Mark and Doug are two Christian economists seeking to combine economics and theology in a fun, thoughtful, and inviting fashion. The name of the blog is a reference to Jesus' admonition to his disciples to be "wise as serpents and innocent as doves" (Matthew 10:16) when going forth into the world. We hope you join the conversation.
Thursday, April 28, 2011
Galt's Gulch, South Carolina
Sunday, February 13, 2011
Shrug
Saturday, February 5, 2011
Final Jeopardy! (I)
------Luke 22:24-26
FINAL JEOPARDY ANSWER: This change in Jeopardy! rules is a favorite among economists because it demonstrates how people respond to changes in incentives.
FINAL JEOPARDY QUESTION: What was the end of what economists call "linear payoffs?"
Indeed, the popular game show JEOPARDY! is famous to economists because of a change in the rules between the Art Fleming and the Alex Trebek versions of the show. In the original version, contestants who had positive winnings at the end of all three rounds won that amount of money. In economics, that is called a linear payment scheme. In the new version, only the winner is paid the monetary value of their nominal winnings. In economics jargon, this latter is called a "tournament" payment scheme. A typical prediction in economics is that contestants facing FINAL JEOPARDY will behave in a more risk-loving (and therefore exciting) fashion if only the winner gets a monetary prize. Research that I've conducted with Duncan James of Fordham University demonstrates the general accuracy of the tournament model.
This is the first of three posts on this topic that I hope will do three things. First, argue that Jesus was critical of any transformation of life into inter-personal tournaments. Secondly, I'll give a personal example of the trap of tournament thinking. Thirdly, I hope to reiterate Doug's post below about the importance of understanding fairness and justice issues in non-market allocation.
For the first purpose, I opened with the Luke story... one of the good examples where Jesus warns us against viewing life as a tournament in which we receive utility from rank or status. Another example would be Matthew 20 in the parable of the workers in the field, who were bothered not simply by whether their own wages were just, but also for the relative comparisons between themselves and others.
There is plenty to be said about the direct dangers of money or power, but without any doubt Jesus warns us against treating life as a tournament in any aspect: monetary, political, or in our faith. Jesus is saying that he who dies with the most toys wins nothing, and that coming to Christ before someone else is nothing at all like Michael Phelps beating someone else to the buzzer.
Sunday, June 14, 2009
We Interrupt This Movie....
A problem with discussing Gran Torino is that it’s hard to talk about without spoiling the action for those who haven’t seen it. But, here’s a movie about life, death, sin, the consequences of sin, confession, redemption, transformation, the Sermon on the Mount, the parable of the Good Samaritan, Dirty Harry in retirement, appropriate lawn care, muscle cars, barbers, and a dog [and, a warning, language that risks offending just about anyone].
Presbyterians seem inclined to believe that it is written in the Gospels that all Bible studies must have one chapter in each of 13 weeks. Even if that is true, a Bible study based on Gran Torino could go the distance.
If those who haven’t seen the movie want to jump ship here, let me note just one example. How does the difference in Walt’s first and second response to the neighborhood problems speak to the debate as to whether Christian peacemaking is or is not pacifism? I argue that Walt’s transformation illustrates that the “use of force” is not at all the key issue: “force” (yes, I will argue actual physical force by one person directed against another) is an integral part of both of Walt’s plans. The difference was what was in Walt’s heart, and whose agenda he was following. Walt’s first response was a classic example of the fact that even if we thoroughly believe that we want to do good, if we put our own will and reason at the center of what defining what is “good,” we will miss God’s mark.
There are at least 12 other great discussions for Christians to be had from Gran Torino.
Next up from me, a return to “Trouble Indemnity,” adverse selection, and the case of the irritated elevator operator.
Monday, February 23, 2009
Long Live the "King"
Tuesday, December 23, 2008
Saturday, October 27, 2007
God Unlimited
As for the movie itself, I give it about 4 out of 5 stars, and I believe that (together with Rushmore) it will eventually be my favorite Wes Anderson movie after Bottle Rocket. In fact, I strongly suggest anyone who has not done so watch Bottle Rocket before watching Darjeeling Limited. Maybe no one else sees them this way, but I think of them as the first and second parts of what I hope will become a trilogy. In Bottle Rocket, an astonishingly young Owen Wilson leads two of his friends (including real brother Luke Wilson) on an amazing journey. In Darjeeling Limited a suddenly almost middle-age Owen Wilson (appearing almost like a middle-age Dignan) leads his two cinematic brothers on an equally amazing journey. To close out the circle of threes, our brothers will interact with another trio of friends/brothers in a way that will change their lives.
And now for the fun part for Wes Anderson fans --- yes, a lot of it is there [Wes Anderson spoilers follow]: Tiny metal toys, Mr. Kumar, cutaway sets, Eric Anderson drawings, slow motion, sunglasses, memorable music, lists of things, and the fitting completion of the yellow jump suits/red warm-up suits trilogy. Most importantly, however, we need to remember that when Bottle Rocket and Rushmore were released, a lot of "comedy" in TV and the movies was dominated by cynicism, irony, and generally laughing at making people look like jerks. There was none of that in Wes Anderson. His characters fall in and out of love and back in again (Anthony and Inez; both Max and Herman with Rosemary, who's still in love with her late husband). They live on their dreams (Dignan and Max). When Dignan says to his friends, who are struggling to act normal watching him in prison, "We did it though, didn't we!", criminal that he is, he became one of my favorite characters in all of the movies.
Remember that Jesus was tried as a criminal and crucified, and that not any of his disciples standing around the cross could have understood, at that time, what he meant by "It is finished." The Gospel is the opposite of cynicism. That's why I like Wes Anderson movies.