All things economics: few favorite post this week...

Stories of the floundering economy are flooding the news these days and sometimes it's hard not to worry and be upset. Looking at the current economic situation in light of The Law, it's easy to see a plethora of ways in which Uncle Sam has overstepped his bounds. As Bastiat so poignantly points out:

"In regulating industry, the government has contracted to make it prosper; otherwise it is absurd to deprive industry of its liberty. And if industry now suffers, whose fault is it?"

But I know that the blame doesn't lie just in the direction of Washington and that for change to occur there, it must begin at home.

Anyway, enough rambling. :) Here are a few of my favorite posts on the topic of current economic events.

"Why I am not worried" The stocks are falling, the housing market's a mess, gas is expensive... but the Fed will take care of us all. Yeah, just kidding. But, as Christians we have a sure confidence.

Crystal had a really great post on where changes in Washington must start: with me.,

In an interesting and thought provoking post, Doug Wilson proposes humor as a vital skill for the days ahead. :)

And here are some more great reminders about things we can learn from the current economic situation from Katrina.

The Simple Dollar had a good post on fear, or rather NOT fearing: The Only Thing to Fear is Fear Itself.

These are a few of my favorite posts this week. Check out others favorite things here.