Christian Economics: Teacher’s Edition
Then God said, ‘Let us make man in our image, after our likeness. And let them have dominion over the fish of the sea and over the birds of the heavens and over the livestock and over all the earth and over every creeping thing that creeps on the earth.’ So God created man in his own image, in the image of God he created him; male and female he created them. And God blessed them. And God said to them, ‘Be fruitful and multiply and fill the earth and subdue it, and have dominion over the fish of the sea and over the birds of the heavens and over every living thing that moves on the earth’ (Genesis 1:26 – 28). For God knows that when you eat of it your eyes will be opened, and you will be like God, knowing good and evil’ (Genesis 3:5).
But seek first the kingdom of God and his righteousness, and all these things will be added to you (Matthew 6:33).
AnalysisThe economic principle of purpose before planning is an implication of point one of the biblical covenant: God’s transcendence, yet also His presence. It has to do with sovereignty. Sovereignty is a legal classification. In economics, it refers to ownership. God was the Creator. He created the world out of nothing. He did not purchase or rent the ‘stuff’ of creation. Rather, He spoke it into existence. So, He is the cosmic Owner. The owner possesses sovereign control over his property. In God’s case, He possesses absolute control.
The New Testament teaches the doctrine of the Trinity. This means three persons, yet one God. Paul identified Jesus, as the second person of the Trinity, as the creator.
He is the image of the invisible God, the firstborn of all creation. For by him all things were created, in heaven and on earth, visible and invisible, whether thrones or dominions or rulers or authorities – all things were created through him and for him. And he is before all things, and in him all things hold together. And he is the head of the body, the church. He is the beginning, the firstborn from the dead, that in everything he might be preeminent. For in him all the fullness of God was pleased to dwell, and through him to reconcile to himself all things, whether on earth or in heaven, making peace by the blood of his cross (Colossians 1:15 – 20).
This post was published at Gary North on September 20, 2017.