Economy

  • We interrupt this blog for an important breaking news bulletin: Starbucks is going INSTANT. Yes, you heard that right. They are going to peddle (I shudder at the thought) instant coffee. When I first got into “real” coffee years ago I read Howard Schultz’s book on the founding of Starbucks. He was such a purist.… Read more

  • This article from Great Britain has some interesting thoughts about selfish capitalism. There are things I so deeply appreciate about the Roman Catholic Church. There is a sense of calling people back to what is biblical. (I will admit that even that call can seem hypocritical at times when one looks at the splendor of… Read more

  • Prophetic Thoughts on the Current Economy Mark Galli at Christianity Today does it again. He slaps us awake with some timely lessons from Amos the prophet (that’s in the Old Testament, back half… the part you skip over getting to Matthew). Anyway… read the article. Read more

  • “Crises are the ultimate in painful learning experiences. The United States cannot afford to squander this opportunity. Runaway consumption must now give way to a renewal of saving and investment. That’s the best hope for economic recovery and for America’s longer-term economic prosperity.” — Stephen S. Roach on a NY Times commentary. These are also… Read more

  • “Crises are the ultimate in painful learning experiences. The United States cannot afford to squander this opportunity. Runaway consumption must now give way to a renewal of saving and investment. That’s the best hope for economic recovery and for America’s longer-term economic prosperity.” — Stephen S. Roach on a NY Times commentary. These are also… Read more

  • Loss of social networks? David Brooks wrote an interesting column in the NY Times this week. He made observations about the shift in the middle class because of the recession. These are his last paragraphs: “They will suffer lifestyle reversals. Over the past decade, millions of Americans have had unprecedented access to affordable luxuries, thanks… Read more

  • Loss of social networks? David Brooks wrote an interesting column in the NY Times this week. He made observations about the shift in the middle class because of the recession. These are his last paragraphs: “They will suffer lifestyle reversals. Over the past decade, millions of Americans have had unprecedented access to affordable luxuries, thanks… Read more

  • Greed is GoodThe quote from the movie “Wall Street” is still echoing today. It’s how we are in this mess right now. It’s all of us. From my own city, a story of greed hits a major ministry. A huge giver with big business interests gets involved with a major ministry helping drug addicts and… Read more

  • Greed is GoodThe quote from the movie “Wall Street” is still echoing today. It’s how we are in this mess right now. It’s all of us. From my own city, a story of greed hits a major ministry. A huge giver with big business interests gets involved with a major ministry helping drug addicts and… Read more

  • More thoughts on the financial crisis… Today the House voted DOWN the financial bailout package. It was not exactly a slam dunk for either party. The Democrats had 40% of their members vote against the package and the Republicans had over 60% vote against the bill. More on that later. There are heated debates flowing… Read more