IFWE’s Midweek Memo – 04.03.13

Offering you the latest news, analysis, and opinion on all things faith, work, and economics.

Service with a Side of Arrogance  Peter Greer’s Blog

Short-term mission trips are an incredible experience. …But may I humbly suggest short-term trips have a much greater impact on the people who go to serve than on the recipients of our service? – Peter Greer

In Praise of Garbage Men  Acton Institute

…the market is not always the best method of apportioning gratitude and respect for specific vocations. We should remember that some of the most essential jobs are the dirtiest and lowest paid. –Joe Carter

10 Challenges Facing Us in the Next Decade  Relevant Magazine

The future is coming faster than ever, with the tectonic plates of society, church, culture, technology, economy and environment shifting beneath us. If you want to keep up with any of it, and get new footing, you have to be fast. But here’s the thing: the Church often isn’t. -Relevant

Is Market Failure a Sufficient Condition for Government Intervention?  Library of Economics and Liberty

Externality problems are market ‘failures’ only in comparison to the perfectly competitive model’s equilibrium. In other words, the ‘failure’ here is not that markets ‘do not work’ in practice, but that they fail to live up to a blackboard ideal. – Art Carden

Poverty is Broken Relationships  Values and Capitalism

Compared to the wholeness offered to us by Christ, we are all bankrupt. When we consider the price to buy entrance to heaven, we are all impoverished. This is why we should take pride in nothing; we should think ourselves “above” no one. – Jacque Otto

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