Ethical behaviors make for good economics
Society can achieve positive economic outcomes driven by the ethics of fairness, equality, justice, and generosity. The Bible, as well as other religious doctrines, is full of ethical lessons that are economic lessons based upon a more holistic definition of value. Yes, the Bible is a masterpiece of economics lessons on how society can deliver more relevant, meaningful, responsible, and ethical outcomes.Economics is defined as a framework for the creation and distribution of wealth or value. Let's illustrate this with an example. A study conducted in Massachusetts highlights the potential value of a fairness program known as Meals for All Students. The state currently allocates $2.4 billion each year to address student mental health issues, diabetes, obesity, and cognitive development challenges. By implementing the School Meals for All initiative, the annual cost would amount to $100-120 million, yielding a substantial return on...