Tag: industrial revolution

The Other Six Days: C5 – Work in Historical Perspective

Mar 12, 2007

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by

mwkruse

in History, Series: Other Six Days (Book Discussion), Theology, Vocation

The Other Six Days Part Two – Summoned and Equipped by God: Chapter 5 – Doing the Lord's Work Work in Historical Perspective For the purposes of this book, Stevens defines work as "…purposeful activity involving mental, emotional or physical energy, or all three, whether remunerated or not." Stevens reminds us that the nature of…
Theology and Economics: Captial Markets (Part 4)

May 30, 2006

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by

mwkruse

in Capitalism and Markets, Economics, History, Series: Theology and Economics

Industrial Revolution to Present Over the last two centuries, we have seen exponential growth in capital markets and capital formation. The key to this growth has been the creation of mechanisms allowing large enterprises to aggregate enormous sums of capital. Besides the owner's personal equity, nearly all business financing was secured in debt until the…