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Biblical Economics: A Commonsense Guide to Our Daily Bread Hardcover – December 31, 2008


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Product Details

  • Hardcover: 218 pages
  • Publisher: Tolle Lege Press; Third edition (December 31, 2008)
  • Language: English
  • ISBN-10: 1607021501
  • ISBN-13: 978-1607021506
  • Product Dimensions: 7.6 x 5.1 x 0.8 inches
  • Shipping Weight: 8.8 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (20 customer reviews)
  • Amazon Best Sellers Rank: #79,346 in Books (See Top 100 in Books)

Editorial Reviews

Review

During any discussion of economics and politics from a biblical perspective, one will inevitably hear the oft-repeated statement, The Bible is not an economics textbook. No serious economist or theologian would deny this, but its implications are dangerous. The philosophical, moral, and ethical side of economics can easily be overlooked... Economics in theory and in practice touches heavily on, and at times rudely collides with, biblical ethics. Where ethics touches economics, the Bible is relevant. --R.C. Sproul, Sr.

Biblical Economics is actually the third incarnation of this book. It first appeared in 1985 under the title Money Matters, its author a prodigious twenty years old. Nine years later, as the economy became a topic of obsessive concern among Americans, the book was reprinted as Dollar Signs of the Times. In 2002 it was published by the Highlands Study center as Biblical Economics and in 2008 released again by Tolle Lege Press. --Tolle Lege Press

About the Author

Robert Craig Sproul, better known as R.C. Sproul, Jr., is a Calvinist Christian minister and theologian and is the son of Robert Charles Sproul, a noted Reformed theologian and founder of Ligonier Ministries. Sproul, Jr. holds degrees from Grove City College and Reformed Theological Seminary and received his D.Min. from Whitefield Theological Seminary. He is a teaching elder of Saint Peter Presbyterian Church (SPPC) and is founder, chairman, and teacher of the Highlands Study Center (HSC), both in the Bristol, Virginia area. At HSC, Sproul teaches a Bible study for the community and classes for homeschooled students, guides HSC's resident students through their independent studies, and serves as executive editor of Every Thought Captive, a bimonthly magazine published by HSC. He has spoken at a number of conferences and is a vocal supporter of homeschooling, traditional family roles, and limited government.

Customer Reviews

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The world according to God is created as "very good."
Uriesou T. Brito
Explains the Natural Laws of Free Market and how they work most effectively given both the good and bad sides of human nature.
Amazon Customer
Excellent, well written explanation of economics in general and Biblical economics in particular.
L. Secrest

Most Helpful Customer Reviews

37 of 43 people found the following review helpful By Amazon Customer on February 9, 2009
Format: Paperback
I have studied Macro and Micro Economics since high school and graduated with an MBA (with honors). As well as I know economics, I've never seen anything that so simply explains how economics works in such a practical, easy to understand way.

* Explains the Natural Laws of Free Market and how they work most effectively given both the good and bad sides of human nature.

*Explains how reasonable, LOW taxes actually places MORE money in government coffers.

* Explains how wealth and prosperity for ALL of us is created (and destroyed).

* Reminds us of the "Rule of Law" established by the Founders in our US Constitution to protect the wealth of ALL hard working Americans and how that it has been supplanted by the "Rule of Men" to undermine our democracy and gives the government the license to steal on behalf of those who do not wish to work or compete in the open market.

* Demonstrates how currency works and how our own politicians continually devalue the cash you work so hard for (INFLATION is a tax not caused by greedy Wall Street Tycoons and evil speculators, but by politicians who create reckless deficits and print fiat money to pay them off).

*Outlines the limits the Constitution imposes on the federal government and how the violation of those limits is stealing wealth from

*Provides recommendations as to how we can turn back the tide.... IF it's not too late!

Using fear to scare the American public into a "stimulus" package, the present administration is taking us down the same road as Germany during the early 1930s (when it took a wheel barrow full of Deutschemarks to buy a loaf of bread) and Robert Mugabe's present day Zimbabwe.
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21 of 24 people found the following review helpful By Uriesou T. Brito on October 22, 2009
Format: Hardcover
Biblical Economics is a must read for any Christian. In this book, Dr. R.C. Sproul Jr. has declared that the Bible is emphatic about a particular view of economics. The author argues that Biblical economics is beneficial to all of society. Its primary intention is not to bury the poor in a sea of debt, but to give the poor an opportunity to reap the benefits of mass production. R.C. does not treat the Bible as a textbook for every single economic decision we will make, but he does see it as useful for understanding economic issues. Christians are called to build a "social order that reflects the glory of God." This is only possible in a society where citizens are both productive and aware of God's law-word.

The book avoids radical approaches to economics; for instance, radical materialism and radical spiritualism. In avoiding the isms, exploring the Biblical view of economics can turn into a God-honoring exercise. Filled with an optimism of God's work of redeeming this world, R.C. writes that: "Redemption, in the full biblical sense of the word, is both physical and spiritual." This Kuyperian dynamic is found throughout the book. The world according to God is created as "very good." The fall cannot hold back what God has intended to accomplish through Christ, and that is the restoration of civilization under King Jesus.

But what does a society look like under biblical economics?

Nations prosper because profit leads to surplus capital and that leads to tools and that leads to production. When this pattern is seen "the common man is allowed to have luxuries once owned only by nobles." Beyond that, the "poor reaps the benefits of mass production." The Puritan work ethic is at the center of this biblical understanding of economics.
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8 of 9 people found the following review helpful By Paul Dare on May 24, 2010
Format: Hardcover
This is essentially the first book I've read on economics. Not counting my high school textbook (which I highly doubt I ever read seriously and which I'm certain I remember nothing from).

This was an outstanding book and helpful in a myriad of ways. Dr. Sproul's breakdown of the five essentials to a prosperous economy was so easily understood that I was able to share most of it with my children at dinner each night.
1. Production
2. Tools
3. Surplus Capital
4. Profit
5. Prosperity

Take out or tamper with any of these five and it's only a matter of time before something goes horribly wrong. Yes, a capitalistic free-market is often plagued with greed. But it's still the best system and socialistic, Marxist, communistic systems are doomed no matter how loud they claim to help the poor or the worker. No man-made system will be perfect, because man's involved. But capitalism CAN work while other systems CAN'T work.

I can't say much more than the other +reviewers here and they have expressed my sentiments exactly. If you've never read anything on economics, get this book. It's a perfect introduction as well as a way to be exposed to other great resources and theories (Adam Smith's work, Keynesian theory, Austrian economics, etc)

Highly, HIGHLY recommend!
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5 of 6 people found the following review helpful By Thomas F on January 21, 2010
Format: Hardcover Verified Purchase
This is an excellent introduction to economics. Not overly technical for those who are just wading into the water of this vast subject.
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2 of 2 people found the following review helpful By Jeremiah Dahl on February 6, 2013
Format: Hardcover
Biblical Economics is, just as the title would lead you to believe, an explanation of just what Scripture puts forth as a guide for the economic process. The author notes that the Bible is not an economics textbook, yet the truths set forth therein still have some applicability to that realm of study. As the author states "Where ethics touches economics, the Bible is relevant." (p16)

The first idea introduced is the Biblical mandate set forth in Genesis for the stewardship of the earth, that man is set as a steward, that work was originally not a negative thing, and that there is a precedent for such a thing as private property.

Sproul next gives rationale for caring about the workings of economics through a contrast between materialism and spiritualism, and the medium which Scripture offers between them. - warning against the philosophy of Marx on the one hand and of the Social Gospel on the other. Sproul then goes on to discuss prosperity and the conditions needed to create it, relying on the philosophies of Adam Smith and the Austrian school of Mises, and arguing against the system put forth by Keynes. He gives a discussion on the way in which money came about, of inflation and what it is, of debt, of poverty, of equity and it's contrast with equality, of the government's role in all of this, and finally concluding with what we might do about it.

The central tenant being put forth is one of economic liberalism, of capitalism, of small government in relation to economic matters, while offering a moral and practical argument against the seeds of socialism and the school of Keynes.
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More About the Author

Dr. R. C. Sproul Jr. is a teaching fellow at Ligonier Ministries and associate professor of theology, philosophy and apologetics at Reformation Bible College at Ligonier Academy in Sanford, Florida.

He planted Saint Peter Presbyterian Church in southwest Virginia and is the founder, chairman, and teacher of Highlands Ministries. He holds degrees from Grove City College, Reformed Theological Seminary, and Whitefield Theological Seminary.

Dr. Sproul is the author or editor of more than a dozen books, the most recent of which are The Call to Wonder; Believing God; Bound for Glory; After Darkness, Light: Essays in Honor of R. C. Sproul; and When You Rise Up: A Covenantal Approach to Homeschooling. He is a regular columnist for Tabletalk and Homeschooling Today magazines. Dr. Sproul has ministered in Russia, Myanmar, Colombia, Japan, the United Kingdom, New Zealand, and Israel.

He is a widower and a homeschooling father to Darby, Campbell, Shannon, Delaney, Erin Claire, Maili, Reilly, and Donovan.

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