Description

Join Nick and Austin as they talk about economics, socialism, capitalism, and even Christmas traditions. In this episode, they explore how economics has shaped 21st century Christians. We all live in an "economy," but how does that shape who we are? Is there a perfect system? Nick and Austin share their experiences as economics teachers (in very different settings!) and some ways we can "restore" parts of our economy to better reflect a Christian worldview.
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LINKS

• Saint John Paul II on business in his encyclical Centesimus Annus(1991): “…the purpose of a business firm is not simply to make a profit, but is to be found in its very existence as a community of persons who in various ways are endeavoring to satisfy their basic needs, and who form a particular group at the service of the whole of society.”
• Definition of a command economy
• Definition of a market economy
• UN World Happiness Report