From The Pastor’s Mailbag — Christian Economics?

Dear Pastor,

1.) ‘Why would you have a seminary teach macroeconomics?

2.) What makes Sowell’s theory reflective of a “Reformed Worldview” when he’s not even Reformed, as far as we know?

3.) Why do we even have to frame macroeconomics in those types of terms?

4.) What makes something reflective of a reformed worldview and who gets to decide that?’

Thanks,

Jillian

Dear Jillian,

Thank you for writing. Before turning to your questions, which we will take one at a time, let us consider some macro aspects to this.

First we need to understand that Economics is theology dependent. The ancients had a saying, that yet remains true, that “Theology is the Queen of the Sciences.” This truism teaches us that all other disciplines are derivative of some prior understanding of Theology. What that means is that Economics, History, Sociology, Psychology, Mathematics, Philosophy, Arts, Politics, Law etc. are all dependent on some Theology, and are what they are as they are informed by some theology. Theology is an inescapable category from which all the humanities are derivative. Because this is true Economics, like all those other disciplines listed, are but the incarnation and manifestation of some Theology into the various theories that comprise the discipline. Because this is true, it is never a case of whether or not we will have an Economics that is driven by theology, but it is only a question of which theology will drive our Economics. Since this is so, Christian have to think about what the implications of our Christian Theology have for Economics because if we don’t think in those terms what will happen is some pagan theology, representative of some false god or god concept, will be what drives our Economics. As such if we will not have Economics as derivative of explicitly Christian theology, we will have Economics as derivative of Humanist, Muslim, Jewish, Hindu, etc. Theology. Theologically speaking, there is no Economics from nowhere. Theologically speaking there is no Economics wherein Economics is not serving as a handmaiden for some God or god concept.

Having opened with that we turn to your questions.

1.) Seminaries might teach a macro Economics course because,

a.) Our abstract Theology also needs to be concrete. There is a necessity to reveal to seminarian students that as all Theology is totalistic in its claims, Christian theology needs to challenge the paradigms of false theologies as they incarnate and manifest themselves in the Public Square via Economic modalities and paradigms.

b.) The Scripture gives us themes for a Christian Economics. For example, Scripture forbids theft, therefore, a Christian Macro-Economics would require us to hold that the holding of property by individuals is a necessary aspect of a Christian Economics. This simple tenant immediately informs us that all Marxist type of Economic arrangements are unbiblical since Marxist theory denies the individual claim to property to the individual. We know that individual property claims are biblical by looking, as just one example, at the account of Naboth’s vineyard in the Scripture (I Kings 21). Other Biblical principles for Economics that we can derive from Scripture is the necessity of the keeping of contract (James 5), the idea of a just wage (Malachi 3:5), the prohibition against oppression of the worker by the Rich (Deut. 24:14-15), and that Government theft is a positive evil (I Samuel 8). Another key Economic theme of Scripture is the reality that God’s people are Stewards of all that God has given them and all that God has given them must be handled, not as absolute owners, but as stewards unto God. After all, I am in body and soul, both in life and death, am not my own, but belong unto my faithful Savior Jesus Christ. Any Christian Macro Economic theory must reflect these realities.

These themes alone go a long way towards informing a Christian Macro-economics.

Now, to be sure, the Marxists and the Progressives who call themselves “Christian” will come in and deny these aspects but at that point all we can do is to go to the Law and to the testimony to see if these things are so (Isaiah 8). Also, we need to realize that there are those who will claim that Economics, like all other disciplines are NOT theology dependent. As previously, all that can be done is to appeal to Scripture and trust that the Holy Spirit will open people’s eyes to see that there is no Neutrality, no not even in what is called the “common realm.”

c.) In the end Marco-economics is needed for those who would be ministers because they are to speak forth the whole counsel of God. Christianity does not end at the Church doors. Christianity is not merely about Jesus living in my heart. Christianity is not restricted to some zone beyond which it is forbidden to go. As Abraham Kuyper once said, “There is not a square inch in the whole domain of our human existence over which Christ, who is Sovereign over all, does not cry, Mine!’ That includes Economics Jillian.

2.) Dr. Thomas Sowell is not Reformed. Of that there can be little doubt. However, having said that, his theories, as existing in the context of a Reformed Christian worldview support many of the idea set forth immediately above. Sowell believes in individual property claims. He is against totalistic Economic claims of the God state. He supports individual right of contract. Sowell, of course, is not to be absolutized. Only the Scriptures are absolute. And of course there will be aspects of Sowell’s theory that need to be reinterpreted through a Biblical grid. For example, the Austrian school of Economics, that he is associated with, does have elements in it that are thoroughly unbiblical and would need to be purged from a Christian Economics.

3.) We have to frame Marco-Economics in these types of terms because these types of terms are inescapable concepts that can’t be escaped. Because all of reality is Theologically driven, all that composes reality will likewise be theologically driven. Further, without Macro-Economics being framed in such a way we lose the ability to distinguish some time of Economic activity as “wrong” as compared with other types of Economic activity we would say is “right.” If we lose the concept of Christian Economics we lose the ability to say, “Marxist Economics is wrong,” because Marxist Economics presupposes an Economic determinism that doesn’t submit to the reality that God rules. If we lose the concept of Christian Economics we lose the ability to say Wall Street Crony Capitalism is wrong because Wall Street Crony Capitalism (Corporatism) absolutizes wealthy in their oppression of the poor and the needy. If we fail to frame Macro-Economics in these type of terms then we are forced to live with whatever oppression the State, as God, determines as our lot.

4.) God and His Word makes something reflective of a reformed worldview and it is the Scriptures that get to decide that since all Scripture is inspired by God and profitable for teaching, for reproof, for correction, for training in righteousness; 17 so that the man of God may be adequate, equipped for every good work. I believe that Economics is a good work that the man of God can be equipped for by understanding Scripture.

In the end Jillian, I don’t want to be the one to tell God that Macro-Economics is none of his damn business and he should just butt out of the whole discipline.

Thank you for writing Jillian,

Author: jetbrane

I am a Pastor of a small Church in Mid-Michigan who delights in my family, my congregation and my calling. I am postmillennial in my eschatology. Paedo-Calvinist Covenantal in my Christianity Reformed in my Soteriology Presuppositional in my apologetics Familialist in my family theology Agrarian in my regional community social order belief Christianity creates culture and so Christendom in my national social order belief Mythic-Poetic / Grammatical Historical in my Hermeneutic Pre-modern, Medieval, & Feudal before Enlightenment, modernity, & postmodern Reconstructionist / Theonomic in my Worldview One part paleo-conservative / one part micro Libertarian in my politics Systematic and Biblical theology need one another but Systematics has pride of place Some of my favorite authors, Augustine, Turretin, Calvin, Tolkien, Chesterton, Nock, Tozer, Dabney, Bavinck, Wodehouse, Rushdoony, Bahnsen, Schaeffer, C. Van Til, H. Van Til, G. H. Clark, C. Dawson, H. Berman, R. Nash, C. G. Singer, R. Kipling, G. North, J. Edwards, S. Foote, F. Hayek, O. Guiness, J. Witte, M. Rothbard, Clyde Wilson, Mencken, Lasch, Postman, Gatto, T. Boston, Thomas Brooks, Terry Brooks, C. Hodge, J. Calhoun, Llyod-Jones, T. Sowell, A. McClaren, M. Muggeridge, C. F. H. Henry, F. Swarz, M. Henry, G. Marten, P. Schaff, T. S. Elliott, K. Van Hoozer, K. Gentry, etc. My passion is to write in such a way that the Lord Christ might be pleased. It is my hope that people will be challenged to reconsider what are considered the givens of the current culture. Your biggest help to me dear reader will be to often remind me that God is Sovereign and that all that is, is because it pleases him. View all posts by jetbrane