Economics 101: Bad Debt The Law of God and Public Policy False promises and bad debt go hand in hand. “If ever you take your neighbor’s cloak in pledge, you shall return it to him before the sun goes down, for that is his only covering, and it is his cloak for his ...
Economics 101: Reason and Love The Law of God and Public Policy Reason and love must overrule covetousness for justice to obtain. “You shall not charge interest on loans to your brother, interest on money, interest on food, interest on anything that is lent for interest. You may charge a foreigner interest, but ...
Economics 101: Credit and Debt The Law of God and Public Policy A just economy is not a debtor economy. “You shall not charge interest on loans to your brother, interest on money, interest on food, interest on anything that is lent for interest. You may charge a foreigner interest, but you may ...
Economics 101: Price Fluctuations The Law of God and Public Policy God’s Law provided for stable prices over time. “If a man dedicates to the LORD part of the land that is his possession, then the valuation shall be in proportion to its seed. A homer of barley seed shall be valued at ...
Economics 101: The Price of Land The Law of God and Public Policy God’s Law established a standard for the sale of land. “If a man dedicates to the LORD part of the land that is his possession, then the valuation shall be in proportion to its seed. A homer of barley seed ...
Economics 101: Price-Fixing The Law of God and Public Policy God’s Law worked to keep prices stable. “If a man dedicates to the LORD part of the land that is his possession, then the valuation shall be in proportion to its seed. A homer of barley seed shall be valued at fifty shekels ...
Economics 101: An Economy under God? The Law of God and Public Policy All economic transactions occur under the watchful eye of God. “You shall not steal; you shall not deal falsely; and you shall not lie to one another.” Leviticus 19:1 In His Law, God commanded His people to treat one another with ...
Economics 101: Economics and Money The Law of God and Public Policy Money is essential to a working economy. “You shall not steal; you shall not deal falsely; and you shall not lie to one another.” Leviticus 19:11 “Economy” is the term we use to describe various policies, practices, protocols, and provisions that govern ...
Economics 101: Guard the Value of Money The Law of God and Public Policy The Law of God forbids manipulating the value of currency. “…you shall take five shekels per head; you shall take them according to the shekel of the sanctuary (the shekel of twenty gerahs).… Numbers 3:47 The Law of God thus ...
Economics 101: Money The Law of God and Public Policy A just economy requires a reliable currency. “…you shall take five shekels per head; you shall take them according to the shekel of the sanctuary (the shekel of twenty gerahs).… Numbers 3:47 From ancient times people have understood the value of currency in carrying ...