Home
/
RELIGION & LIBERTY ONLINE
/
Toward an Economics of Abundance
Toward an Economics of Abundance
Jan 21, 2026 11:03 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
Mandating Monolithic Medicine
Among the warnings sounded as the Democratic health care reform bill was being debated was that the federal insurance mandate included in the bill—even though not national health care per se—would essentially give the federal government control of the insurance industry. The reason: If everyone is forced to buy insurance, then the government must deem what sort of insurance qualifies as adequate to meet the mandate. This piece of Obamacare promises to turn every medical procedure into a major political...
Explaining the New Democratic Logo
“The new Democratic logo is so bad that the intellectual rot in the official announcement went largely unnoticed.” The rest of my piece is here at The American Spectator. ...
Journal of Religion and Business Ethics
The latest issue of the newly launched Journal of Religion and Business Ethics is now available (vol. 1, no. 2). Check out the contents at their website. From the journal’s about page: “The Journal of Religion and Business Ethics is a peer-reviewed journal that examines the ethical and religious issues that arise in the modern business setting. While much attention has been given to the philosophical treatment of business ethics, this is the first journal to address the more inclusive...
Radio Free Acton: The Stewardship of Art, Part 2
Last week, we posted part 1 of our podcast on the proper Christian stewardship of art; for those who have been waiting for the conclusion, we’re happy to present part 2. David Michael Phelps continues to lead the discussion between Professors Nathan Jacobs and Calvin Seerveld, who previously debated this topic in the Controversy section of our Journal of Markets & Morality. The first portion of that exchange is available at the link for part 1; the remainder of the...
Work as if It Mattered
The conversations over the last few weeks here on work have raised a couple of questions. In the context of criticisms on the perspectives on work articulated by Lester DeKoster and defended by menter John E. asks, “…what is it that you hope readers will change in their lives, and why?” I want to change people’s view of their work. I want them to see how it has value not simply as a means to some other end, but in...
The Daily Show Takes on a Union
The Daily Show exposes some union hypocrisy (HT). In the words of the union local head, es down to greed”: ...
The Politics of Crony Unionism
Last week’s Acton Commentary and blog post focused on my claims about “crony unionism” and how the intimate relationship between Big Labor and Big Government corrupt both. Here’s another instance of the kinds of gross conflicts of interest produced by this relationship: It’s hard to see this as anything but partisan pandering on the part of the largest public sector union, the American Federation of State, County, and Municipal Employees (AFSCME). Meanwhile, the Washington Post asks, “Was politics behind the...
A Lesson from Michigan: Time to End Crony Unionism
In this week’s Acton Commentary, I take a look at the prospects of “right-to-work” legislation in Michigan, “A Lesson from Michigan: Time to End Crony Unionism.” One of the things that disturbs me the most about what I call “crony unionism” is the hand-in-glove relationship between the labor unions and big government. We have the same kind of special pleading and rent seeking in this system as we do in crony capitalism, but the labor unions enjoy such special protection...
Rev. Sirico: Respect others’ rights, but also their values
A new column by Rev. Robert A. Sirico, president and co-founder of the Acton Institute, was published today in the Detroit News. This column will also be linked in tomorrow’s Acton News & Commentary. Sign up for the free weekly Acton newsletter here. +++++++++ Faith and policy: Respect others’ rights, but also their values FATHER ROBERT SIRICO If such an award were to be given for the Most Contentious Religious Story of 2010, the two main contenders would undoubtedly be...
Envy: A Deadly (Economic) Sin
Victor Claar, Acton University lecturer and professor of economics at Henderson State University, will give a talk tonight in Washington, D.C., hosted by AEI, “Grieving the Good of Others: Envy and Economics.” If you are in the area, you are encouraged to attend and hear Dr. Claar as well as two respondents discuss the topic of envy and its moral and economic consequences. Here’s a description of the event: Critics of capitalism often argue that this economic system is irretrievably...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved