Changes

4.  What is the “invisible hand”?  Discuss what it is, using an example (which could be from the story in the lecture about the making of a pencil).

4.  What is the “invisible hand”?  Discuss what it is, using an example (which could be from the story in the lecture about the making of a pencil).

5.  There are many parables by Jesus in the Gospels of Matthew and Luke (and one in Mark) which use familiar concepts of money and economics in order to teach a deeper, more profound spiritual point.  Examples are at Matthew 13:18-23 and 44-46; Matthew 18:21-35; Matthew 20:1-16 and 33-46; Mark 12:41-44; Luke 7:36-50; Luke 12:13-21; Luke 14:15-24; Luke 15:8-10; Luke 16:1-13 and 19-31; Luke 18:9-14; and Luke 19:11-27.  Pick one of these parables and explain both the economic point and the deeper spiritual point.  Extra credit: why might the Gospel of Matthew have more economic parables than the Gospel of Mark does?

5.  There are many parables by Jesus in the Gospels of Matthew and Luke (and one in Mark) which use familiar concepts of money and economics in order to teach a deeper, more profound spiritual point.  Examples are at Matthew 13:18-23 and 44-46; Matthew 18:21-35; Matthew 20:1-16 and 21:33-46; Mark 12:41-44; Luke 7:36-50; Luke 12:13-21; Luke 14:15-24; Luke 15:8-10; Luke 16:1-13 and 19-31; Luke 18:9-14; and Luke 19:11-27.  Pick one of these parables and explain both the economic point and the deeper spiritual point.  Extra credit: why might the Gospel of Matthew have more economic parables than the Gospel of Mark does?

6.  "Caveat emptor" or "carpe diem":  pick one of these concepts and explain what it means to you.

6.  "Caveat emptor" or "carpe diem":  pick one of these concepts and explain what it means to you.