The following summaries cover a series of chapters on Economics from my book, Tents Before Temples: Rough Drafts on Building a Culture That Lasts. This comprises the second half of part 2, “Wilderness”, which is focused on identifying the cultural environment in which we currently live.
Chapter 16: Scarcity (Economics: Part 1) (pp. 243–254)
Summary: This chapter critiques top-down economic fixes (e.g., Theonomy, p. 243) as impractical, advocating bottom-up resilience inspired by biblical principles (p. 244). Modern fights over scarce goods (e.g., Stanley cups, p. 245) mirror ancient crises, driven by elite manipulation (p. 246). Economics intertwines with politics and culture (p. 246), as seen in Joseph’s faith-based grain control (Genesis 47, p. 247) and Gilder’s altruistic capitalism (p. 249). Faith—trust in effort and relationships—underpins economies (p. 248), but misplaced faith in material idols (e.g., smartphones, p. 251) echoes ancient polytheism (p. 252). Greco-Roman temple economies exploited slaves and hedonism (p. 253), collapsing under redundancy (p. 254), a warning for today’s wilderness (p. 245).
Key Themes: Scarcity’s social roots, faith-driven economics, idolatry’s pitfalls, bottom-up solutions, ancient-modern parallels.
Chapter 17: Created Gods (Economics: Part 2) (pp. 255–267)
Summary: This chapter likens modern influencers to ancient gods, wielding economic power via attention (p. 255). Algorithms amplify human-like deities (e.g., Zeus as power, Aphrodite as desire, p. 257–259), mirroring Greco-Roman rivalries (p. 260). Today’s digital tribes (e.g., woke, trad, p. 261) serve a Zeus-like spirit (materialism, p. 262) akin to Rome’s imperial cult (p. 262). Masculine (Ares, p. 263) and feminine (Aphrodite, Artemis, p. 264) archetypes fuel hedonism and independence, but Christianity’s hope disrupted Ephesus’s temple economy (Acts 19, p. 266), offering true freedom over idolatry (p. 267).
Key Themes: Influencer gods, digital polytheism, moral relativity, economic exploitation, Christian disruption.
Chapter 18: Glittering Illusion (pp. 268–286)
Summary: This chapter explores humanity’s fascination with wealth’s illusion, using Laura Ingalls’ fool’s gold (p. 268) as a metaphor for chasing lotteries or fame (p. 269). Vision and imagination—God-given tools (Genesis 1:14-16, p. 271)—drive this, but shortcuts (e.g., magic, p. 271) distort them into idolatry (p. 272). Silver’s reflectivity fueled Ephesus’s economy (Acts 19, p. 273), paralleling Rome’s imperial cult, where Caesar’s coin symbolized power (Luke 20:19-25, p. 275). Humans, not coins, bear God’s image (p. 278), deformed by conformity (Romans 12:1-2, p. 279) but redeemable through transformation. Silver’s properties—mirrors, photography, conductivity—later amplified this illusion (p. 282), shifting from Narcissus’s vanity (p. 283) to smartphones projecting desires (p. 286).
Key Themes: Wealth’s allure, vision’s dual nature, silver’s economic role, imperial idolatry, human image vs. conformity.
Chapter 19: God & Mammon (Economics: Part 4) (pp. 287–304)
Summary: This chapter reframes “love of money” (1 Timothy 6:10) as covetousness, not evil itself (p. 287), critiquing misinterpretations (p. 288). Money’s symbolic utility (e.g., salt, gold, p. 290) evolved into fiat debt (p. 291), trapping people in loans (p. 292) and skewing life choices (e.g., education, p. 293). Cost-of-living disparities (Boston vs. Irmo, p. 294) highlight value over price (p. 295). Covetousness, per Girard’s mimetic desire (p. 297), underlies all sins (Matthew 5:21-28, p. 298), driving economic chaos (e.g., cow scenario, p. 299). Elites exploit this (e.g., David, p. 300; WEF’s “own nothing,” p. 302), creating a circular economy of control (p. 303), against biblical flourishing (p. 303).
Key Themes: Money’s symbolism, covetousness as root sin, debt’s trap, elite exploitation, value vs. price.
Chapter 20: Virtue & Vice (Economics: Part 5) (pp. 305–319)
Summary: This chapter examines how economic incentives distort and transform virtues into vices. Welfare incentivizes single motherhood and crime (p. 305), while drug prohibition boosts addiction’s profitability (p. 306). Sex’s commodification—via Rousseau, Sade, Kinsey (p. 307–308)—escalated with advertising (p. 309), blurring art and porn (Jacobellis v. Ohio, p. 310). Tobacco’s marketing (e.g., Bernays, p. 311) and cartoons (e.g., He-Man, p. 313) hooked kids, splitting gender desires (p. 314). Internet porn and trafficking thrive on this (p. 316), trading family for short-term gain (p. 317). Biblical genealogy and generosity (Deuteronomy 10:17-19, p. 319) offer long-term wealth over market-driven vice.
Key Themes: Incentives’ perversity, sex’s economic shift, advertising’s power, short-term vs. long-term value, generosity’s resilience.
Chapter 21: Cryptocurrency (Economics: Part 6) (pp. 320–328)
Summary: This chapter explores cryptocurrency as a response to fiat currency’s flaws, predicting bartering or black markets if inflation or central bank digital currencies (CBDCs) dominate (p. 320). Bitcoin’s proof-of-work model ties value to energy expended (p. 321), contrasting with proof-of-stake’s elitism (p. 322). Its decentralized, finite nature (21 million coins) resists corruption (p. 322), though trust in adoption remains key (p. 323). Critics like Max Keiser risk idolatry (p. 324), and Bitcoin can’t erase human covetousness or replace communal trust (p. 324). A multi-currency system (e.g., Real Estate Bux, Vice Bux) could incentivize virtue over vice (p. 325–327), balancing regulation and freedom (p. 328), starting with children’s allowances (p. 328).
Key Themes: Crypto’s potential, Bitcoin’s mechanics, trust’s necessity, multi-currency incentives, virtue-driven economics.
Chapter 22: Productive Property (Economics: Part 7) (pp. 329–339)
Summary: This chapter frames private property—rooted in the Tenth Commandment (p. 330)—as civilization’s bedrock, contrasting biblical stewardship with modern erosion (p. 331). Land ownership is complicated by zoning and squatters’ rights (p. 332–333), but productive property (e.g., fields, tools) generates wealth (p. 334). Biblical laws (e.g., Exodus 22:1-4, p. 334) favor increase over hoarding, fostering community via generosity (p. 336). Debt, once trust-based, now enslaves (Proverbs 22:7, p. 336), yet Jesus’ lending ethos (Luke 6:34-36, p. 337) redeems it. Old gods’ virtues (e.g., strength, beauty) can be repurposed sans idolatry (p. 338), as Christianity outlasts Artemis’s cult (p. 339).
Key Themes: Private property’s value, productivity vs. covetousness, debt’s evolution, generous stewardship, cultural redemption.
Summary of the Economics Section (Chapters 16–22)
The economics arc critiques modernity’s monetary systems, proposing biblical alternatives. Ch. 16 rejects top-down fixes (Theonomy, p. 243), tracing scarcity and idolatry from ancient temples to today’s elites (p. 246), with faith as economics’ driver (p. 248). Ch. 17 likens influencers to gods, exploiting attention (p. 255), undone by Christianity’s hope (p. 266). Ch. 18 ties silver’s allure to imperial cults (p. 275), urging transformation over conformity (p. 279). Ch. 19 redefines “love of money” as covetousness (p. 287), exposing debt’s traps (p. 291) and elite schemes (e.g., WEF, p. 302). Ch. 20 shows incentives turning virtues to vices (e.g., sex, drugs, p. 306–316), favoring family over profit (p. 317). Ch. 21 sees cryptocurrency resisting fiat corruption (p. 322), suggesting multi-currency virtue (p. 325). Ch. 22 champions productive property (p. 334) and trust-based lending (p. 337), redeeming culture’s remnants (p. 338).
Core Themes: Modernity’s economic idolatry—fiat debt, elite control, vice-driven markets—contrasts with biblical principles of faith, productivity, and generosity. Bottom-up solutions (crypto, property) aim for resilience, not utopia, rooted in God’s image (Ch. 18, p. 278).