Torch, Spring/Summer 2009

Every Issue Can Anyone Understand the Economy? By Dr. Bill Brown 2 The questions are numerous and the answers vague. But going back to the basics is the first step in understanding the economy. Waking Up to an Economic Crisis By Dr. Bill Ragle 4 Looking back at recent American history proves that the “bad dream” of an economic crisis has been long in the making. Global Connections By Dr. Bert Wheeler 10 Never has the impact of the global market been more apparent than during the current recession. Editor Dr. Bill Brown Managing Editor Janice Supplee Publications Editor Julianne Sandberg Associate Editor Sharyn Kopf Senior Designer Michael Bieniek Photography Scott Huck Cedarville TORCH Vol. 30, No. 1, Spring–Summer 2009 Published by Cedarville University Dr. Bill Brown, President Subscriptions are free of charge to addresses in the United States. To subscribe, send comments, change your address information, or request extra copies, contact: Cedarville TORCH 251 N. Main St. Cedarville, OH 45314 torch@cedarville.edu www.cedarville.edu 1-800-CEDARVILLE ISSN 1093-4618 Responding to the Economic Crisis By Jeff Guernsey 20 How should individuals respond to their personal financial struggles? Seven practical steps provide a helpful approach. Holding On to Hope By Dr. Galen Smith 24 Although dodging economic bullets may not seem to have an upside, spiritual blessing lies within the temporal trials. Cedarville University is a Christ-centered learning community equipping students for lifelong leadership and service through an education marked by excellence and grounded in biblical truth. Straight Answers 14 Cedarville faculty members provide clarity in the crisis by answering tough questions about the economy. Spring–Summer 2009 | TORCH 1 Features Make the Most of the Opportunity 28 Words of Truth 31 Perspectives From The Path 32 Digging Deeper 33 Campus News 34 Cedarville Connection 36 ARTICLETHUMBNAILS / ISTOCKPHOTO