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Dialogue 4: In the verses from Genesis this week what is described a business cycle. In economic terms what sort of shock does Egypt face? Joseph enacts a forced savings program to prepare for it, what modern American program does it remind you of? How do you think about the American program when you realize that the Pharaoh used the crises to accumulate power and wealth to himself.
Alternative Dialogue 4: The Ezekiel verses discuss oppression by using unfair weights. Relate this to inflation.
Utilize the required readings as a base, cite appropriate examples/principles from the texts and include a minimum of two academic peer reviewed scholarly articles that bring depth and insight to the dialogue. Write simply, concisely, and with goals to understand and inform.
Theme Verses: Ez.45:9-12 Gen. 41:17-31
- Modern Principles of Economics, 3rd Edition (New York: Worth Publishers, 2016), Tyler Cowen and Alex Tabarrock.
Read: Cowen and Tabarrock Chapters 31, 32, 33
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