Economics | Business | The Guardian


article on economics

China Injects $ Billion Into Its Slowing Economy. The move comes as Beijing fights a costly trade war with the United States while looking for ways to keep its growth going. Get breaking economic news and analysis on the U.S. and global economy from The Wall Street Journal, including coverage on economic policy, trade, financial developments and Wall Street Journal. The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.

Economics - Wikipedia

For in him all things were created: things in heaven and on earth, visible and invisible, whether thrones or powers or rulers or authorities; all things have been created through him and for him. He is before all things, and in him all things hold together, article on economics. Sound economics is grounded in biblical truths, and helps each of us to be better stewards.

Economics is the science of human action. Humans are intentional and purposeful. This is how God created us. In Genesis, article on economics, he gave us the cultural mandate, with the purpose and intent of developing his creation. Our actions, while intentional, are not perfect or always well-calculated, but they are aimed at achieving specific ends, article on economics.

These ends are article on economics known and valued by the individual doing the choosing. If you are interested in learning more about economics but feel short on time, below are five of my favorite beginner articles. They are short, easy to read, and will help broaden your understanding of the importance of article on economics thinking as we apply it to Christian stewardship. This timeless article is a superb introduction to the market process.

Markets work as a coordinating mechanism that brings together millions of dispersed people to cooperate with one another. This market process encourages article on economics parties to serve each other and the common good by providing for the needs of the consumer.

This short essay is told from the point of view of a pencil, article on economics. The seemingly simple pencil is deceptively complex and article on economics one person in all of creation knows how to make one. IFWE produced a video, I Smartphonewhich retells the story in a modern context through the point of view of cell phone. Economist Russ Roberts provides a primer on how prices emerge and dispels common myths around them.

Prices are formed from the interaction of both the seller and the buyer, and they help serve as signaling devices about the relative scarcity of resources. We live in a world where scarcity is one of our biggest constraints. Prices help us economize on those scarce resources and bring together buyers and sellers so that vital goods and services can be produced. Frederic Bastiat was a 19th century political economist and member of the French Assembly.

Known for his winsome and witty writing, his essays have become timeless, article on economics. This essay, also known as the Parable of the Broken Window, tells the important economic lesson of understanding opportunity cost and scarcity.

Sadly, the lesson of the parable has not been learned particularly in the public policy discussions we hear today.

The result is that we make decisions and act in ways that harm us and others. Living in a fallen world means living in a world with limited and scarce resources. As such, we need incentives that entice people to serve one another. When prices are able to adjust to changing levels of scarcity, the market is effective at sending strong signals to buyers and sellers which make them better stewards of those scarce resources.

The Road to Serfdom is one of the article on economics compelling and profound books of the twentieth century. Hayek was vigilant in his intellectual battle against central-planning and socialism. It has sold over 2 million copies and remains a best seller. This book details the article on economics of freedom that occurs on the road to tyranny, and should serve as a warning signal to Christians about the imperative of fighting for freedom.

I hope these articles can provide an introduction into the economic way of thinking. Economics helps us to be better decision-makers. It is a tool that helps us understand costs in a robust manner, and helps us foresee potential unintended consequences. Economics gives us a view of the long-run, helping us make better choices today. Employing the economic way of thinking helps us to better steward article on economics scarce resources with which God has blessed us.

In the discussion of markets and morality, objections to free markets often center around values and character, article on economics. Art Lindsley has…. This is…. Need article on economics with this form? Skip to content. Economics Read This timeless article is a superb introduction to the market process. Hayek The Road to Serfdom is one of the most compelling and profound books of the twentieth century.

Anne Bradley Anne Bradley, Ph. Anne received her Ph. All rights reserved. For reprint permissions, contact info tifwe. Have our latest content delivered right to your inbox! Further readings on Economics By: Dr.

Paul Cleveland 4 minute read. Read More. Making Decisions at the Margin By: Dr. Anne Bradley 5 minute read. Salutation Please select Father Rev. First Name. Last Name. Email Address. ZIP Code. Country Please select Occupation Please select Which publications would you like to receive?


The Five Best Economics Articles for Beginners


article on economics


China Injects $ Billion Into Its Slowing Economy. The move comes as Beijing fights a costly trade war with the United States while looking for ways to keep its growth going. Rolling coverage of business, economics and markets as non-farm payrolls data show , new jobs Published: AM. US economy adds fewer jobs than expected amid trade tensions – as it. Find the economic latest news and headlines, as well as blogs and video from