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The Christian Economist | Dave Arnott

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School of Podcasting - Podcast Tips to Plan, Launch, Grow Your PodcastSchool of Podcasting - Podcast Tips to Plan, Launch, Grow Your PodcastAriana Grande's Voice and Your Podcast: What They Have in CommonDon't let past regrets or harsh words hold you back from podcasting. This episode highlights inspiring stories from podcasters like Zita Christian, who turned her struggles with Alzheimer's into a powerful platform, and Ray Arnott, whose model train podcast has garnered a passionate community. Dave Jackson emphasizes that everyone has a unique voice and experience to share, and it's essential to push through the self-doubt that might stem from past failures.He also discusses the phenomenon of pod fading, where many new podcasters stop before truly finding their audience. Tune in to discover how you can overcome...2024-11-2542 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottVote With Your FeetAmericans are moving from restrictive economies in California and New York to free economies in Texas and Florida, much like the Israelites escaped captivity in Egypt. Let’s Vote! I had five grandkids in the van recently, and we were trying to decide which park to visit. One of the ten-year-olds suggested energetically, “Let’s vote!” Where did an American ten-year-old get the idea that she had the power to determine the market? Well, FROM the market. And, that’s what people moving from one state to another are proving, they have the power to vote about where they live. People are...2024-01-0410 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave Arnott#199 Hope for the New YearThere are Ten Reasons for Hope in the New Year   I often explain that as an economist, I’m a pessimist, but as a Christian, I have hope. Hope is endemic to the Christian spirit and idea. We believe God is at work, even when the US debt clock shows that each individual’s share of the $34 trillion in national debt has increased from $85,000 to $100,000 in just the last three years. Think about it: Each of your children and grandchildren owes $100,000 in national debt. Still, there is hope. Here are some economic hopes we can have for 2024.   The Omniscient God From s...2023-12-2810 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottChristian Colleges Solve the Woke ProblemThe market will take care of the woke problem in higher education, as consumers choose Christian colleges over corrupt state institutions.    John Ellis wrote a fire-breathing editorial in the Wall Street Journal titled Higher Ed Has Become a Threat to America. Subtitled Our corrupt, radical universities feed every scourge from censorship and crime to antisemitism. He’s mostly right. But his prescription is wrong. As with most problems in a free society, the market will take care of the problem.   The Council for Christian Colleges & Universities There is an alternative form of education that Mr. Ellis overlooks: Christian Higher Education. 150 membe...2023-12-2008 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave Arnott#197 December is Christian MonthDecember is Christian Month. It starts with Thanksgiving and ends with Christmas: the most celebrated holiday event in human history.   December is Christian Month. It was not officially declared by any governmental entity. It doesn’t have to be. Just look around. It starts with Thanksgiving and ends with Christmas, the most celebrated holiday event in human history. Gift-giving, Christmas trees, lights, Santa Claus, office parties, and family gatherings are all part of Christian Month. Deloitte’s holiday retail sales analysis says consumers will spend $1,652 each on Christmas. I made this observation while attending the CEO Summit at Liberty University recen...2023-12-1307 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave Arnott#196 The Economics of ImperfectionEconomics in 2023: we should not expect perfection on this side of heaven. Many people leave the church because they find that their fellow congregants are not perfect. We also hear complaints about the capitalist economy not perfectly serving everyone’s needs. The answer to both of these complaints is found at the root of the problem of all mankind: There is no perfection.   Church A friend in a Bible study recently mentioned that folks won’t attend church because, in the past, the church had harmed them in some way. About 150 years ago, my Southern Baptist predecessors claimed that the Bible...2023-12-0610 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave Arnott#195 From God to GovernmentAdam and Eve ate the apple because they wanted to be God. That desire has not gone away, and recently, we are seeing even more evidence of it. Our society is moving from “God to Government” and the implications don’t look great.   Worldview Christian Worldview to secular worldview The Christian Worldview says God created a perfect world, fallen humans have messed it up, and we find redemption through Jesus Christ. Support for abortion provides ample evidence that many people don’t believe humans are created by God; I will cite many examples of the denial of the fallen nature in the ne...2023-11-2909 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottThankful for Private PropertyThe Pilgrims tried socialism and it failed. Then private property led to so much prosperity that they hosted the first Thanksgiving.   If you have enough to eat this Thanksgiving, you should be thankful for the private property system that produced the food. We live in the most prosperous, fruitful time in human history. Let’s take a brief look at how we got here. In October of 1621, Plymouth Colony governor William Bradford called a three-day festival, inviting the ninety Indians to join the 50 Pilgrims. This feast, which included times of thanks to God as well as athletic competitions and food and...2023-11-2210 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottWho is Getting Shanghaied in Trade?Trade with China makes Americans richer, but China is likely using the profits from their exports to build a military that the US will fight someday.   In the 19th century, if a sailor got too drunk in a port city, he might wake up the next day on a ship steaming toward Shanghai. The noun became a verb, and he had been “Shanghaied,” but in the current US-China trade relationship, who is getting Shanghaied? Trade with China makes us richer, but they might be using those profits to build a military that we will fight someday. I’ve often said, you won’...2023-11-1510 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottSchool ChoiceSchool Choice: The rich already have the choice to send their children to any school they want.  The poor should have the same choice.   The rich should have a choice that the poor do not have. Really?! Think about it: The rich already HAVE school choice; they can send their kids to any expensive school they choose, but poor kids don’t have that choice. Shouldn’t we give them that choice? We live in Texas, where our legislature is trying to decide what to do about school vouchers. To a Christian Economist, this is pretty simple. As an economist, I thin...2023-11-0810 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottWhen Expenses Exceed RevenuesThe US Federal Government's annual expenses are $1.9 trillion more than its revenues.  That's a violation of the eighth commandment, and it is economically unsustainable.   You will be poorer every day, for the rest of your life, because the Biden administration has increased the national debt in the last three years.  That’s the message I gave my sophomores at Dallas Baptist University recently.   Going back a little further, the Wall Street Journal reports this week that Federal debt held by the public mushroomed from less than $5 trillion in mid-2007 to more than $21 trillion in 2020. Sorry for being the bearer of bad new...2023-11-0110 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave Arnott#190 We’ve Never Run Out of AnythingScarcity thinkers tell us we are running out of resources.  But Christians believe our "Made in the image of God creativity" will continue to find new ways of preserving resources. One of my favorite questions to ask groups is to complete this sentence, “Life was better before we ran out of: _____” You’re right, there’s no answer.  At least, in years of asking the question, I’ve never heard an answer.  If you know of a valuable resource that we’ve run out of, please send me an email.  But here’s the problem, we are continually being told that we’re running...2023-10-2511 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottKarl Marx and HamasThe powerful religion of Karl Marx and of Islam leads to the powerful political system of totalitarianism, which leads to the powerful economic system of Marxism, which impoverishes its people. How we see God has a lot to do with how we see our fellow man.    Belief – Politics - Economics When I wrote the curriculum for International Economics at Dallas Baptist University, I used this simple diagram to begin each session.  Belief systems produce political systems, which produce economic systems.  I know, there is a lot of interplay and it goes back and forth.  But the diagram is mostly correct. That’s...2023-10-1811 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottMore Equal Than You ThinkAmerican incomes are 3% more equal today than in 1947.   That was the key data point from former Senator Phil Gramm’s recent speech about his new book, titled The Myth of American Inequality. Don’t Covet Just about every discussion that points out inequalities of outcomes is a violation of the tenth commandment against covetousness.  From Thomas Picketty’s books and speeches to Black Lives Matter to President Biden: The message is always rooted in wanting what others have. That’s why when Sergiy Saydometov and I wrote the book Biblical Economic Policy, one of the ten Biblical Commandments of Economics we found wa...2023-10-1211 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave Arnott#187 ChatGPT has AssumptionsChatGPT leans liberal and can be deceptive, but Christians should not be afraid of it; It’s simply another machine that will cause creative destruction that makes us economically richer.   Toward the end of last semester, I wrote to my Dean in the College of Business, “I either have the best student in the history of our program, or he’s using ChatGPT to write his essay answers.”  After noticing some similarities in a few students’ essays, I got something of a sense of what was written by students, and what was written by the Bot.  I had asked a strategy ques...2023-10-0409 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottGod Made Us RichOur creativity comes from being made in the image of God. That creative innovation is best expressed in time-price, defined as how many hours we work to buy something.  We're rich. Would you like to pay for your breakfast and get eight free?  Wanna pay only 2% of your air conditioning bill?  How about paying less than 5% of the marked price for a bicycle?  God has made us rich by making us creative, in His image, and according to time price, you are getting those discounts on just about everything you buy.  But first: How did we get here?   Made in God’s...2023-09-2710 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottPerfection is Found Only in HeavenWe can't make a perfect economic system.  But we can make it better. God is perfect, we’re not.  But that doesn’t stop people from striving for perfection.  So how do we design an economic system for an imperfect world?  That’s the subject of today’s podcast. There’s an article in the Wall Street Journal this week by Rachel Feintzeig titled “Try Hard, but Not That Hard.”  She writes, “So many of us were raised in the gospel of hard work.”  Okay, my first observation is that she called it “the gospel.”  It makes a Christian Economist think about the book The Prot...2023-09-2010 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottCompetition is More Effective than RegulationsChristians are called to take care of widows and orphans, because in the agrarian economy of Biblical times, those were the people who didn’t own land, so they were not capable of economically providing for themselves.  In the 21st century, we as individuals can care for the less fortunate by two very different economic systems: Competition or Regulation. Regulations are regressive, harming the poor more than the rich.  They also exercise taxation without representation, and they side-step the democratic process. University of Chicago economist Casey Mulligan has determined that the Biden administration’s rule-making has cost each American household more t...2023-09-1310 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottWho Should Help the Homeless“Supply causes demand” was the summary statement by the French economist Jean Baptiste Say.  The Biden administration has supplied more than $500 million to alleviate homelessness, and demand for it went up 11%.  The allotment will be quickly consumed by the Homeless Industrial Complex, who will be back at the Government feeding trough for more, faster than you can say “Dwight Eisenhower.”  Why “Dwight Eisenhower?”  He invented the term Military Industrial Complex, from which the term Homeless Industrial Complex gets its name.  The concept of the Homeless Industrial Complex is real. As far as I can tell, the term was first used by Joel John Rober...2023-09-0709 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottYour Economic ReputationDuring his testimony in front of the Judiciary Committee, John Durham had a powerful response to the attack on his reputation: “My concern about my reputation is with the people who I respect and my family and my Lord." Are we as a nation comfortable with our economic reputation under the current "Bidenomics"? During a recent Congressional testimony, John Durham was accused of having a sullied reputation because of his association with President Trump.  His full response is the closing statement of today’s podcast.  For now, I will summarize the part that gives its name to today’s podcast, “I’m perfec...2023-08-3010 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottThe Economics of a Long LifePeople are living longer, and it's shaking up the world of money. A Wall Street Journal piece shows that as we age, we stack up more cash. But, with longer lives come bigger economic questions. “You will have a long life on the earth.” This promise which accompanies the fifth commandment about honoring your father and mother is becoming more true all the time.  AND, there are economic implications. Richard McKenzie, writing in the Wall Street Journal recently, made the point that, as folks live longer, they accumulate more money.  That kind of makes sense.  The title of Mr. McKenzie’s article...2023-08-2409 minThe Christian Economist | Dave ArnottThe Christian Economist | Dave ArnottWe Are God's Creative CreaturesAs long as the fallen nature produces unlimited wants, and the creative nature has unlimited creativity, there will be unlimited employment.   The Bureau of Labor Statistics published a report last year, projecting huge losses in three occupational groups: Administrative assistants, production, and sales.     Change is good.  The old adage, “You will get change from everything but a vending machine,” applies to the workplace.  Jobs are changing.  They always have.  They always will.  That’s good.  We call that a “dynamic economy.”  You would rather live in a dynamic, not a stagnant economy.   Wealth Migration  My podcast #131 is titled Abraham and Wealth Migration.  It po...2023-07-0511 minPolitics By Faith w/Mike SlaterPolitics By Faith w/Mike SlaterGod Or Money: Who Is Your Master?Many people in society have let money become a master of their life. However, Matthew 6:24 says that "no one can serve two masters." Mike Slater dives into what this means for America as it enters into a period of economic turmoil. Plus, some perspective from Christian economist Dave Arnott on what the bible says about money.  Learn more about your ad choices. Visit megaphone.fm/adchoices2023-03-3030 minPolitics By Faith w/Mike SlaterPolitics By Faith w/Mike SlaterGod Or Money: Who Is Your Master?Many people in society have let money become a master of their life. However, Matthew 6:24 says that "no one can serve two masters." Mike Slater dives into what this means for America as it enters into a period of economic turmoil. Plus, some perspective from Christian economist Dave Arnott on what the bible says about money.  Learn more about your ad choices. Visit megaphone.fm/adchoices2023-03-3030 minAnchored by the Classic Learning TestAnchored by the Classic Learning TestDave Arnott on Biblical Economics and the Free MarketOn this episode of Anchored, CLT’s CFO Noah Tyler is joined by Dr. Dave Arnott, professor of Management and Economics at Dallas Baptist University. Dr. Arnott is the author of several books covering the intersection of Christianity and economics and is host of The Christian Economist podcast. The two discuss the liberating power of the free market, the relationship between economic principles and scripture, and the importance of choice in the marketplace of education. They also discuss how a Christian worldview empowers individuals to make morally-sound decisions in a market economy. 2023-01-1244 minSituation ReportSituation ReportChristian Economics with Dr. Dave ArnottWe're joined by Dr. Dave Arnott to take a look at our economy on both the Macro and Micro levels with a Christian perspective. Dave Arnott is a professor of Management who teaches Economics at Dallas Baptist University. He has authored four books on the topics of Leadership, Management, and Economics. His Ph.D. is from the University of Texas at Arlington.See omnystudio.com/listener for privacy information.2022-10-1342 minRed scouts Of AmericaRed scouts Of AmericaEpisode 145 Fide Economica with Dave Arnott and James David Gallworthy*This episode gives the basic faith scriptural theoriestheory of economics, gently discussing what Christian economics is. Please note that David Galworthy is a created personality.2021-08-2509 minNoise Control RadioNoise Control RadioNoise Control Radio 043 Feat. Matt ChavezSteph's Mix 01. Steve Smooth, Bad Boy Bill, Seann Bowe - Feel Alive (Original Mix) 02. Jimmy Clash - Fujara (Original Mix) 03. Bobby Burns & Ansol feat Chad Wolf - More Than Youll Ever Know (Club Mix) 04. Shutterz - Impact (Original Mix) 05. John Christian & IndYana - Never Sleep (Official Dreamfields Anthem) (Club Mix) 06. Chris Arnott, The Only, New World Sound - Home Again (M35 Remix) 07. Dave Aude, Miss Palmer, Justin Caruso - Tears (Club Mix) 08. Tony Junior - Wake Up (Original Mix) 09. Deorro & Duvoh feat. Adrian Delgado - If Only (Original Mix) 10...2014-05-221h 59Housepital Takeover Sessions (EDM And Underground genres)Housepital Takeover Sessions (EDM And Underground genres)Takeover Sessions #043 Incl. Lau Savano And Mallenza Guest MixWelcome to another episode of Housepital takeover Sessions full of great music from progressive to electro. Deex got it all for you in the first part of the show. In the second part Deex switches the takeover to Lau Savano & Mallenza, so stay tuned for this Dutch Duo! Deex in the Mix 1. Andhim - Boy Boy Boy (Original Mix) 2. Matt Lange - Only You 3. The Cube Guys & Prok & Fitch - Dont Go (Original Club Mix) 4. Gorgon City feat. Yasmin - Real (Walden Remix) 5. Progresia feat. Linnea Schossow - Fire Fire Fire (Original Mix) 6. Tetra ft. Starla Edney - Stronger (Original...2013-10-122h 00Housepital Takeover Sessions (EDM & Underground genres)Housepital Takeover Sessions (EDM & Underground genres)Takeover Sessions #043 Incl. Lau Savano And Mallenza Guest MixWelcome to another episode of Housepital takeover Sessions full of great music from progressive to electro. Deex got it all for you in the first part of the show. In the second part Deex switches the takeover to Lau Savano & Mallenza, so stay tuned for this Dutch Duo! Deex in the Mix 1. Andhim - Boy Boy Boy (Original Mix) 2. Matt Lange - Only You 3. The Cube Guys & Prok & Fitch - Dont Go (Original Club Mix) 4. Gorgon City feat. Yasmin - Real (Walden Remix) 5. Progresia feat. Linnea Schossow - Fire Fire Fire (Original Mix) 6. Tetra ft. Starla Edney - Stronger (Original...2013-10-1200 min