LOVE AND MONEY
I'm about as free-market as they come, not to mention the last person you'll find joining a commune. All the more, I guess, to take to heart this finding by a group of researchers, that money can undermine community. (As linked to from Greg Mankiw's blog.) As currency, money allows us to be more independent, which is not a bad thing and is actually usually a pretty good thing.
But let's be mindful that while money is neutral, our sinful hearts are not. And so absent actively seeking to reconcile our thoughts and actions to the will of our Maker - interdependent with others, seeking kingdom outcomes, generously helping those in need - we will slide into a me-focused, me-alone lifestyle.
After 9/11 hit, we were told to keep on spending "or else the terrorists have won." Many of us responded to global terrorism by "cocooning," which retailers took to mean convincing us to pimp our kitchens, backyards, and garages. And as people have perceived the economy to be shaky, we've indulged in "stay-cations" in response. These were all times that we could have reclaimed a lifestyle that was more thoughtful about consumption. Instead, we spent ourselves into oblivion and isolation.
Consumption is neutral. But our sinful hearts are not. The faithful response is not to shun money but to master it; or, more accurately, to not let it master me, but rather to remember who my real Master is. My take-away from this recent study's findings is to remind myself to actively seek to use money and consumption for positive ends. Because, without thinking about it, we'll slide into bad habits.
73-91 born SEA lived SJC 00 married (Amy) home (UCity) 05 Jada (PRC) 07 Aaron (ROC) 15 Asher (OKC) | 91-95 BS Wharton (Acctg Mgmt) 04-06 MPA Fels (EconDev PubFnc) 12-19 Prof GAFL517 (Fels) | 95-05 EVP Enterprise Ctr 06-12 Dir Econsult Corp 13- Principal Econsult Solns 18-21 Phila Schl Board 19- Owner Lee A Huang Rentals LLC | Bds/Adv: Asian Chamber, Penn Weitzman, PIDC, UPA, YMCA | Mmbr: Brit Amer Proj, James Brister Society
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1 comment:
Excellent analysis! Especially post 9.11 "Go out and buy stock, rack up debt, and then default on your loans" sentiment, which we are now clearly seeing the shortsightedness of.
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