Author: Britton Brown
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The word “economy” comes from a Greek word “oikonomia”, which actually means “management”.
As Gods stewards, we are managers over everything He has given us, which is the biblical doctrine of stewardship.
The Bible says that God owns the entire creation, including all the souls of the universe. He proposes and disposes. None can resist His will. But man who was made in His image is appointed to be Gods steward. What an awesome privilege!
With this appointment man is given the responsibility to make decisions concerning the resources under his administration. This certainly brings the responsibilities we have been given and the decisions we make to a whole new level. Man has been given the ability to make decisions and chooses what things to do with these assets he was given. We say “yes” to one possible use of any given resource, and “no” to all other uses. This is exactly what makes man an economist and with that comes the responsibility for every single decision we ever make, and this includes our economic decisions.
How do we apply our responsibility as Gods economist and make Godly decisions in our lives and businesses?
It all starts with a basic understanding of Gods principals, which is how He likes to move and do things.
- The first principle of Christian economics is that we need biblical revelation to guide us in our decision making process. We must start with the sovereignty of God since He is the owner of all creation.
- The second principal is that all ownership must be personal.
- The third is that all men are fully responsible for their economic (and all other) decisions.
- The fourth is that as we learn Genesis 3:17-19, the earth is cursed. It now brings up thorns and thistles to interfere with mans stewardship, which is a dominion stewardship. Its here that we take our position and begin to operate and take dominion over the works of the enemy and begin to walk in faith, calling those things that be not as though they are. The result of taking dominion in Gods way is in turn advancing the Kingdom.
In short, God has put the responsibility on us to make the decisions and to take action and move forward with your plans. Now the responsibility falls on you and me, so always keep in mind that the Kingdom always advances, it never retreats!
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Reblogged this on Studies in Economics and commented:
Britton Brown provides us with the basic foundation of biblical economics. The existence of the sovereign God and his revelation serve as basic premises. God’s revelation teaches that He is the Ultimate Owner of all things and He appointed man as His steward. Being God’s steward does not remove personal ownership and faithful responsibility. God expects man to be responsible in all his economic decisions. Such economic decisions is a way of taking dominion to advance the kingdom of God.
Just wanted to thank you for the comment you let back on September 21. I pray blessings over you and your business endeavors! Your Co-Laborer in Christ, Britton Brown