Category Archives: Economics

Dealing with Boom and Bust

This is the next in our series of posts critiquing Wayne Grudem’s book Politics According to the Bible. Today we’re finishing up the chapter on economics by looking at the issue of recessions, and how best to get out of them. This section starts by talking about the state of the US economy around the […]

Death and Taxes

This is the next in our series of posts critiquing the arguments of Wayne Grudem’s book Politics According to the Bible. Today, we’re going to wrap up the section looking at taxation, by covering some specific taxes. Taxes on inheritance Grudem deals with the American estate tax (this is the same thing as Britain’s inheritance […]

Taxes: Who should pay what?

Today we’re continuing our critique of Wayne Grudem’s Politics According to the BIble by looking at the issue of taxes. Last time, we looked at some wider questions about the tax system, today we’re looking at the balance of tax between rich and poor, and between people and corporations. Income tax: who should pay what? […]

Who should pay tax?

This is the latest in our series of posts critiquing Wayne Grudem’s book Politics According to the Bible. Today we’re looking at the issue of taxation. Grudem starts with the most fundamental principle of taxation – whether it should happen or not. He points out that Jesus endorsed the principle of taxation in Matthew 22:17-21, […]

Poverty and Equality

This is the latest in a series of posts critiquing the arguments in Wayne Grudem’s book Politics According to the Bible. Today we’re tackling the twin issues of poverty and equality. Should we tax the rich? Grudem begins by arguing that it isn’t fair for governments to take more money from the rich simply because […]

Free Markets: Do they work?

This is the next post in the series critiquing Wayne Grudem’s book Politics According to the Bible. We’re currently in the middle of his section on the aims of economic policy. Today we focus in on his arguments about free markets. Grudem begins by marking out some fairly widely agreed common ground – there needs […]

What’s the point of economic policy?

This is the latest in our series of posts critiquing Wayne Grudem’s book Politics According to the Bible. Today we’re looking at the question of what the main aim of economic policy should be. Grudem doesn’t directly address this question, although it is clearly one of the most important questions to ask when deciding policy. […]

Half a million march against the cuts

Yesterday, I was at the TUC-organised march against the cuts. It was a fairly standard demonstration – you march from A to B, and then when you get to B, there are speeches. For the most part, there was something of a carnival atmosphere, with samba bands, brass bands, and choirs amongst the marchers. The […]

The Tax on Takeaways

Apparently, Oldham Council are considering a one-off tax on takeaways in a bid to tackle obesity. Whilst most of the news coverage focuses on whether this will help tackle the problem or not, I think that this raises a couple of wider issues. Firstly, there’s the issue that this tax may well be regressive – […]

The real impact of the cuts

Thought I’d share a post I wrote for Coventry Green Voice regarding the impact of the cuts. Enjoy. George Osborne apparently believes that the cuts he announced yesterday are the salvation of the economy, and of the government’s finances. However, in reality, they will seriously damage both our economy and our society. Lets look at […]