The Voice of God's Economist

4 minutes read. Say the government decides to increase its investment in the education sector by £4 billion. This implies that teachers' salaries may increase. Suppose one of the teachers decides to increase his child’s allowance. His child may choose to buy more sweets than he normally does at a local store. The £4 billion investment made by the government in the education sector has increased the income and consumption level of the teacher, child, store owner, and the nation. Like the ripple effect of a drop of water in the sea, this is the multiplier effect. Photo source According to John Keynes, "Any form of government spending could lead to cycles of economic prosperity and increased employment, raising gross domestic product (GDP) to levels higher than the cost." (Andrew, 2024) Therefore, one pound of government spending , will generate more than a pound in the economic growth of a country. Biblical perspective The multiplier effect was first theorized and fo...

  4 minutes read. If you think deeply, the one thing you may want in life is a product that provides you with undiminishing marginal utility. This is a situation where the additional satisfaction gained from consuming one more unit of the good does not decrease, no matter how much is consumed -it rather increases over time. Is this real? You may wonder. The truth is it is. Hopefully, at the end of this blog, you will understand fully.   Image source What is the law of diminishing marginal utility ? Say you went for a run but forgot to bring a water bottle. As you’re heading home, dehydration sets in, and all you can think about is water. In your mind, a single cup won't satisfy you -only an ocean could quench your thirst. You get home and the first thing you do is run to the fridge and get that cup of water that you so desperately needed. But something strange happens after that first cup, you're still thirsty. You pour another and another, and yet another. If you were given ...

H ow is love connected to opportunity cost? I imagine that's what you're thinking. Don't worry, by the time you're done reading, it will be clearer, God willing.                       "God can do innumerable things, but those things don’t define who He is. He can work with our faith , yet He is not faith itself. He can bless us with prosperity , yet He is not prosperity. He can grant us favor , but He is not favor itself. The list of what God can accomplish is inexhaustible, as He is All-powerful . However, while God can do all these things and more, they don’t capture His true essence. At His core, God is Love . Love is His nature." ( 1 John 4:8 ) Origin of Choice God expressed His absolute love for humans from creation when He gave us dominion and authority - the ability to choose ( Genesis 1:26 ). Job 38-41 gives us a glimpse of God's might and power, and a deep study of it will show us that God's dec...

  I s there possibly any connection between God and Economics? Is the Bible truly capable of solving today’s technical issues, despite Meeks’ argument that it cannot? (Sigmund Wagner-Tsukamoto, 2009)  Is God even interested in our economy? These are the possible questions that may have led you to this page and many others.  The short answer is Yes . ✅ There is a connection between God and Economics. ✅ The Bible is capable of solving today's technical issues.  ✅ God is much more interested in our economy than YOU think you are. As Ecclesiastes 1:9-10 states, the reality is that nothing is truly new under the sun. Recognizing this will help us grasp that to truly understand the foundations of economics and God’s role, we must begin at the very start.   What is Economics? Economics is the study of how people make choices to use limited resources like time and money to meet their needs and wants.  According to Bradley R. Schiller, “It is t...