jumping off platform

“This Cannot End Well” and Other Sage Advice

When I was younger, my energy and curiosity got me in to trouble all the time. Slowly, over time, I discovered that if I paid close attention, I had a little voice in me that from time to time would say something to the affect of, “James, this cannot end well.”

Slowly but surely, I started to listen to that little voice. As I did so, something magical started to happen: I stopped getting into trouble! Life started going a lot smoother because I was avoiding all of these sticky situations.

Life is hard enough without making the kind of choices that further complicate our lives. However, part of the challenge is that for each of us, those choices come in all sorts of different packaging. King Benjamin put it this way:

I cannot tell you all the things whereby ye may commit sin; for there are divers ways and means, even so many that I cannot number them.

I believe what Benjamin says next underlines our personal responsibility for this process:

But this much I can tell you, that if ye do not watch yourselves, and your thoughts, and your words, and your deeds, and observe the commandments of God, and continue in the faith of what ye have heard concerning the coming of our Lord, even unto the end of your lives, ye must perish. And now, O man, remember, and perish not. (Mosiah 4:29-30)

However helpful it is to have church leaders to help us identify areas in which we can improve in our decision making, I suspect that if we were to wait until they gave us instruction to change, at best, we would qualify as slothful and not wise servants (see D&C 58:26-28). Consider then, what we can do to be more anxiously engaged in making good decisions.
Questions to Consider

  • What can and should I do to watch myself, my words, my deeds and observe the commandments of God?
  • What does it mean to me to ‘continue in the faith’?
  • How do I know if I making good choices? How will I know if I am improving?

Looking Beyond the Mark (Jacob 4:14)

In a couple weeks we will study the words of Jacob from the Book of Mormon in Sunday School. As Jacob spoke to his people, he pleaded with them to leave behind some habits and trends they were developing that would certainly lead them into dangerous territory. In reasoning with them, he makes a statement that has always stood out to me about why Christ would be rejected in the meridian of time. He says,

Wherefore, because of their blindness, which blindness came by looking beyond the mark, they must needs fall;” (Jacob 6:14).

For me, the sobering message is that if I get off-balance and off-focus, it’s easy for my strengths to becoming vices. That’s what happened to the Pharisee and Sadducee. So how can I protect myself from that? What can I do to make sure that I’m where I need to be?

I’ve recently discovered a question that’s helped me liken the great examples of men and women from the scriptures who clearly had their eyes on the mark–Jesus Christ. As I read great stories of faith by Nephi, Jacob, Peter, Luke, John, Daniel, Isaiah–the question I ask myself is:
In the story of Insert Name Here, what doctrine(s) or principle(s) did Insert Name Here understand about the Savior and His Atonement?

Try It
Consider 2 Nephi 4. As you read the Psalm of Nephi, ask yourself, ‘What does Nephi understand about the Savior and His Atonement?’

Time to Time

When you are working on your life directions, it rarely comes together all at once. When Nephi was commanded to build a ship, he said:

We did work timbers of curious workmanship. And the Lord did show me from time to time after what manner I should work the timbers of the ship,” (1 Nephi 18:1).

There seems to be a life lesson in that it’s in moving forward that we’re in a position to receive the guidance we need most from heaven.  For today’s thought, consider these words from Richard G. Scott:

I am convinced that there is no simple formula or technique that would immediately allow you to master the ability to be guided by the voice of the Spirit. Our Father expects you to learn how to obtain that divine help by exercising faith in Him and His Holy Son, Jesus Christ. Were you to receive inspired guidance just for the asking, you would become weak and ever more dependent on Them. They know that essential personal growth will come as you struggle to learn how to be led by the Spirit.

What may appear initially to be a daunting task will be much easier to manage over time as you consistently strive to recognize and follow feelings prompted by the Spirit. Your confidence in the direction you receive from the Holy Ghost will also become stronger,” (“To Acquire Spiritual Guidance”  October 2009 General Conference).

Questions to Consider

  • Where can I specifically benefit from the Lord’s Guidance in my life?
  • What can I do to more consistently be in a position to receive further guidance from the Lord?

“Faith and Diligence and . . .”

In our readings this year in the Book of Mormon, something stood out to me that hadn’t before (funny how that works, eh?). After Nephi breaks his bow and the family repents for murmuring, Nephi makes a comment regarding how the Liahona works (you can review the story here).

And it came to pass that I, Nephi beheld the pointers which were in the ball, that they did work according to the faith and diligence and heed which we did give unto them,” (1 Nephi 16:28).

The ball with pointers (the Liahona) has often been used by the authors of the Book of Mormon and teachers today as a type and symbol for the Holy Ghost and the word of God in our life. We regularly speak of the importance of faith and diligence but I don’t think I ever noticed the third component. I found myself asking, “what did Nephi mean by the word ‘heed’? Faith would suggest trust and reliance on the direction from the Liahona and diligence might suggest the effort we put into following its instructions–so perhaps heed suggests the completeness of our obedience. In sports we would call that the ‘follow through.’

Each of us have different areas where our follow through might be lacking. May the Lord give us eyes to see where we can improve.

 

Questions to Consider

  • How would I describe to the Savior my faith, diligence and heed to his teachings?
  • What can I do to follow through better on my obedience?

 

Covenants, Commitments and Codes

A recent Facebook post has shown up on my wall a number of times. It’s a simple picture of Brigham Young  and underneath it reads:

Know the Code:
Named three schools after him . . . and we can’t have beards?

There were many posts for and against the picture.  I considered my personal feelings on the matter and determined that for “me and my house,” (Joshua 24:15) this was our reply:

Beards? Flip-flops? Shorts? Doesn’t matter. I voluntarily chose to live by that standard and I think it’d be dishonest of me to complain and murmur against it after I signed on.

I’ve gotten a few comments back that made me think it might be best if I explain my reasoning and what I meant by it. Before I explain why I feel it would be dishonest, I need to make a few distinctions:

First,

I’ll say that this was not intended to be a judgment or reflection on anyone else’s opinion on the matter. It’s just how I weighed the issue and deemed that for me, my circumstances and my conscience, this is where I stand. I recognize that the author intended it as a joke but it has give many an opportunity to object to the Honor Code, Dress and Grooming standards.  In the spirit of  that discussion I thought I would clarify my position.

Second,

when it comes to matters like this, I think there is distinction between struggling to understand the logic behind a standard and encouraging the dissent of others.  You can probably guess what category I think a viral Facebook post falls under.

Third,

To help clarify my statement above, let’s go beyond the immediate issue of the “Know the Code” parody, let’s consider a bigger question:

Why are covenants, commitments and codes so important in the learning process?

You may disagree with the honor code but with any concern or disagreement with a church position** there is a pattern set up in the first few chapters of the Book of Mormon. I’m referring to how Nephi reacted to the news of leaving Jerusalem compared to that of Laman and Lemuel.

**(Anyone who thinks that the Honor Code and Dress and Grooming Standards ares just policies and not a question of doctrine needs to read or review the mission statement and aims of any church school)

Consider the complaining that Laman and Lemuel pulled at the beginning of their exodus.  Were their concerns sincere? I think so–after all they had left all their riches and belongings and traveled about 200 miles or so before they first made camp. Then as it became more evident that yes, Dad is actually planning for us to never return to Jerusalem, they doubted and resented this lifestyle change. In their own words it was a hard thing asked of them.

I have no doubt that this was hard for everyone in the family. The difference is that while Laman and Lemuel doubted, complained and murmured, Nephi sought to understand the wisdom of the Lord. I find it very interesting that Nephi said he desired to know for himself what to make of this situation.  Note how he described the response he received: “[the Lord] did soften my heart that I did believe all the words which had been spoken by my father” (1 Nephi 2:16 emphasis added). It appears that Nephi had his own doubts on this permanent vacation into the wilderness?

I believe the injunction of the Master still stands: Ask, and ye shall find; Knock, and it shall be opened unto you. So in that respect,  after so many open invitations to receive revelation on any matter that troubles us and after all the prophets and apostles have taught for more than forty years on the reasons why Honor, Dress and Grooming are important matters at BYU—given all that, I think it’s very close to dishonest to continue to protest.

By refusing to seek or acknowledge the answers that God has given and will give, it’s in effect stating, as Laman and Lemuel told Nephi ‘the Lord maketh no such thing known unto us,’ which is a lie, and thus dishonest. Nephi had to continually remind Laman and Lemuel that they had received witnesses: from angels to testimonies to being shocked and even hearing the voice of the Lord.  To me, Rick’s viral Facebook post (and other objections to church policy or doctrine like it) hardly resemble Nephi’s humble spirit of seeking truth and instead hits much closer to Laman and Lemuel’s refusing to accept the Lord’s invitation even though they had no reason to doubt that they would get an answer.

But I don’t think that’s the most dishonest part.

Sure Laman and Lemuel went along (in body) with the journey, but where was their heart? They made it to the promised land, but what was the end result of their complaining? How many blessings did they miss out on because they chose to harden their hearts?

Now will protesting shaving result in the murderous rage that eventually consumed Laman and Lemuel? Hopefully not, but a heart that fails to yield to the standards of the church (even if obedient in action) will harden. Sad experience teaches us that those who harden their hearts are much more likely to fall into sin sooner or later.

Consider, then, the great spiritual protection that comes out of a scenario where a student voluntarily commits himself–in action and in heart–to this special way of life. Consider the self-discipline that emerges from keeping those standards in both body and heart. Matters of chastity or the threat of other serious sins melt away because that student has a keener self-discipline that won’t yield to peer pressure or physical appetites.

It’s important to realize that this doesn’t just apply to a university with an honor code.  You can’t have real learning in this church without covenants and commitments. Baptism comes before the Gift of the  Holy Ghost; Covenants come before tokens; and so Honor comes before a degree.

But why? Why are covenants and commitments and honor codes so important to learning in the church and at the church’s university? That’s a question I’m still trying to understand better but I think one possible answer is this: the Lord requires the heart and willing mind (D&C 64:34). It’s not enough at BYU or as endowed members of the church to obey without a real conversion. How can we become like Him if our heart isn’t pure? The Lord has always had a problem with people who draw near Him with their lips when their heart is far from Him (JS-H 19). Covenants and commitments help us keep our eye single to His glory, mold our hearts and give us access to the atonement to really change and become someone more like Him.

So if you and I give our word to do such-and-such and to live in a certain manner, but in our heart we are only acting grudgingly, isn’t that dishonesty? Or, even worse, what if we then go on to vocally denounce that commitment and encourage the dissent in others: how is that not betraying God’s purpose in asking us to keep that covenant, commitment or code?  And what of those who looked to us for an example: what have we just taught them about the importance of keeping our word? What does it say about our commitment to God to those not of our faith? Can a bad tree give forth good fruit?

“For behold if a man being evil giveth a gift, he doeth it grudgingly; wherefore it is counted unto him the same as if he had retained the gift; wherefore he is counted evil before God” (Moroni 7: 8).

Can someone still have a worthwhile experience at BYU while still harboring dissent? I think so, but I don’t think it will be at the level it could be at. The Lord taught us, “Behold, I stand at the door, and knock: if any man hear my voice, and open the door, I will come in to him, and will sup with him, and he with me” (Revelations 3:20). In general, speaking to myself as much to anyone reading this, I believe that we sometimes miss out on spiritual experiences because the doors of our heart are hard to open.

So that’s my personal reasons for holding myself to what I posted.  I am confident that this position is best for me and that regardless of this specific issue, these are true principles. I hope you’ll give some thought to this and make personal applications the best you see fit. God Bless!

Nephi

I can’t begin to describe how excited I have been this year to turn our attention to the Book of Mormon in Sunday School. It’s exciting to relive the perils of leaving Jerusalem, of returning for the plates and making the difficult journey across the Arabian peninsula with Lehi’s Family. There’s Lehi’s vision of the tree of life and Nephi’s struggles to help his brethren find enduring faith. After a crash course in shipbuilding and a tumultuous sea journey, the family lands in the new land. Nephi forges a record to keep and catches us up–giving us the first 19 chapters of Nephi. At the same time, we know it’s on the horizon, that it can’t stay away forever. It’s coming, just as sure as chapter 20 follows chapter 19. Nephi’s caught the record up so then what? What could possibly be the next logical thing to share? No, it can’t be. Oh but it is, the one, the only, great be the words of . . .

Isaiah.

I suspect for many readers, if reading the Book of Mormon has a honeymoon period, it ends with 1 Nephi 19:23: “I did read unto them many things which were written by the prophet Isaiah. . . ” I wanted to take a moment and validate some of those emotions that come with Isaiah but more importantly help push past those feelings and begin to decipher what makes Isaiah such a delight to Nephi.

It can be hard to understand.

There are two common reasons why Isaiah might as well be part of the sealed portion of the Book of Mormon:

  1. A vast majority of it is written in Hebrew poetry.
  2. There are a lot of historical references in Isaiah’s writing.

First of all, it’s important to understand that the common people didn’t have the ability to take notes and write down Isaiah’s message and study it at home. Isaiah and other biblical writers were faced with the challenge to help their listeners remember and recall their message. Enter the poetry. Isaiah’s message was first a verbal message. You might consider reading Isaiah out loud to help you catch the inflections and emotion behind Isaiah’s writing.

Second, it’s important to remember that Isaiah was first and foremost a prophet to the people who were living in his day. During Isaiah’s lifetime and ministry he saw the Northern Kingdom of Israel be conquered and carried away.He foresaw the eventual fall of Jerusalem (the very one that began the Book of Mormon) but he also saw that a remnant would return with the help of a servant of the Lord (among other things). Much of Isaiah’s writings deal with the judgement of God that were facing the children of Israel while earnestly looking forward to the promise that God would remember and restore his covenant with Israel of which the life and minstry of Jesus Christ play an essential role.  All of these historical events serve as types and shadows that have Latter-day implications.

But where do I start?

The answer to that question will be different for different people. Frankily, I wouldn’t want to deprive anyone of the satisfaction of coming to appreciate the words of Isaiah through the studying process. If ever there was a place to apply the Lord’s teaching, “Seek, and ye shall find” it’s Isaiah. The bottom line is that Isaiah doesn’t have to be a sealed book to you. May I suggest three questions to help you get started:

  • When a Book of Mormon author quotes Isaiah, what do they say before and after reciting the passage?
  • What is Nephi’s goal in reciting the words of Isaiah (1 Nephi 19:23)? How do the passages he quotes help him accomplish his goal?
  • What might the words of Isaiah have meant for Nephi and his decendents? What do those implications mean for us today?

The Work and the Wage: A Labor Day Thought

We have talked briefly about capital and labor before, but considering the three-day weekend, a scriptural thought on labor: Christ’s Parable of the Laborers found in Matthew 20.

It is interesting to note the context. A young rich man had just approached the Savior asking what he must do to have eternal life. This good young man had kept the commandments from his youth and asked the Master, “What lack I yet?” (Matt. 19:20). The Savior told him that he had but one thing lacking, to go and sell his things and follow him.

This young man went away sorrowing for he had many possessions. This seemed to weigh on the apostles for Peter stepped forward just a few verses later and asks, “Behold, we have forsaken all, and followed thee; what have we therefore?” (Matt. 19:27).

The Lord assures them of the blessings that are promised them that believe and then goes on to share the parable of the laborers.

A man who had a field went to marketplace to hire workers for his field. He agreed with certain laborers to pay them a penny for their labors.

As the day progressed this master returned to the marketplace hiring other laborers saying, “whatsoever is right I will give you” (Matt. 20:4). Even at the eleventh hour, this master went to the marketplace, hiring these workers saying, ‘whatsoever is right, that shall ye receive’.

And so it was at the end of the day, the wages were distributed. Every man was given a penny. Naturally those who had worked the whole day felt they were entitled to more since these that had only worked part of the day had received the same wage they had.

The master only asked them if it was not fair, for they had received exactly what they had asked for. Had he dealt with them unjustly?

Considering the original question of Peter, ‘what have we therefore?’ it appears the Lord was warning against trying to pinch pennies with the Lord. I love this quote from Jesus the Christ about this parable:

“[This parable] stands out as truly in force today as when it was delivered by the Master, as a rebuke of the bargaining spirit in the Lord’s work. God needs workers, and such as will labor faithfully and effectively are welcomed into the vineyard. If, before beginning they insist on the stipulation of a wage, and this be agreed to, each shall receive his penny provided he has not lost his place through idleness or transgression. But those who diligently labor, knowing that the Master will give to them whatsoever is right, and with thought for the work and not the wage, shall find themselves more bountifully enriched.”

Elder Talmage goes on to observe how ironic it is to presumptuous it is to ask for a wage in the first place. After all, are we not in His debt anyways already?

I hope as we head to the fields of our respective labor in the church, let us not do it with preconceived notions of the blessings we should get. If we focus on the work and doing the best we can, it’s my testimony that God’s grace is sufficient. He will take care of the wages after all we can do (Consider 2 Nephi 23:25).

Thanks for reading.

The Principle-Agent Problem

Any firm or business has goals and objectives that are set with the motive to maximize potential.

If you and I start a business, an interesting dynamic emerges when we hire our first employees. We explain the policies and procedures as well as try to convey what the company should stand for. However, these employees are individuals, likely with a family and individual needs and passions. They have their own self-interests that dictate a large part how they make decisions. So what happens when an employee’s self-interest conflicts with the goals of the company?

In economics we call this the principle-agent problem.

In its mildest forms you might see it as taking shortcuts in customer service. In more serious cases, this problem fosters corruption and illegal activities like inside trading on the stock market, cooked books where companies hide their losses and other schemes.

The most likely place you’ll see a principle-agent problem is when there is a great deal of personal gain or reward for the individual that doesn’t line up with the objectives of the firm.

The recent financial crisis manifests this problem when risky behavior results in great personal profits for individual hedge fund managers or mortgage specialists while the bank as a whole collects bad mortgages and debt to the point of near-failure.

A sense of shared-responsibility gets replaced with selfishness and left unchecked, crisis ensues.

The gospel of Jesus Christ teaches us that such behavior yields little fruit for, “even as ye have done it unto the least of these thy brethren, ye have done it unto me,” (See Matt. 25:40).

Our company is Christ and we who have taken upon us his name have a charge to put down the natural man and seek to be one with the will of God. As such we will often come to points where the principle-agent problem is ours to wrestle with. One one side is what we want to do and on the other is Lord’s will.
Will we chose the Lord’s way over our personal wants and desires?

John Taylor taught that the Prophet Joseph Smith warned the Twelve that trials and challenges come with choosing to be an agent for Christ:

“I heard the Prophet Joseph say, in speaking to the Twelve on one occasion: ‘You will have all kinds of trials to pass through. And it is quite as necessary for you to be tried as it was for Abraham and other men of God, and (said he) God will feel after you, and He will take hold of you and wrench your very heart strings, and if you cannot stand it you will not be fit for an inheritance in the Celestial Kingdom of God.’ … Joseph Smith never had many months of peace after he received the truth, and finally he was murdered in Carthage jail,” (See “ Chapter 19: Stand Fast through the Storms of Life, ” Teachings of Presidents of the Church: Joseph Smith, (2007)).

The principle-agent problem presents the Lord with an opportunity to try and test us, to prove us herewith, to see if we will do all things the Lord their God commands them. We learn and stretch and grow in ways we hardly imagined. Speaking of the costs of discipleship, Elder Holland taught,

“. . . The good people, the strong people, dig down deeper and find a better way. Like Christ, they know that when it is hardest to be so is precisely the time you have to be at your best. As another confession to you, I have always feared that I could not have said at Calvary’s cross, “Father forgive them for they know not what they do.” Not after the spitting, and the cursing, and the thorns, and the nails. Not if they don’t care or understand that this horrible price in personal pain is being paid for them. But that’s just the time when the fiercest kind of integrity and loyalty to high purpose must take over. That’s just the time when it matters the very most and when everything else hangs in the balance–for surely it did that day. You and I won’t ever find ourselves on that cross, but we repeatedly find ourselves at the foot of it. And how we act there will speak volumes about what we think of Christ’s character and his call for us to be his disciples.”

Our personal principle-agent problems might not be as unique as some of the challenges Joseph or Abraham, but they will be just as real. Harold B. Lee taught that the most important commandment is the commandment that you have the greatest difficulty living. Take a moment to consider what your personal principle-agent conflicts might be and with the Spirit as a guide, set out to resolve them.

Thanks for reading.

 

Choosing Your Battles

The older I get, the more I realize some things just aren’t worth getting upset over. I think as age sets in you realize, hey when I wake up in the morning, it’s not going to be that big of a deal.

Often the cost of being right or making a point outweighs any benefit that might have come.

I feel like this has been an important part of marriage relationship. There are many topics that are not the marginal benefit of being right in a discussion. Why? Because an unhappy or hurt wife costs a whole lot more than the benefit of being right. What profiteth a man if he does get his way but loses his wife? What reward has he?

As my wife and I take long walks and discuss our future as parents (now only 8 weeks away), I feel like this will also be something that I want to keep in mind as our daughter grows up. In those difficult toddler years, I want to focus on the most important lessons and not make a big deal out of every action. I also feel that way she (and her future siblings) will better understand our family’s priorities. If everything is a big deal and I am constantly correcting her, how will she know when something really serious comes around?

When we fail to choose our battles, we run the risk of perpetually calling wolf.

A More Excellent Way

In our day to day interactions with those we care for and or associate with, consider how the Atonement of Jesus Christ can bless your ability to communicate and get along. When the stakes are high and emotions even higher, who better than he who can calm the winds and waves to guide your heart?

I believe the Lord taught us about choosing our battles when he taught us to “[Reprove] betimes with sharpness, when moved upon by the Holy Ghost; and then showing forth afterwards an increase of love toward him whom thou hast reproved, lest he esteem thee to be his enemy; ( D&C 121:43).

In the context of choosing our battles, consider these three principles from the verse above. There are likely others (feel free to use the space below to share your thoughts!) but we’ll start with these three.

Principle #1: Always chose your battles out of love, not anger.

With love as our motive, it greatly softens the sting of reproof or correction. When we speak up out of love, we are not motivated soley by what benefits us, but what benefits the other person as well. Often an important step in this process is frank forgiveness. If we harbor resentment and distrust afterwards, we’re hardly showing an increase in love.

Principle #2: Seek the inspiration of the Holy Ghost in articulating (with sharpness, or clarity) what the concern is.

When the Lord drove the money-changers out of the temple, he first took time to braid a whip. Likewise, it’s wise to take time to prayerfully consider what is the best approach. Is there an underlying principle or value that is being violated? By focusing on a principle or moral, it invites the spirit to testify of truth and it make it easier to avoid defensiveness. Remember, it’s not about who is right, but what is right.

Principle #3: Address concerns betimes, or in a timely manner.

Betimes means quickly or promptly. This prevents bad habits from taking root including the build-up of frustrations on either side.

What do you think? What helps you to keep things in perspective? How do you choose your battles?
Take a moment to share your thoughts in the space below!

Thanks for Reading.

Capital and Labor in the Latter-days

I don’t for the life of me know why, but the other day while driving in the car, I was thinking about the Parthenon in Athens, Greece. I remember from grade school discussing the math and architecture that went into constructing that edifice. Not only does it include principles of counter-perspective (for example, why the pillars look evenly spaced even though they aren’t) but also mathematical principles like the golden ratio.

It’s phenomenal, and they did it thousands of years ago. I mentioned this to my wife who was in the car with me (and who has become acquainted with my random thought processes). I said, “I can’t even begin to think about where I would even begin to start thinking about where to start building something like that.”

She said, “Sometimes it feels like we are a lot dumber today in that respect.”

Perhaps, but even so, I also considered how technology automates so much of the calculations in life. So I asked the question, “or, does it allow us to focus on what’s more important?”

She said she hadn’t thought about it that way before and honestly, neither had I.

Today more than ever, technology and equipment (often referred to as capital in economics), allows people (referred to as labor) to do more. For example, members of the Quorum of the Twelve Apostles are able to conduct regular interviews with potential mission presidents and temple presidents all over the world without leaving Salt Lake. While they are relatively few in number, the Lord’s laborers can extend their reach further with capital. Perhaps you’ve also had a satellite stake conference, where presenters from Salt Lake were able to take the time to deliver a personalized message to your area.

Latter-day saints in the early 1980s experienced a similar “upgrade” with the cross-referenced standard works. What would have taken a great number of individuals to collectively know about the scriptures can now be understood and applied by a single individual.

Today the internet provides access to the Restored Gospel of Jesus Christ to virtually anyone. The Lord is blessing the work through these wonderful innovations in technology. Much like the servants we’ve been given talents that if used properly can generate much good and “income” into the Kingdom (remember, he that hath eternal life is rich). I came across this 1981 comment by President Gordon B. Hinckley regarding how technology and innovation will further the work of the Kingdom. I find it particularly remarkable 30 years later how in so many ways his words are coming true.

Thanks for reading.

P.S. The original poster of the YouTube Video is responsible for the video title. While the internet is certainly part of it, I would say President Hinckley’s inspired comment extends much farther.

Enjoying the View

I had the opportunity the first part of this week to spend a couple of days in Yellowstone National Park with my wife and my parents and siblings. This was my second trip to Yellowstone, and highly enjoyed the fresh air, the sweeping panoramas, the geysers, and of course the wildlife.

Tuesday, the second day we were there, we were viewing the upper and lower falls of the Yellowstone river. We came to pullout entitled, “Grand View.” It was a magnificent vista of what is called the Grand Canyon of Yellowstone. 20 miles long and at points more than 4000 feet across, the bright yellow rock and the clear, blue Yellowstone River below was quite the site:

My nephew and the Yellowstone river canyon

As we were walking back to the car, ready for the next spectacular view, two parents passed by. Their daughter, who was probably about 14 or so, was slow to get out of the car and as she started towards her parents she looked around briefly and then asked, “Wait, another walk?! I’m done. I’ll be in the car.” With that she spun around and went right back to the car. It was then that I noticed that she had an older sister who hadn’t even left the car. The fact that the lookout point of Grand View is a very short distance from the parking lot, made the moment even more ironic to me.

It struck me that with just a little bit of effort, there was a wonderful, breath-taking view that was likely to help her enjoy her journey a little more. The wheels in my head started turning and I asked myself the question, “Do I ever do that?” Are there things I avoid because I am afraid of the effort (costs) that I think might be involved? How often is it that the ‘effort’ involved turns out to be but a small moment that leads to a better,’grand view’ of the Lord’s plan for me and my family?

Like Laman and Lemuel, perhaps we are too quick to complain and “murmur, saying it is a hard thing which [is] required of [us];” (1 Nephi 3:5). They failed to see the grand view because (by their own choosing and disbelief), “the Lord maketh no such thing known unto [them],” (1 Nephi 15:9). O the irony that all it would have taken for Laman, Lemuel and the young girl at the car some simple steps of faith to enjoy the ‘grand view’.

I hope we can all go and do, and not miss out on the grand views of our lives.

Thanks for Reading.

P.S. The young boy in my posts is my 4-year-old nephew, Parker.

Sunk Costs

I currently own a red 1997 Chevy Camaro. As with many old cars it has it’s ‘senior moments’. In fact, last night my father and I worked on replacing the battery for close to two hours while my brother tried to get the driver-side outside handle to work.

Today’s economic principle is what is called a sunk cost. Take the example of an old car. When we ask ourselves whether it is time to get a new (or at least less-old car), we might say, “Yeah, but I’ve spent so much on this car.” A sunk cost is any cost that we have already paid and cannot be recouped and thus should not factor into decision making. What do we focus on? Marginal Benefit and Marginal Cost.

Going back to the car example. Let’s say we expect to replace a number of key, expensive parts in the coming months. Regardless of what we have paid in the past, at this moment, if the cost of those fixes exceed how much it would cost to replace the car with a newer, more reliable car, we’re probably in an ideal situation to sell the car. Not only that, there is a good chance beyond the money saved in continuing repairs, there is a high chance of some revenue being generated by selling the old car.

Examples of Sunk Costs

It was hard as a missionary to see individuals hold onto their ‘sunk costs.’ Perhaps it is something like smoking or another sinful vices. It has costed them so much up to this point, but they lacked the courage or faith to leave it behind, even when the eternal benefit of the gospel of Jesus Christ was in front of their face.

A young lady might find it difficult to give up the expensive clothes she wears. Even though they are immodest, she spent good money for them and they are hard to part with. Her leaders encourage her, citing the blessings and protections that come from obedience to the standards of the gospel.

The people of Ammon buried their weapons of war, full aware of the violence that was stirring in the hearts of fellow Lamanites around them. They felt that “since God hath taken away [their] stains, and [their] swords have become bright,” they saw greater benefit in “[staining their] swords no more with the blood of [their] brethren,” (Alma 24:12)

In high school I purchased a CD of a popular band, only to discover that all of their music centered around immoral actions and violating the law of Chastity. The night before I had just spent $16 in the CD but I determined it wasn’t worth keeping. I gave it away at school the next day.

By learning to identify sunk costs and exclude them from a decision making, we can make the better decision at the present.

Thanks for reading.

Ceteris Parabis: “The Latin Principle”

When life turns a shade of gray and decisions get complicated, focusing on the most important principles can see us through.

Lately in General Conference, among many other themes and important messages, I’ve seen two ideas that provide an interesting contrast to each other:

  1. This generation has a great potential for righteousness and has been saved to be the Lord’s people in the latter days.
  2. The standards and morals of the world are quickly deteriorating and it will get even worse.

We often talk about how great this generation is, but let’s not forget why. While David A. Bednar was president of Brigham Young University, Elder Maxwell came to speak for a devotional. In their conversations that day, Elder Maxwell made a statement that impressed President Bednar. He said, “The youth of this generation have a greater capacity for obedience than any previous generation,” (“Things as They Really Are,” David A. Bednar, Ensign, June 2010)

And yet, “now we live in a world where people are confused. If you don’t believe it, go and watch the news,” (Children’s Songbook, no. 110). The world today offers so many shades of gray. For many, they’ve abandoned absolute concepts of right and wrong altogether. I have a younger sister about to enter high school and a brother-in-law who just finished high school. I haven’t been out of high school that long and I still marvel at some of the challenges they are facing that I didn’t even dream of having to deal with.

How is this generation to keep its moral compass strong in a world that is seemingly harder and harder to navigate successfully?

Keep this question in mind, we’ll come back to it.

Economic Functions

Businesses face complex decisions all the time. There are a lot of factors to balance before a company can determine a quantity to produce and a price to sell at. What kind of factors are we talking about? Some include:

  • Labor costs (who to hire and when they should work?)
  • Equipment costs (called capital)
  • Interest rates
  • Advertising
  • Household Income (when this changes, how does it change demand for my product?)
  • The price of related goods
  • Taxes and other regulations
Not only do I need to be aware of these factors, but as an economist, I want to figure out how much these impact my business. To do that, I use statistical regression analysis (sounds like fun right?) to get an idea of a ‘best fit’ formula that accounts for most combinations of the factors above. This formula is called an economic function. It often looks something like this:
Quantity=300,000-25P+2A+.003I-.09PR-.0002T
If all that sounds confusing, it can be. One of my professors calls it ‘soup making’. You keep experimenting with different combinations and tests until you come out with a reciepe that ‘tastes’ the best. Each variable (represented by a letter) can changes the resulting ideal quantity. Where do I begin? How in the world do I make the right decision on how much to sell and what price?
Enter Ceteris Parabis.

‘All Else Equal’

Ceteris Parabis is Latin for ‘all else equal’. When making important economic decisions, we isolate the most important factors hold everything else constant. From the long equation above, we focus on the most important relationship: price and quantity. To hold everything else constant means to assign those other factor a value and not change it. Like a science experiment, you only want to test one relationship at a time.

Let’s pretend we are able to make some estimates for A, I, PR and T above and hold them constant. We do the math and combine them into one constant figure. The long, complicated formula above becomes:

Quantity=-25P+9,000

If you remember Algebra I, you might recognize your basic line formula: y=mx+b. Now it is really easy to focus on the relationship of price (P) and quantity. I can change the value of one and judge better the outcome of the other.

Application

In the decisions of life there are many choices that must be made and a thousand factors that might influence how we make the choice. Avoid getting bogged down in the details. When it get’s complicated, practice Ceteris Parabis. What is the most important relationship or principle that is at play? The scriptures are full of examples of men and women who understood the bigger principle and were able to fulfill God’s will and secure His blessings. Unfortunately there are some, like David and Solomon, who allowed other factors get in their way and it caused their downfall. Remember Dallin H. Oaks’ question: ‘where will it lead? (see ‘MB=MC post’).

In closing, I leave you with a favorite quote from Richard G. Scott:

“As you seek spiritual knowledge, search for principles. Carefully separate them from the detail used to explain them. Principles are concentrated truth, packaged for application to a wide variety of circumstances. A true principle makes decisions clear even under the most confusing and compelling circumstances. It is worth great effort to organize the truth we gather to simple statements of principle,”( “Acquiring Spiritual Knowledge” Ensign, November 1993, 86).

Thanks for reading.

After All We Can Do [EXCERPT]

The following is an excerpt of the Gospelnomics manuscript. It follows up our discussion last time of marginal benefit and costs (Posted July 8, 2011).

[dropcap]Being able to weigh costs and make good decisions is an important part of our experience on this earth. We learn from Abraham that we will be “[proven] . . . herewith, to see if [we] will do all things whatsoever the Lord their God shall command them,” (Abraham 3:25). It’s important to note that in order for us to prove our obedience to what the Lord commands, we will be tested. We will face ambiguity and challenge in the process. It will not always be so easy to figure out where it might lead or if it will not end well. We will need help along the way. That help might come in many forms, but the ultimate source of all assistance is the grace and love of the Savior Jesus Christ.
[/dropcap]

Part of ‘[doing] all things whatsoever the Lord [our] God shall command [us]’ involves relying on the mercy and guidance of the Savior. When we cannot fully judge the costs before us, we must be ever ready to defer to his perfect judgement.

The Savior instructed the early leaders of His restored church on this principle when he said unto them, “But behold, I say unto you, that you must study it out in your mind; then you must ask me if itbe right, and if it is right I will cause that your bosom shall burn within you; therefore, you shall feel that it is right,” (D&C 9:8).

Joseph, months previous to that revelation, learned the importance of always trusting in the Lord’s guidance through a very difficult experience.

Many of you will recall that Martin Harris was the first man to serve as Joseph’s scribe in translating the golden plates. After many pages were completed, Martin asked that he be allowed to show the translated pages to his wife, that she may be persuaded and convinced as to the work they were about.

Joseph inquired of the Lord and the answer came back “no.”

Martin wouldn’t let it go, and pleaded that Joseph ask again. He did so and the answer came back again, “no.”
And still Martin pressed and Joseph yielded, asking the Lord a third time that Martin may be allowed to show the pages to his wife.

This time the Lord consented, requiring that Martin only show the pages to his wife and to guard them closely.
Martin Harris did not keep his promise to Joseph and the Lord, resulting in the loss of the 116 pages of the Book of Lehi.

Perhaps neither Joseph or Martin could forsee any harm in the request for Martin to take the pages, but the Lord did.

When the Lord finally did give Joseph the plates again, he counselled Joseph saying,
“Marvel not that I said until you: Here is wisdom, show it not unto the world—for I said, show it not unto the word, that you may be preserved.

“Behold, I do not say that you shall not show it unto the righteous;

“But as you cannot always judge the righteous, or as you cannot always tell the wicked from the righteous, therefore I say unto you, hold your peace until I shall see fit to make all things known unto the world concerning the matter,” (D&C 10:35-37).

Take a moment and consider what decisions you might want to make where the Lord might have a different answer or solution than you’d like to hear. What wisdom can we gain from Joseph’s experience?

  • It’s highly unlikely that we will not be able to weigh the hidden costs of our actions. Because the Lord has perfect foresight, we should recognize His promptings and direction as loving warnings to shield us from the adversaries intent to destroy us.
  • To ‘marvel not’ and ‘to hold our peace’ might suggest that we should avoid complaining or murmuring against the direction of the Lord because we don’t see what the Lord sees.

Nephi teaches us that we are saved by grace after all we can do. I’d like to apply that passage here too. After all we do, we need the Savior’s assistance in making good decisions. We should do what we can but realize that it is not enough. We need His grace, His wisdom and His perfection to help us make it home.

“For my thought sare not your thoughts, neither are your ways my ways, saith the Lord.

“For as the heavens are highter than the earth, so are my ways higher than your ways, and my thoughts than your thoughts,” (Isaiah 55:8-9).

Marginal Benefit and Cost

In economics, one of the primary measuring sticks for making decisions is weighing marginal benefits and marginal costs.

What do we mean by the word marginal? In simplest terms, the word marginal means ‘one more.’ For example if I consider eating one more slice of pizza, I ask myself, what is the benefit of one more slice of pizza? What is the cost of eating one more slice of pizza?

Some benefits might take the form of enjoying the flavor, satisfying hunger pains or the satisfaction that you stole the last piece from your brother.

Some of the marginal costs involved might be heartburn later in the evening, added weight, increased oil build-up on your face, or the emotional distress caused when your brother argues with you over why you always get to have the last piece.

When the cost of ‘one more’ begins to pass the benefit of ‘one more,’ it’s time to stop.

The optimization rule is simply marginal benefit=marginal cost, or

MB=MC

As long as marginal benefit exceeds marginal cost, keep consuming. But when you arrive at MB=MC, you’ve reached an optimal consumption:

This is easier when money is involved, because it’s comparing apples to apples, or dollars to dollars.  It gets harder in our daily lives when, for example, we might be trying to figure out the marginal benefit of extra hours at the office. The marginal benefit might be more money but the cost is likely time with our families and children. How do you quantify the value of that?

We have to make decisions like this every day. It’s important to realize that not all benefits and costs are readily visible. Like President Packer’s Spiritual Crocodiles, there could be physical or spiritual costs laying nearly invisible just below the surface. These, if not accounted for, can completely overwhelm us. Nor can we fully estimate the impact of a single missionary moment, where we were willing to share the gospel or follow through on a prompting to server another.

In economics we discuss the short-run and the long-run. In Gospelnomics we add a dimension: the eternal.

In a spot-on devotional address to students at BYU, Elder Oaks discoursed on the value of considering the implications (which we’ve identified here as marginal costs and benefits) of our decisions. Dallin H. Oaks taught,

Potentially destructive deviations often seem so small that some find it easy to justify “just this once.” When that temptation arises–as it will–I urge you to ask yourself, “Where will it lead? . . . I [suggest] this [is] a valuable question against which we can measure many personal and private decisions,” (BYU Devotional, “Where will it lead?” 9 November, 2004).

My sole purpose today is to recommend this talk. I’ve been personally benefited by his message and I know it to be true. I invite you to take some time this weekend to read it, watch it or listen to it. Be sure to come back afterwards and comment on what you thought.

Thanks for reading.

Dallin H. Oaks: “Where Will It Lead?”

BYU Devotional: November 9, 2004

Gospel and Economic Law

In economics there are a few ‘laws’ that govern the basic philosophies and under-girding of economics.

The Law of Demand, the Law of Supply and the Law of Diminishing Returns–to name a few. Each of these are fundamental to understanding how and why economics is a viable field of study and research. Understanding these laws helps firms and individuals maximize their potential.

Without it them it’d be very hard to put any semblance of meaning to business practice. Determining prices and forecasting sales would be akin to the proverbial shot in the dark. How many people to hire, what will happen to my sales if I raise my price, and many other important questions would be questions left unanswered.

These laws have been derived through experience and experiment. They weren’t created by man but observed. Men and women before us like, perhaps most notably inasmuch as capitalism is concerned, Adam Smith, figured out a pattern that has proved to explain this or that phenomenon in the market. Tried and true these patterns became known as laws because of their universal application to understanding the market.

Spiritual Law: Not So Different

Likewise, “there is a law, irrevocably decreed in heaven before the foundations of this world, upon which all blessings are predicated,” (D&C 130:19). There are laws out there, beyond the control of you or I that govern the universe and how it functions. How do we know this? Our Father in Heaven taught them to us so we could gain eternal life and happiness. The prophet Joseph Smith taught:

“God found himself in the midst of spirits and glory, and because he was greater, he saw proper to institute laws whereby the rest could have the privilege of advancing like himself–that they might have one glory upon another and all the knowledge, power, and glory necessary to save the world of spirits.”

It is through coming to understand those laws that men and women on this earth find meaning on this earth. Just like understanding the laws of supply and demand help firms and individuals maximize their profits, we can be profited greatly by understanding applying gospel law to our lives:

“And again, verily I say unto you, that which is governed by law is also preserved by law and perfect and sanctified by them same,” (D&C 88:34).