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Friday, November 09, 2012
First Lessons of Economics and Politics
I interpret this differently from what it was probably intended. The
presupposition of economics is that reality reduces exclusively to the
material. Economics can only deal with what can be quantified and
measured. What is spiritual cannot be quantified or measured.
Politics--in its premodern sense--deals with the relationships and
organization of human beings. Christians (and premoderns like Plato and
Aristotle) believe human beings are both material and spiritual beings.
Thus, for premoderns, politics cannot be reduced to economics: it must
also address and defend those aspects of human life which CANNOT be
quantified or measured.
SO, If the first lesson of economics
is indeed "scarcity," the first lesson of politics is to educate people
that "scarcity" is not the fullest description of reality.