jackson. 

To contact Dr. Jackson, or to book him for an interview or speaking engagement: press@winstoncrown.com

Tuesday, January 21, 2014

CULTURAL ECON.: CHOICE

Founder, Project C.U.R.E.
Author, The Happiest Man in the World: Life Lessons from a Cultural Economist


So, what is the solution to the predicament of having limited resources in this old world, but having absolutely unlimited needs and wants? Even in this present culture of extreme expectation, and the generational mentality of unbelievable entitlement, you don’t always get everything you want. It seems that there will always be far more uses for a particular resource than there is supply of that resource. Your want to always gets beat up by your can do!

The simple answer to the sticky wicket question is that you ultimately have to make choices. The discipline of economics is the study of making good choices. Wouldn’t you like to know how to make better choices? Wouldn’t it be a good thing if you could learn to make better decisions so that your life would be better off and more fulfilling? Wouldn’t it be nice if your whole culture, including your government, could learn how to make informed, responsible choices?

To say yes to one thing means we say no to another. It is as simple as that. Yet, choices are closely connected with values, and that takes the issue of choices out of the simple and shoves it into the category of the complex. Would you rather purchase a home in a congested, troublesome neighborhood close to your work, or own a home with a few acres out away from the city, where you can enjoy a quality of life and space enough to raise your family, but spend all your time in your car or on the transit, commuting and arriving at home after your family is already in bed asleep?

In our local county, the residents get all excited about preserving certain pieces of land that perhaps have a lovely view of one of Colorado’s snow-covered mountains. They feel that they have a certain inheritance giving them birthright to always having an unencumbered shot at looking westward at the sunset and seeing that particular mountain. So the residents, especially the ones just across the street from the property, put up campaign signs, run ads in the local paper, hold meetings, and petition the open space committee of the county to purchase the land so that no homes can be built in the whole valley, thus successfully preserving the view.

Of course the action becomes contagious, and the race begins to protect everyone’s view of every beautiful snow-covered mountain. Then it begins to dawn on the people that they have just emptied the coffers of the county to preserve all the views. They have just removed forty-five percent of the open real estate in the county from the property tax rolls, and have, moreover, eliminated the possibility of future residential and commercial development that would have provided financial sustainability in perpetuity. By their choices, they have forfeited the possibility of generating necessary revenue to pay all the bills. But the views are nice, especially for the folks who live just across the street from the property.

Choices can become difficult and complex whether they involve just the individual, the family, the corporation, the community, or the national government. When it comes to dealing with limited resources and unlimited wishes, there will always be tension. The choices we must make as a result of scarcity of resources will always include at least the following issues:
  • What should be produced from those limited resources?
  • Who should produce and distribute the goods and services?
  • How should goods and services be produced?
  • For whom should goods and services be produced?             
Next Week:  The cost of choices.

             (Research ideas from Dr. Jackson’s new writing project on Cultural Economics)

© Dr. James W. Jackson  
Permissions granted by Winston-Crown Publishing House


Dr. James W. Jackson often describes himself as "The Happiest Man in the World." A successful businessman, award-winning author and humanitarian, Jackson is also a renowned Cultural Economist and international consultant, helping organizations and governments to apply sound economic principals to the transformation of culture so that everyone is "better off."

As the founder of Project C.U.R.E., Dr. Jackson traveled to more than one hundred fifty countries assessing healthcare facilities, meeting with government leaders and "delivering health and hope" in the form of medical supplies and equipment to the world's most needy people. Literally thousands of people are alive today as a direct result of the tireless efforts of Project C.U.R.E.'s staff, volunteers and Dr. Jackson. 

To contact Dr. Jackson, or to book him for an interview or speaking engagement: press@winstoncrown.com