The Christian Worldview of ECONOMICS

Howard L. Dayton, Jr., founder of Crown Financial Ministries, stated in his book Leadership: Jesus talked much about money. Sixteen of the thirty-eight parables were concerned with how to handle money and possessions. In the Gospels, an amazing one out of ten verses (288 in all) deal directly with the subject of money. The Bible offers 500 verses on prayer, less than 500 verses on faith, but more than 2,000 verses on money and possessions.The most obvious reason for this abundance of...
More Description

Howard L. Dayton, Jr., founder of Crown Financial Ministries, stated in his book Leadership: Jesus talked much about money. Sixteen of the thirty-eight parables were concerned with how to handle money and possessions. In the Gospels, an amazing one out of ten verses (288 in all) deal directly with the subject of money. The Bible offers 500 verses on prayer, less than 500 verses on faith, but more than 2,000 verses on money and possessions.The most obvious reason for this abundance of instruction on riches and possessions is due to the fact that our possessions can so easily become a replacement for god in our lives. Because we are born into a material world, the material can capture our attention, cause worry and anxiety, and distract us from the eternal. Our God wants us to avoid those traps.According to Webster's dictionary, the study of economics deals with the production, distribution, and consumption of goods and services. Thus, it is intimately concerned with defining how wealth (goods, possessions, or resources) is generated, obtained or spread among individuals and nations.As we saw in the 1st video - "What is a Worldview and Why Does It Matter?" - the Biblical worldview of early America brought not only tremendous benefits to U.S citizens, but also to nations throughout the world. In this video, we will examine why. We will also look at the Biblical view of charity, poverty, welfare programs, and the work ethic.In this age, many are questioning the economic system of capitalism (free market economy) and more are embracing socialism as the most "fair" way of governing the public wealth. Let's compare and contrast these opposing worldviews and decide for ourselves which makes more sense.