Article
Attention
Comment
Economics
1 min read

Budgeting for discontent

The Chancellor can't please everyone, but is contentment possible?

Paul Valler is an executive coach and mentor. He is a former chair of the London Institute for Contemporary Christianity.

A woman stands behind a lectern against a blue and red backdrop.
Chancellor Rachel Reeves speaks at a recent event.
HM Treasury.

As the Chancellor Rachel Reeves seeks to raise billions in this Autumn budget, the news media are all over the downsides.  Poor pensioners freezing during winter and businesses complaining of the tax burden are political headlines. Tough choices must be made, but we are rarely happy when it comes to money.  

Economic discontent is ironically a cultural norm in first world countries.  In the west we have become used to what psychologists call the hedonic treadmill – adjusting our expectations to any new benefits and finding ourselves wanting even more, to try to maintain the same level of happiness.  It’s a mentality that dooms us to discontent.   Socrates said, ‘He who is not contented with what he has, would not be contented with what he would like to have.’    

Contentment seems to be a forgotten virtue today, and increasingly elusive in a society striving for happiness through wealth.  Yet being content in life is a more valuable form of wealth than money.  There is something enormously attractive about a tranquil state of mind and heart.  Contentment does not mean passive acquiescence; there is a noble side to being passionately discontented about something that is unjust – especially when we are fighting for others.  William Wilberforce demonstrated that with his campaign for the repeal of laws allowing slavery. 

Our personal challenge is to be content in ourselves, whatever the circumstances. Oscar Wilde said, ‘True contentment is not having everything, but being satisfied with everything you have.’   Practising paying attention to what we do have and being thankful for it.  That attitude of gratitude is a recognised way to lift our mood and strengthen our resilience.  But thankfulness doesn’t solve every problem.  Warm words may help warm hearts, but they don’t heat cold homes.  Although gratitude is proven to improve our wellbeing, it’s not enough to compensate for all the problems of life.  Because here’s the deal; life is tough and then you die, and there are many worse things than economic woes. 

Pain, grief and loss are all too common, and they can test our resilience beyond what feels like our ability to endure.  Chronic physical or mental illness for example; or being permanently disabled.  Or the life-sapping effort to parent children with special needs; or caring for a parent/partner with dementia - especially when it goes on and on.  Sometimes horrible events happen like violent abuse, or the deep grief of relationship breakdown or bereavement.  This level of suffering pushes us to the end of ourselves, to the place where something more than psychological self-help is needed.  What is the secret of contentment then? 

I don’t envy the Chancellor, and I do not trivialise the very real challenges raised by having to make tough economic choices.

This is where the secular and the Christian worldview are radically different. Secular philosophers call people to show their own self-sufficiency and superior reason when enduring suffering.  This can feel principled and stoic, but it lacks empathy and hope. Christianity accepts the reality of our own weakness and insufficiency, recognising that we can’t fix everything ourselves.  Instead of trusting in humanity, we choose to trust God both for this life and the life to come.  And this trust and hope is linked to a deeper form of contentment, which transcends pure rationality. 

Of course, sceptics say this is just psychological comfort from an imaginary friend, and it doesn’t make sense, because surely any good God would not allow us to suffer in the first place.  But any realist must acknowledge that a lot of human suffering comes from the damaging exercise of our own free will.  Wars and slavery are examples.  If God were to override our free will, we would be robbed of the authentic capacity to love, which makes us fully human.  The coexistence of free will, suffering and God is a complex issue. 

The experience of millions of Christ followers is that trusting God is much more than imaginary comfort.  God is real and prayer changes things; the most ordinary, natural and chance experiences can be affected by it.  And prayer changes us.  In our vulnerability, if we choose to trust God something changes, we begin to relax, things become a bit easier to bear.  In fact, the apostle Paul claimed that Christ’s power was perfected in his own weakness.   

Contentment is a strange peace that comes from trusting God in the middle of difficult circumstances.  One of the great old hymns was written by a man who lost his four daughters in an accident at sea, and also lost all his money in a fire.  The refrain says, ‘It is well, it is well with my soul.’   This isn’t denial or delusion, it is the inner sense of quietness that God can give.   Only an eternal perspective allows for that kind of contentment. 

I don’t envy the Chancellor, and I do not trivialise the very real challenges raised by having to make tough economic choices.  Britain is clearly in a place where some stringent fiscal discipline is needed, and that will inevitably cause some hardship and difficulties.  But in the face of all the discontent that is so freely shared in the news, there is another way to respond.  Instead of complaining about our flawed Government or moaning about our circumstances, we can change our perspective to put our trust in the ultimate Authority.  And in doing so can find a peace that the world cannot give.   Contentment is a treasure beyond the wealth of nations.   

Article
Belief
Creed
Economics
5 min read

The insane economics of Jesus

Does he even know about inflation, budget fights, and mutual funds?

Mockingbird connects the Christian faith with the realities of everyday life.

A still from The Chosen shows Jesus and the disciples around a table
Splitting the bill?
The Chosen.

Written by David Clay. This article first appeared in Mockingbird, 11 November 2025. By kind permission. 

Having evolved into a month-long monstrosity of various parties and trunks-or-treats, Halloween has left my daughters with an absurd surfeit of candy. It’s enough to keep several dentists in business. Even so, my children still fear the annual imposition of the dreaded “dad tax,” which they argue is illegitimate due to their lack of representation. My kids have long since learned that no matter how impressive their hoard of candy, it always runs out eventually. 

What seemed like an abundance the night before is revealed to be limited supply. In other words, my children are always shocked to discover scarcity. 

Most people for most of history produced about enough to keep themselves alive. The Domesday Book (1086 AD), a survey of England commissioned by William the Conqueror, shows that peasants (i.e., people with limited or no land ownership rights who were beholden to a local lord) made up 95 per cent of the population. While peasants in some cases achieved prosperity, this was the exception to the rule of subsistence labor, usually agricultural in nature. For almost everyone, the possibility of starvation was anything but theoretical. 

In that respect, the situation in early medieval England was little different from that in first-century Palestine. There as well, nine out of ten people made just enough to survive — and, sometimes, not even that much. Both Josephus and the New Testament mention the mid-century famine (44–48 AD) that devastated Judea. There was no social safety net in that time and place. People could and did starve to death. 

It was to people permanently conscious of scarcity, then, that a certain self-styled rabbi — until very recently a day laborer himself — said, 

“Do not be anxious about your life, what you shall eat or what you shall drink, nor about your body, what you shall put on. Is not life more than food, and the body more than clothing? …  But seek first his kingdom and his righteousness, and all these things shall be yours as well. Therefore do not be anxious about tomorrow, for tomorrow will be anxious for itself. Let the day’s own trouble be sufficient for the day.” 

Jesus’ audience would have agreed that provision ultimately comes from God. But “don’t be anxious about tomorrow”? In a world where starvation is always just a bad harvest away? Jesus, with a straight face, is instructing his audience to live as if abundance, not scarcity, is the ultimate reality in life. Not for the first time, he seems more than a little disconnected from what it’s actually like to live on this planet. 

Insofar as some of us moderns in industrialized societies are a little less worried about starving or dying from exposure, this is thanks to human ingenuity (thank you very much) coming up with ways to radically increase our productivity. An undeniably magnificent achievement — but also one that’s exacerbated other forms of scarcity. 

Think, for instance, of the “attention economy,” the battle to secure ever-shrinking attention spans. The very computational tools that have made our contemporary standard of living possible have also hooked us up to a constant pipeline of far more information than we could ever possibly process. So much so that the act of paying attention, seemingly a basic feature of being human, is valued at an increasing premium. 

Or, consider time. The mid-twentieth-century economist John Maynard Keynes speculated that automation and enhanced productivity would naturally result in less stress and more leisure time. What he did not foresee is that increasing productivity increases expectations of how productive we should be. Time, in all times and places, is the ultimate “vanishing asset,” but the proliferation of time-management strategies and gadgets tells us, I think, that time seems even more limited when we are expected (or expect ourselves) to hustle and grind. 

I don’t think it’s much of an exaggeration to say that scarcity is the single most pressing reality in human experience. In some form or another, this is true of every human culture. We combat scarcity with the urge to simplify, to streamline, to do more with less, to find life hacks, or invent new technologies. 

Jesus, however, tells us to ignore it. Or, at least, to behave as though scarcity is not that interesting or important. God feeds the birds and clothes the lilies; you’re more important than a bird or lily to God; ergo, God will take care of you. Stop stressing. 

This doesn’t feel aspirational or inspirational. It feels insane. I have a mortgage. I have three girls to put through college. I need money, energy, focus, and time, not the bizarre exhortations of some mystic. Does Jesus even know about inflation? 

But the weird thing is that, yeah, he does. Jesus is very much not detached from the realities of everyday life in his time and place. He is up on current events like collapsing towers and the machinations of Herod Antipas (“that fox,” Jesus calls him. Not a compliment). He seems a little bored by politics, but he’s definitely not naive about the power structures and major players in Galilee and Judea. He makes a conniving, dishonest middle manager the hero of one of his stories. Politics, taxes, sectarian violence, collapsing infrastructure — the Gospels describe Jesus interacting with a world very different than our own, but one that’s still immediately recognizable. 

The difference is that I tend to think of inflation data, budget fights, geopolitical maneuvering over scarce resources, and supply chains as “the real world,” while the kingdom of heaven is something lovely but also a bit airy, a little insubstantial. Jesus saw things in exactly the opposite way. The kingdom is Reality, while the lords of the gentiles, the payment of taxes, even the pressing daily concerns for food and clothing, are all fleeting or at most secondary. And the kingdom is abundant, for its King doesn’t give stones when his children need bread. 

What does it mean to live as if abundance and not scarcity is the final word? I don’t know. What I do know is that what really feels insane, some days, is thinking I can conserve enough time, money, energy, focus or whatever else to build a life in which I find fulfillment or peace. There are cracks in my no-nonsense, economically rational world that beckon me to ask, what if I have no money, time, energy — nothing but my daily bread — only to find that I already have all I need? 

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