Gary North’s Christian Economics: The Ethics of Destruction

Originally Published on The Libertarian Christian Institute, Philosophy, The Parlor, Theology

In my last article, I introduced Gary North and his book, Christian Economics in One Lesson. This book is a spin-off of Henry Hazlitt’s Economics in One Lesson. North is a Christian Reconstructionist adherent of the Austrian School who believes that most economic theory is lacking by viewing economics as a value-free science. To be ‘value-free’ means leaving the ethics of economic ideas to ethicists. There might be a myriad of reasons for this line of thinking, the most obvious of which is the lack of ethical consensus which makes ethical application in economics cumbersome. Still, North believes we’re missing an opportunity by not discussing it. The heart of economics, he contends, is Christian ethics.

Hazlitt on Economic Fallacies

Hazlitt uses the idea of scarcity to teach his ‘one’ economics lesson. He applies scarcity to twenty-four different scenarios to demonstrate two major economic fallacies. First, most economists ignore things that are unfavorable to their point of view. Second, they overlook secondary consequences. Hazlitt employs Frédéric Bastiat’s broken window analogy to illustrate. But what do these things mean to average people? How can we use them to quickly identify bad economic ideas?

North believes Austrian economists make a strategic mistake in asserting that economics is value-free. The average person cannot easily identify economic fallacies. Instead, public discourse on economics is often reduced to parroting catchy slogans which promote dangerous economic policies. To make economics clear for the average person, North uses the 8th Commandment. Thus North’s Christian economics lesson is simply, “Thou shalt not steal.”

Read More

Join Mere Liberty

My content is free and audience supported. Members enjoy premium access. Click here to learn more.

Become a Member!

Thanks!

Join Mere Liberty

My content is free and audience supported. Members enjoy premium access. Click here to learn more.

Become a Member!

Thanks!

Kerry Baldwin 

Thanks for visiting my website! Add your thoughts and comments by contacting me below, or you can interact with me and my patrons by becoming a premium member at mereliberty.com/membership.

Follow Me

Amazon Goodreads Apple Podcasts Google Podcasts Spotify Feedly YouTube

  Gift Jar

w

In lieu of a comments section

I welcome and encourage your thoughts, comments, and questions through email.


Related Posts

Harm or Aggression: How do Libertarians Establish What is Crime?

Harm or Aggression: How do Libertarians Establish What is Crime?

Some libertarians confuse the non-aggression principle (NAP) with the harm principle. It’s not that hard to see why; aggression can cause harm. So, some non-libertarian Christians have misconstrued what our non-aggression principle means. This often leads to confusion...

A Paradigm Shift on Abortion?

A Paradigm Shift on Abortion?

A Paradigm Shift on Abortion? Kerry Baldwin Makes a Libertarian Case for a New Perspective Lions of Liberty Podcast| Show Notes In today’s flagship Lions of Liberty podcast, host Marc Clair is joined by Kerry Baldwin of MereLiberty.com and the Dare to Think podcast to...

The Great Abortion Debate: A Chat With Kerry Baldwin GodArchy #33

The Great Abortion Debate: A Chat With Kerry Baldwin GodArchy #33

The Great Abortion Debate: A Chat With Kerry Baldwin GodArchy #33 GodArchy Podcast | Show Notes Few issues are as binary and divisive as abortion. But the standard “pro-life” and “pro-choice” positions in American politics have utterly failed to adequately deal with...

Pin It on Pinterest

Share This