Tag: purchasing power parity

Theologians & Economists: The Rise of Unprecedented Prosperity (2)

Aug 27, 2009

—

by

mwkruse

in Capitalism and Markets, Economic Development, Economics, Series: Theologians and Economists, Theology

[Series Index] (Continued) Economic Growth When most people think of economic disparity, they usually think in terms of income. Income is correlated with other factors that empower us to survive and thrive. What can we say about per capita income on a historical basis? Comparing income across eras is difficult. Inflation and other variables make…
Theologians & Economists: The Rise of Unprecedented Prosperity (1)

Aug 26, 2009

—

by

mwkruse

in Capitalism and Markets, Series: Theologians and Economists

[Series Index] Is the state of the world getting better or getting worse? Our mission is to seek the greatest shalom possible in the world, always aware that shalom in its fullness will only be recognized at the consummation of the new creation at Christ's return. But how would we measure shalom? Isaiah 65:17-25 gives…