How we make our money is just as important as how we spend it. Economic activity is one of the most common and basic forms of human interaction and the Bible has much to say about it. However, it takes time to understand the complexities of our modern economy so that we can better apply God’s principles to our everyday activity. Here are five reasons your effort will be worthwhile.
1. Good stewardship includes taking care of the economy.
Everything is God's (Psalm 24:1). We are given the privilege of being stewards of God's creation. (Genesis 1:26–28). But good stewardship involves more than charitable giving, wise spending, and performing our jobs with integrity.
Good stewardship includes taking care of the economy. In Israel, people provided for their families utilizing land, capital (tools and animals), and their own labor. Prohibitions against theft, laziness, and moving boundary markers were designed to maintain everyone's ability to steward his allotted piece of God's creation.
In today's complex economy, protecting each person's ability to steward from the evil schemes of others is no less important. In an agricultural society you literally reap what you sow. But in our economy, most people entrust their money to a local bank, the government, or a financial institution. The problem is, as attested by events leading up to the 2008 financial crisis, they may invest your money in dishonest ways that enrich some while bankrupting others. You might become a victim or unwittingly victimize others.
How we make our money is important because, if we gain wealth at the expense of others rather than produce wealth, we take what God has given to others to steward and thus deprive them of that opportunity.
A better understanding of economics will help Christians identify, oppose, and refrain from participating in investment vehicles that simply transfer wealth rather than produce it.
2. God expects us to defend the defenseless and deliver them from the hand of the wicked.
The Bible often describes the wicked in terms of economic interaction. The wicked have no concern for the poor (Proverbs 29:7), use dishonest and deceptive means to gain wealth (Micah 6:10–12), and are free to oppress the poor when society honors their vile practices (Psalm 12:5–8).