"He is before all things, and in Him all things hold together." ~ Colossians 1:17
Thursday, 30 September 2010
God's Economy
Grace is a public good: non-rivalrous and non-excludable. The fixed cost has been paid by Christ, and we are now all privileged to free-ride on the good. However, paradoxically, God’s economy suffers from demand-deficit unemployment. Because there is an infinite supply of perfectly elastic grace at zero price, there is no inflation as more capacity can always be utilised. For this reason there is no such thing as an excess supply of labour at a given price (the Mormons might have you believe that God's company has limited vacancies, but this is false). Moreover, there is no such thing as structural or frictional unemployment, because no prerequisites are required to enter into the service of God (the religious types might have you believe otherwise). However, grace is a perfect substitute for death, and so anybody who chooses death cannot also demand life. Unfortunately, For this reason, the demand of sin (which also has a perfeclty elastic price, set at 'death'), which unfortunately is also inelastic due to its addictive nature, constricts the demand for grace. As the demand for love is derived only from the demand for grace (as God is love), the amount of people employed in the service of God is limited and the total production of love is below full capacity.
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