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Fundamentals of Economics

Property, Labor and Ingenuity: General Principle #6

“…and there was not a man to till the ground.” – Genesis 2:5 God created the heavens and the earth, but there was no man to “till the ground”.  God created man, among other reasons, to labor in His garden and care for it.  Not only to care for it, but to “be fruitful, multiply, […]

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Fundamentals of Economics

General Principles Essay #5

God acted in creation with a definite purpose.  Man, among the rest of creation, was specifically made by God for His pleasure.  Man acts because he is made in the image of God; since God acts, we act.  Secondly, we act because God told us to. “And the Lord God took the man, and put him […]

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Fundamentals of Economics

General Principles Essay #4

God acted.  “In the beginning God created the heaven and the earth”.  Genesis 1:1 God created man in God’s image.  “And God said, Let us make man in our image”  Genesis 1:26a God instructed man to “be fruitful, and multiply, and replenish the earth and subdue it”.  Genesis 1:28b God specifically command man to take action.  […]

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Fundamentals of Economics

The Starting Point: Essay #3

Man knows nothing apart from the Bible. What can the Bible teach us about economics?  In fact, it does not teach about economics because it is the primary source of knowledge.  The study of economics does not belong to man, nor does the study of anything else.  Knowledge belongs to God.  God has chosen to […]

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Fundamentals of Economics

The Problem – Essay #2

2 There is a way which seemeth right unto a man, but the end thereof are the ways of death. – Proverbs 14:2 Unregenerate man has a problem.  If he rejects the God of the Bible and the Bible as God’s revelation to man, then he is stuck with himself.  David W. Norris, The Big Picture: The […]

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Fundamentals of Economics

The First Problem: Essay #1

  What do we do about God? The study of any subject must start with something. The study of economics is the investigation of human action. Why do we act?  Because God command us to do so in Genesis 1:28: 28 And God blessed them, and God said unto them, Be fruitful, and multiply, and replenish […]