Tag: spending
Three Great Reasons for Christians to Save and Invest Their Money
Posted on June 26, 2018 in Money, Theology by Nathan Cherry
It’s no secret that most Americans have little to no savings. I’ve written previously on the inability of many Americans to cover even a small $400 emergency. This reality shows that many people do not prioritize saving. If you asked the average person to stop getting coffee at Starbucks daily, end their Netflix subscription, or take their lunch to work with them, you will be met with looks of disgust and shock. Clearly something isn’t right.
Would You Like Elon Musk or Jeff Bezos to be Your Boss?
Posted on May 30, 2018 in Money by Nathan Cherry
Any CEO of a publicly traded company that relies on other people’s money to conduct business should treat questions about his company with more respect. Showing such contempt for shareholders as Musk has is no way to run a company.
Maybe Jeff Bezos, the founder of Amazon will do better at respecting shareholders money.
Maybe not.
Wealth Principles: The Principle of Human Productivity
Posted on March 8, 2018 in Money, Public Policy by Nathan Cherry
This is what socialism is missing. Socialism says that everyone will be happy if we just divide everything evenly. Socialism ignores the principle of human productivity by making it possible for people that do very little to have the same means as those producing greater amounts. Socialism effectively removes the incentive to human productivity.
Many welfare systems that have no work requirement also violate the principle of human productivity. If I don’t have to work and the government will still provide free housing, health care, cell phones, and food, what is my incentive to work? Poverty is perpetuated by the idea that people shouldn’t have to be productive in order to receive goods and services.