Home
/
RELIGION & LIBERTY ONLINE
/
Hope: the theological, economic virtue
Hope: the theological, economic virtue
Jan 26, 2026 7:39 AM

On Holy Saturday, I wrote the last of my series of “Lentenomics” articles on virtues and the good economy for the Italian daily La Nuova Bussola Quotidiana. I invited readers to reflect on “Hope: In ourselves and in our exchanges with others and God.”

Without hope–which I divide into its natural and supernatural dimensions–I conclude that economies would neither stimulate risk nor develop a culture of trust among fellow market participants and God. As a result, they would not form collaborative ventures such panies, corporations, and multinationals.

What’s worse, I conclude hopeless economies are basically dead and inevitably lose their freedom. Such despairing markets must be managed by mand-and-control regimes that tell economic actors what to do, when they can do it, and with whom they may collaborate. Distrusting economies neither hope in man’s natural abilities to help himself by exercising our vocational roles nor express supernatural hope in God’s providence for the economy.

I write:

Hope is the most ethereal of all virtues. Few of us understand it well. We instinctually have “some feeling” about what hope means. In our spontaneous expressions of “I hope so, I really hope that, hoping for the best…” we express some form of confidence and wish for happy es. But we often don’t know why we hope. plicate matters, hope is really two virtues rolled into one. Hope is partlysupernatural(theological) and partlynatural (human). In brief, we hope in God and his supernatural capacity to interact with and save us andwe hope in man and his natural capacity to help himself and others.

Without theological hope, our expressions of human hope have no long-term fuel and eternal motivation. Without theological hope, human hope in itself has absolutely no solid justification. Human hope is based on a firm belief that man is naturally empowered by Godwith individual talents and giftsfor freely doing marvelous and magnanimous deeds. No supernatural God means no natural, God-given abilities, and thus no human hope. Without either forms of hope, we live in a godless world defined by imperfection, isolation, and brokenness. It is a dark existence without a generous God who gives us everything we need to live well on earth.

To be clear, God doesn’t want us hoping in Him alone. He doesn’t want to do everything for us, like some sugar daddy who spoils us rotten. God also wants us to help ourselves; otherwise we don’t praise and affirm his gifts to us. These gifts grant us natural hope to do immense good freely by our own will. So, God wants us to have some merit and responsibility for our salvation. He encourages us to cooperate personally with Him to help deliver ourselves and our fellow men from malice. …

This free cooperation of individuals persons trusting in themselves, in their neighbor, and in their God, is what now leads us to speak about economics.

Firstly, this triune trust and cooperation is a reflection of what theologians call the Economic Trinity. The Economic Trinity is the union of absolute hope and mutual cooperation between three Godheads who interrelate perfectly with one another and positively for the salvation of the world. Therefore, any Christian economic society on earth should be anchored in this inspiring, symbiotic, and organically cooperative divine economy.

Secondly, what we can then conclude about the Economic Trinity is that it is in no way a top-down or centralized chain mand. This leads us to mand-and-control human economic models (e.g., Cuba, Venezuela, China, and the former USSR) that are not based on the mutual, free cooperation of divinely gifted persons. We understand how they lead to the opposite of hope: the despair that is painfully evident in these destitute and self-destructive regimes that cannot even take care of themselves.

munist economies bring about despair, because they purposely eradicate natural and theological hope. Communist economies have always promoted atheism, because God is the archenemy of the “Almighty State” which “already gives everyone everything they need.” There’s simply no need for God. So, logically there are only “State-given gifts.” Hence, natural hope and theological hope pletely from such state-run economies. Communist economic participants can only “hope in hopelessly corrupt” political leaders and their untenable ideological agendas. These are the same few political-economic bosses who assign citizens their professions, who force labor, and who fix prices and supply to guarantee distribution and access to the products and services that are always in extremely short supply in such non-creative economies.

Free markets, on the other hands, count on our intuition of the mutual cooperation that should exist between free persons who trust in their God-given gifts to help themselves and others. Free markets advocate dreams, creativity, and vocations, thus hoping and trusting in God’s noble plan for each of us.

In conclusion, free markets are economies of hope and not desperation, where economic actors are naturally confident in themselves and God’s providential plan for individuals. They are economies that naturally risk, create, expect persons to invest, and naturally set up cooperatives and corporations of thousands of persons. They are the same economies that are capable of trusting and hoping in stakeholders from all over the world to form panies. Market-based economic societies promote freedom, trust, cooperation, and–above all–the self-confidence and creativity of God’s creatures. Such economies personify what we read in the Book of Ecclesiastes: “As for every man to whom God has given riches and wealth, He has also empowered him … to receive his reward and rejoice in his labour; this is the gift of God” (Eccl. 15: 19).

You can read the full article here.

Public domain.)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Christian Carnival CXLVI
Just in time to celebrate All Saints Day, I’m hosting this week’s Christian Carnival over at The Evangelical Ecologist. I visited each site while building the carnival page and was impressed by what was there. If it’s been a while since you’ve had a chance to expand your blogroll or your boundaries of contemporary Christian thought, you really should drop by. You’ll be encouraged and challenged in many ways. If you’re a Christian blogger, you can find out more about joining...
Ghosts in Paper Houses
One thing that they do over at GetReligion is track “ghosts” in news stories. I think I found one this morning on the CBS Morning Show, and it’s fitting to talk about it given that today is Halloween. The piece was on the charitable work of a Houston policeman, Bob Decker, who founded the charity Paper Houses Across the Border (video here). As part of their “Heroes Among Us” series, based on profiles published in People magazine, CBS described Decker’s...
The New Evangelical Role in the Public Square, Part 1
The role of evangelicals in the public square has been a major development in American life over the past twenty-five or thirty years. A recent spate of popular books has looked at this phenomenon very critically. The number of books from the political and religious left, arguing against the rise of the newer evangelical right, makes for a full shelf of books by now. Most of these popular and poorly written books sound like dire warnings about ing religious takeover...
Follow-Up on Climate Change at the Economist
About a month ago I posted some responses to the editorial position taken at the Economist. One of their claims was with regard to the Kyoto Protocol and that “European Union countries and Japan will probably hit their targets, even if Canada does not.” At the time I registered skepticism with respect to these estimates. Turns out my skepticism was well-founded. From Wired News: Between 1990 and 2004, emissions of all industrialized countries decreased by 3.3 percent, mostly because of...
Another Round in the Moyers/Beisner Saga
For those still interested, the latest installment of the Bill Moyers/Cal Beisner saga is in (for those of you who need refreshing, check out the posts here, here, and here. Moyers summarizes his side of the story with links here, under the section titled “Moyers and Beisner Exchange”). Last week, on Oct. 25, Bill Moyers circulated another letter to Beisner (linked in PDF here). As of Friday, Oct. 27, Beisner said, “Granted that I hope to pursue reconciliation consistent with...
Inflation: A Moral Problem
Despite signs of a cooling economy, the Fed is holding the line on interest rates. And reason is fairly simple: Worries about inflation. While there are many good reasons for fiscal restraint in the face of the inflation threat, there are also larger moral issues at work, says Sam Gregg. Inflation strikes at the economy’s ability to assist people to achieve their full human potential. “Tough monetary policy is not just good economics,” Gregg writes. “It’s also an exercise in...
The Catholicity of the Reformation: Musings on Reason, Will, and Natural Law, Part 5
This post examines Peter Martyr Vermigli’s understanding of natural law, while Part 6 will take up the natural-law thinking of Jerome Zanchi, Martyr’s former student and colleague. Martyr was born in Florence in 1499, entered the Augustinian Canons, and took a doctorate in theology at the leading center of Renaissance Aristotelianism, the University of Padua. His favorite authors were Aristotle and Thomas. In Italy he enjoyed a distinguished career as teacher, preacher, and abbot. By 1540 he was already Protestant...
Politics and the Experience of the Kingdom
Fr. Alexander Schmemann One of the blessings we can look forward to on election day in the United States is the certain knowledge that, at last, we’ll be able to turn on the radio or TV without having to endure the unrelieved assault of political advertising. There seems to be some strange metaphysical law of campaigning that encourages politicians to outrageously inflate the actual record of plishments, and outrageously enlarge the scope of hopeless promises, as the number of campaign...
CT on Political Races to Watch
Christianity Today has identified four political races to watch that “feature debates about issues of special concern to evangelicals.” One of these is Michigan’s race for governor between incumbent Jennifer Granholm and challenger Dick DeVos. CT is featuring the economy as an issue of evangelical concern in this race: The September news of massive layoffs by Ford has e far mon in Michigan. Unemployment stands at 7.1 percent, well above the national average. What’s bad for the state could be...
What is Truth!
Hugh Hewitt interviewed Andrew Sullivan on the radio last week about Sullivan’s book, The Conservative Soul: How We Lost It, How to Get It Back. Discussing the value of various figures throughout history as moral heroes, Sullivan speaks of “the great question that Pilate asked, what is truth? The truth is not quite as easy and as simple as we sometimes think it is. And the truth about everything, the meaning of the whole universe, is something that is, by...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved