Sunday, April 21, 2013

Without Healthy Families You Can Kiss The Great American Economy Goodbye

Here’s an exceptional survey of why America’s (and the West’s) economy is floundering. And—is it any surprise—it centres around a rejection of Judeo-Christian belief and more specifically the Christian virtue of chastity.

Even if all the market reforms of the Washington think tanks, the Wall Street Journal, and Forbes Magazine were enacted, we’d still need to kiss the Great American Economy goodbye. Below the level of economic policy lies a society that is producing fewer people capable of hard work, especially married men with children. As the retreat from marriage continues apace, there are fewer and fewer of these men, resulting in a slowly, permanently decelerating economy.

When men get married, their sense of responsibility and drive to provide gives them the incentive to work much harder. This translates into an average 27-percent increase in their productivity and income. With the retreat from marriage, instead of this “marriage premium,” we get more single men (who work the least), more cohabiting men (who work less than married men), and more divorced men (who fall between the singles and cohabiters).

All this is visible in the changing work patterns of our country, resulting in real macro-economic consequences. Fifty years ago family life and the economy were quite different.

Religion fosters a flourishing society and the bottom line is:

Thus the core strategy for forming great workers for the economy is growing intact married families who are united in worship through their community of belief and send their children to schools that inculcate those values and beliefs. Not only does that produce the greatest average human capital for the marketplace; it also produces the best citizens for the polis and the common good.

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