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Economic Crisis

Christianity Today's coverage of the economic crisis. Also see our section on money & business.

Hard Choices For Higher Ed
In a bleak economy, Christian colleges reinvent themselves.
By Rob Moll

A New Way to Finance Education
For-profit Christian education is becoming more attractive.

The Purpose-Driven Job Hunter
Richard Nelson Bolles on discerning God's will when facing unemployment.

Career Counseling in Church
More congregations launch job-search programs for the unemployed.

SoulWork
The Scandal of the AIG Bonuses
And the gospel of incomprehensible unfairness.

It Takes More Than a Recession to End Consumption
Though it's no longer conspicuous, 'feel-good' buying lives on in the U.S.

Saving Souls for Less
Recession leads evangelistic ministries to shift to lower-cost methods.

Tighter Times for Christian Financial World
Interbank lending crisis is hitting where subprime mortgages missed.

Speaking Out
God Is In Control During the Financial Crisis
God often uses adversity for his greatest blessings and the markets are his.

SPEAKING OUT
The Engine of the Market
It's not capital. Why wealthy evangelicals and others need to reconsider executive compensation.

Church Giving Outlook: You've Got Some Time
Research shows that members' contributions stay steady through first years of recession.

A Good Time to Launch a Church Building Campaign?
Advice on expensive church projects in a time of economic turmoil.

Speaking Out
Pity for a Devastated Wall Street
The difficulty in times like this is treating the powerful with justice.

Speaking Out
A Christian View of the Economic Crisis
Is the economy really driven by greed?

It Takes a Village Atheist
Barbara Ehrenreich’s jeremiad against cheerful thinking. (Reason)
Dollars and salvation: In downturn, many mine Bible for financial wisdom but reader beware
Many see the Bible as a source of financial wisdom that transcends individual faith and the centuries between when it was written and today's tough times. (Associated Press)
English priest says it's OK to shoplift at times; police, retailers, clergy disagree
Parish priest Tim Jones says it's OK to shoplift at times as long as you don't take more than you need — but British police, retailers and clergy disagree. (Associated Press)
Website rates retailers on "Christmas" friendliness
In a Focus on the Family survey, 60 percent of Americans favored the use of "Merry Christmas" over "Happy Holidays." And 44 percent said they would more likely purchase from a retailer that uses "Merry Christmas" in advertising. (Denver Post)
Houston group hopes to reclaim Christmas from malls
More than 5,000 churches in the U.S. have joined in on the Advent Conspiracy, a movement started at a Houston church where the faithful spend less time on shopping and more time on Scripture. (Houston Chronicle)
Report: Loopholes allow for large CEO salaries
The Internal Revenue Service office that monitors nonprofits is so thinly staffed it examines just 1 percent of returns. (AP/Charlotte Observer)
Why the "war on Christmas" is basically over.
Media mentions of a "war on Christmas" have fallen steadily as well, according to Nexis: There were 431 articles mentioning it as of Dec. 17, 2006; 187 by that time in 2007; 155 in 2008; and 97 in 2009. (Slate Magazine)
With Demand up, Charities Face Tough Holidays
For social service charities, this holiday season is a mix of gratitude and alarm (Associated Press)
Rod Parsley says ministry threatened by lack of funds
During yesterday's Breakthrough broadcast, Parsley referred to a $3 million check he had to write from the ministry. (The Columbus Dispatch)
Hobby Lobby buys property to make create C.S. Lewis College
Now, the former Northfield land and buildings will become the home of a new college to be established by the C.S. Lewis Foundation, the organizations announced Wednesday. (The Keene Sentinel)

The United States fell into an economic crisis in 2008 when several large banks filed bankruptcy, the housing market fell, the dollar declined in value, and unemployment numbers grew. Our coverage of the crisis includes:

The Engine of the Market
It's not capital. Why wealthy evangelicals and others need to reconsider executive compensation.
D. Michael Lindsay | posted 10/03/2008 08:00AM

Pro-Bailout
Evangelicals say Congress' bailout bill is flawed but needed.
Sarah Pulliam | posted 10/03/2008 08:00AM

After the Bailout, Government-Owned Churches?
But law profs say church-state problems are unlikely.
Ruth Moon | posted 10/01/2008 10:00AM

Where Do Evangelicals Stand on CEO Compensation?
Some evangelical CEOs defend their large salaries while others opt out.
Andrea Useem | posted 10/01/2008 10:00AM

Christian Financial World Sees Silver Lining in Banking Mess
Firms have generally avoided debt and speculative practices, experts and insiders say.
Ken Walker | posted 9/29/2008 10:00AM

A Christian View of the Economic Crisis
Is the economy really driven by greed?
Al Mohler | posted 9/29/2008 10:00AM

Q & A: Dave Ramsey
The popular Christian financial adviser on why he thinks the bailout is a disaster.
Interview by Sarah Pulliam | posted 9/26/2008 11:13AM

In Crisis, Wall Street Turns to Prayer
Financial meltdown triggers prayer sessions citywide.
Tony Carnes | posted 9/19/2008 11:53AM

Philanthro-Pinch
Economic downturn sparks worries over giving.
Lisa Parro | posted 7/11/2008 09:35AM

Cornerstone Falters
Real estate investments bankrupt Presbyterian-affiliated group.
Ken Walker | posted 7/10/2008 09:27AM

Surviving the Mortgage Crisis
Most Christian lenders remain strong during sub-prime debacle.
Brad A. Greenberg | posted 10/12/2007 09:28AM

From CT's blogs:

Dave Ramsey's take on the bailout
Sarah Pulliam | September 23, 2008 6:01PM

Bailout's potential impact on church-state relations
Sarah Pulliam | September 22, 2008 4:45PM

Seeing Jesus at Broad and Wall Streets
New York City evangelicals call for prayer for finance industry after 500-point Dow meltdown.
Timothy C. Morgan | September 15, 2008 8:33PM

The Death of Uber-Consumption
The end of 17 years of borrowing-fueled spending.
Rob Moll | September 12, 2008 8:21PM

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