Home
/
RELIGION & LIBERTY ONLINE
/
Toward an Economics of Abundance
Toward an Economics of Abundance
Jan 15, 2026 9:59 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
Samuel Gregg: Why America needs a patriotic case for free trade
“While the economic arguments for free trade pelling, the political rationale requires a long-overdue overhaul,” says Samuel Gregg, Acton’s research director. Writing at Public Discourse, Gregg argues that America needs a patriotic case for free trade: So how does free trade bolster America’s standing in the world? Here are three particular benefits that free traders might consider emphasizing. First, free trade helps make America a more economically flexible and disciplined country. Openness to petition prevents, for example, American businesses from...
5 Facts for World Water Day
Today is the 25th annual observance of World Water Day, a global initiative to focus attention on the importance of freshwater. Here are five facts you should know about safe and accessible water: 1. According to the United States Geological Survey Water Science School, almost two-thirds (71 percent) of the Earth’s surface is covered in water, though only 3.5 percent is freshwater. Out of the supply of freshwater: 68.7 percent is contained in ice caps, glaciers, and permanent snow; 30.1...
Mao’s ‘rational faith’: How communist China sought to replace God
In light of Greg Forster’s Acton lecture on Whittaker Chambers, the famous Soviet spy who later converted to Christianity, I recently noted Chambers’ routine reminders munism is not, fundamentally, about a certain menu of economic theories or political tactics. “[Communism] is not just the writings of Marx and Lenin, dialectical materialism, the Politburo, the labor theory of value, the theory of the general strike, the Red Army, the secret police, labor camps, underground conspiracy, the dictatorship of the proletariat, the...
The new middle: BMW joins the apprenticeship renaissance
I recently highlighted the rise of hands-on vocational training in educational institutions across the State of Colorado, wondering whether such developments might signal the beginning of anapprenticeship renaissance in the United States. Indeed, many panies and industries are taking a similar approach, experimenting with a range of models for cultivating human capital in the modern age. In South Carolina, for example, BMW is now expanding its apprenticeship program at one of its largest manufacturing plants. BMW currently trains about 35...
The unintended consequences of ‘ban the box’ legislation
Series note: Most of us realize that, for all our disagreements, our neighbors often have the best of intentions. But when es to public policy, good intentions are not enough to create human flourishing. That’s why a primary task of the Acton Institute is “connecting good intentions with sound economics.” Without sound economics as a foundation, good intentions tend to lead to detrimental unintended consequences. In this occasional series we examine policies and practices that are well-intended, but have negative,...
West silent as genocide lurks in Syria
“This month marks the seventh anniversary of the start of the Syrian Civil War,” notes Trey Dimsdale in this week’s Acton Commentary. “Syria was, albeit governed by dictator Bashar al-Assad, a stable nation but today it is in ruins, with so many fault lines and battlefields that it is nearly impossible to sort out the contending interests inside the nation. The ripples of the conflict have reached every continent.” The war has given rise to the Islamic State, has triggered...
The bishop, Balaam, and communism
‘Weltchronik. Böhmen’ by Rudolf von Ems Public Domain Lester DeKoster begins his book Communism and Christian Faith, now out in a new edition from Christian’s Library Press, with a quote from Bishop Joseph Butler’s sermon ‘Upon the Character of Balaam’: “Things and actions are what they are, and their consequences will be what they will be: why then should we seek to be deceived?” At first it seems transparently simple, obvious really, but in our day-to-day lives it is as...
Why do Russian oligarchs hide their money in London?
Former Russian intelligence agent Sergei Skripal and his daughter Yulia are clinging to life after being attacked with nerve gas in Salisbury. British Prime Minister Theresa May and Foreign Secretary Boris Johnson plan to target the finances of Russian oligarchs in retaliation. Russian elites have spirited their cash to the UK via a dizzying array of British banks, businesses, and luxury properties: British banks reportedly processed $738 million in funds from an elaborate Russian money-laundering scheme known as “The Laundromat”;Transparency...
Radio Free Acton: Tech & Work: The effect of technology on farming; Upstream on ‘The Rending and the Nest’
On this episode of Radio Free Acton, Dan Churchwell, associate director of program outreach at Acton, speaks with Kevin Scott, a farmer from Valley Springs, SD, on sustainable farming and growing technology as well as the dramatic changes in agriculture that have taken place due to new technologies. Then, on the Upstream segment, Bruce Edward Walker talks with author Kaethe Schwehn on her new dystopian novel“The Rending and the Nest.” Check out these additional resources on this week’s podcast topics:...
How real GDP per capita measures standard of living
Note: This is post #72 in a weekly video series on basic economics. If money can’t buy happiness, why do we measure standard of living in economic terms, specifically GDP per capita? A primary reason is that increases in real GDP per capita also correlate to improvements in those things money can’t buy, such as health and happiness. In this video by Marginal Revolution University,Alex Tabarrok explains why it’s a helpful measure—and where it falls short. (If you find the...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved