Home
/
RELIGION & LIBERTY ONLINE
/
Toward an Economics of Abundance
Toward an Economics of Abundance
Aug 25, 2026 7:39 PM

Over at the Reformation21 blog, Michael pares what he calls the “scarcity mindset” of the world with the “abundance mentality” of God, noting that “the world as we see it is open to the creative and transformative power of the Lord God.”

Although Jensen’s portrait of civilizational progress is undeservedly bleak (if anything, we’re learning to see beyond scarcity), and although he overstates theconflict between “growing populations” and “diminishing resources” (see Matt Ridley et al), he manages toframethe basic theology quite well:

A theistic worldview, and in particular the Christian one, has at the heart of reality the three-personed God of Love, whose creative energy made everything from nothing at all by his Word, and who makes a great nation out of the fruitless loins of Abraham, and who gives life even to the dead. His grace abounds; his abundance overflows. He enters into, blesses, and renews the earth. The Old Testament testifies again and again to the renewing power of the divine breath upon the earth.

The emblematic episode was the Exodus: a feeding in the wilderness, in which God reminded Israel of the title that Abraham had given him when he provided a ram to substitute for Isaac:yhwh yrh, the God who provides. The manna from heaven was not a natural co-incidence. It was miraculous. It wasn’t supposed to be there – it exceeded nature’s fruitfulness, and enabled survival in the wilderness, where nature was in fact barren…The feeding of the five thousand is the New Testament counterpart to the feeding in the Exodus. The 5000 who gathered in the desert ate from two fish and five loaves, and were satisfied. And, in excess of the Exodus miracle, there were twelve baskets of left overs! The miracle was a provision beyond necessity, to excess.

Of course, as with all the miracles, it’s an object lesson. This is a great extraordinary picture of what the world, when God rules it once for all, will look like. And it isn’t a world in which things will run out. It’s a world in which things overflow, because that’s the character of the God who made it. This is the God who made everything from nothing, not with any strain, but by a word; and the God who gives life to dead. This is the God whose artistry fills the heavens at night, and who has filled the earth with so many creatures that we haven’t counted them all yet. And this is the God, who, despite our willingness to believe that he has our good in mind, gives us even his own Son to supply what we need.

Again, I think these glimpses into the abundance of the not yet are far more prevalent in the here and now than Jensen seems to believe. We have seenunprecedented bursts of innovative and value-creative activity in so many ways, leading to more material needs being met and more bellies being filled thanever before. Surely human greed and vice continue to tempt folks throughout all of that, and the “scarcity mindset” is alive and well among many. But free societies have secured gains not out of quest for self, but by learning to orientinventors, entrepreneurs, and employeesin the service of neighbor.

And yet, even with mon-grace,“abundance-colored” achievements, first things ought tobe first.

If we hope to glorify God to the fullest across all spheres life, we must, as Jensen says, orient our gratitude and gift-giving accordingly, yielding glory and honor unto the source of every good and perfect thing. We serve a God of abundance, of mysterious and divine multiplication, and as his image bearers and co-creators, we have access to power that mustn’t be ignored or squandered.

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
Pro-democracy media entrepreneur Jimmy Lai arrested in Hong Kong
Hong Kong-based media entrepreneur and pro-democracy activist Jimmy Lai was arrested by police in Hong Kong on the morning of Monday, August 10. Lai has been charged with “collusion with foreign powers,” according to Next Digital executive and Lai’s aide Mark Simon. Rev. Robert Sirico, president and co-founder of the Acton Institute, has released the follow statement on the incident: As expected, Hong Kong media entrepreneur and pro-democracy activist Jimmy Lai was arrested Monday morning by police in Hong Kong...
5 reasons your local newspaper (probably) deserves your money
In the past five years, one out of every five newspapers nationwide has closed and half of all newsroom employees have been laid off, according to the University of North Carolina’s School of Media and Journalism. The question is why should you care? Everything takes its course, and then something else takes its place. In this case, social media and national television networks are running small, local newspapers out of business. But the truth is that these new media sources...
Herman Cain, RIP
Herman Cain, the 2012 Republican presidential hopeful and former CEO of Godfather’s Pizza, passed away early Thursday morning at the age of 74. During his meteoric rise from poverty to the heights of the business world, Cain shared his faith in Christ, free markets, and the American dream. A former cancer survivor, he was hospitalized on July 1 plications from COVID-19. He leaves behind his wife, the former Gloria Etchison, and two children: Melanie and Vincent. Cain was born on...
Population bust fueled COVID-19 spread: Study
The onslaught of the coronavirus global pandemic suspended the normal working of the economy, but it proved two less-noted truths: The family affects everything, including the economy; and a rising population saves lives. A recent study found that the number of deaths caused by COVID-19 would have been lower if society “had maintained the patterns of fertility, nuptiality, marital stability, and household structure that existed in 1976.” Had population trends held steady, COVID-19 deaths would have been lower as a...
Reviving Native American economies through dignity, property, and personhood
“Let me be a free man – free to travel, free to stop, free to work, free to trade where I choose, free to choose my own teachers, free to follow the religion of my fathers, free to talk, think and act for myself – and I will obey every law or submit to the penalty.” – Chief Joseph, Lincoln Hall Speech, 1879. America prides itself on a distinctive legacy of freedom and justice. Yet despite our nation’s many enduring...
Acton Line podcast: Critiquing the 1619 Project with Phil Magness
Since debuting in the New York Times Magazine on August 14, 2019, the 1619 Project has ignited a debate about American history, the founding of the country and the legacy emanating from the nation’s history with chattel slavery. The project’s creator and editor, Nikole Hannah-Jones, has described the project as seeking to place “the consequences of slavery and the contributions of black Americans at the very center of our national narrative.” Components of a related school curriculum have been adopted...
Fake friends: the dangers of the internet mob
In his memoir,Defying Hitler, Sebastian Haffner reflects on the social climate that characterized Nazi Germany. In particular, he describes how “[the Nazis had] made all Germans everywhere rades.” Author David Rieff explains why Haffner saw this as “a moral catastrophe”: This emphatically was not radeship was never a good thing. To the contrary … it was a great and fort and help for people who had to live under unbearable, inhuman conditions, above all in war. But Haffner was equally...
Why do we embrace ‘cancel culture’?
Online disagreements, and even unintended slips, can end a person’s career. One stray word is all it takes to turn a hero into a pariah. What lies behind the hair-trigger we have placed on the reflex to “cancel” others? It may be a matter of confusing two separate moral codes. Several economists, including Paul Heyne, Geoffrey Lea, and Kenneth Boulding, have made the distinction between two codes of conduct. On one hand, we have the code of “Micro” relationships between...
What’s behind the Beirut explosion? Corruption ‘greater than the state’
On Monday, the Lebanese government resigned. Public pressure on the government had been relentless in the wake of two devastating explosions on the afternoon of August 4 at the port in the nation’s capital city, Beirut. The explosions caused at least 220 deaths, 7,000 injuries, billions in property damage, and have left hundreds of thousands homeless. These explosions were caused by the ignition of 2,750 tons of ammonium nitrate stored in an unsecured warehouse at Beirut’s cargo port. The ammonium...
6 quotes: Milton Friedman on woke capitalism, racism, and equality
Milton Friedman was born on July 31, 1912. His work in pioneering monetary theory at the University of Chicago would win him the Nobel Prize for Economic Sciences in 1976 and popularize a new school of free-market economics, “The Chicago School.” He went on to advise a host of political leaders around the world, including President Ronald Reagan and UK Prime Minister Margaret Thatcher. He also brought his views to a national audience, on public television, through two PBS miniseries...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved