Posts Tagged wisdom
The topics of self-interest and sacrifice are commonly discussed on this blog—my own view being that any form of either is bound to lead to selfishness unless both are aligned to God’s will (through good, old-fashioned obedience).
I’m currently reading Love & Economics: It Takes a Family to Raise a Village, in which author and economist Jennifer Roback Morse takes a unique approach to the subject, arguing that our views of “rational” man have been severely lacking on both sides (if your ideological buckets are that neat and tidy, that is).
Without incorporating love into our usual assumptions about the self and the other, argues Morse, we will structure a philosophy of life around a fantasy and be doomed to a mechanistic, regressive society.
First, the not unique part—i.e. a summary of the context:
The decentralized market economy is probably the most celebrated self-regulating social institution. Adam Smith’s “invisible hand” insight shows that people pursuing their own self-interest can actually end up furthering the public interest through no intention of their own. Since Smith’s time, free market economists have developed the Invisible Hand concept further through a construct called homo economicus, or economic man. Economic man is a rational person who calculates the costs and benefits of each potential action and chooses the action that brings him the most happiness.
The obvious problem is that we are not, and can never be, fully rational, no matter how much Ayn Rand wishes it were so (though we can certainly be more rational than we are).
On the other side is a similar problem, one which, though more obvious, is plagued by increasingly abundant misunderstanding: other people have an even smaller chance of being “fully rational” on our behalves.
The lofty bureaucrat on top of the hill may think he has a better idea than we do about the appropriate price of an orange (or a cup of coffee), but our personal preferences would likely differ if Grocer Bob had the chance to experiment. Of course, the implications lead to deeper struggles than the prices of oranges and coffee, which is why more fundamental, philosophical variations on Rousseau’s “natural goodness of man” have long served as platforms upon which many a tyrant has constructed his moralistic authoritarian palaces.
Yet even critiques of centralized approaches to knowledge and decisionmaking—Hayek’s, most notably—seem to only get us back to square one: that individual choice would be better (and it would!).
Yes, our knowledge is limited, and yes, our definitions of the “good” will not naturally conform. These are crucial realities to confront, but do they mean that Read the rest of this entry »
About a year and a half ago, some of our closest friends, Brett and Emily Geselle, started their own restaurant. In the time since, Tommy’s Malt Shop has become a huge success (no small feat in the middle of a recession).
Prior to starting the restaurant, Brett had a successful career in the corporate world. Leaving that path for the high-risk prospect of starting a burger joint was not necessarily the easy, secure, or comfortable thing to do (pursuing the proper American dream typically isn’t). Yet there was something about pursuing the restaurant that made it worth the risk.
Hear their story here (HT):
This is entrepreneurship — and Radical Individualism — at its finest. Brett’s initial vision was not based in a humanistic, materialistic desire for power, glory or wealth, and neither were the actions that brought his dream to fruition. Instead, it was based in the leading of his heart by the Holy Spirit. The subsequent process involved sacrifice, struggle, generosity, risk, wisdom, diligence, and hard work. That is how God works.
The result: a restaurant that meets community needs while also bringing the Geselles self-fulfillment and a realization of God’s provision. As Brett says in the video, “It has an impact on your heart and it will Read the rest of this entry »