| The Economic Crisis, Bail-Out, and the Parables of Jesus |
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| Written by Paul Dean | ||
| Wednesday, 15 October 2008 | ||
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Author of Economic Parables: The Monetary Teachings of Jesus Christ, David Cowan states, “The debate about the economy is more out of control than the economy itself. This talking down of the market is creating a self-fulfilling prophecy.” “There is an illusion that the economy will look after us. It is not a function of the economy to do this. Ever since God sent Adam into the garden and told him, ‘Life’s gonna be tough!’, we have had to find ways to negotiate conflicting wants and needs in the world. This is what the economy does. We need to use the good times - as a country, as households and as individuals - to prepare for the bad times. We have lost the habit of our grand-parents of doing this, which is why we have such a mess today. In downturns we can get economically punished, but remember that in the alternatives of Socialism and Communism, and in high tax regimes, we get punished ALL the time.” On today’s edition of “Calling for Truth,” we’ll talk with David Cowan about the current economic crisis in America in light of what Christ has to say about economics. About the Author David Cowan is a pastor, speaker, writer, and theologian. He holds a Bachelor of Theology and Master of Theology degree, both from the University of Oxford, and a Diploma in Ministry from Westfield House, Cambridge. Cowan developed an interest in the interaction between theology and the postmodern world early in his academic and spiritual journey. He was particularly interested in the issues of political and social theology. Though both of these issues are necessarily shaped by economics, he observed a lack of real engagement between theology and economic issues. He has worked as a journalist, editor, and bank executive in Europe and North America for organizations such as Financial Times, Euromoney, and the World Bank Group in Washington, D.C. He has also written for the Washington Times, Financial Times, the Times of London, and the Middle East. Cowan has been interviewed by major print, television, and radio media, including CNBC, Bloomberg TV, the Wall Street Journal, Financial Times, and BBC Radio. economicparables.townhall.com
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