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  • Essay / The Bible: The Role of Government in the Bible

    Henry Hazlitt says: “The art of economics consists in examining not only the immediate but also the longer-term effects of any act or policy; it consists of tracing the consequences of this policy not only for one group but for all groups” (Hazlitt, 1979, p. 17). Leviticus 19:35-37 obliges us: “You make no mistake in judgment, in measuring weight, or in capacity. You will have right scales, right weights, right ephah and right hin. I am the LORD your God, who brought you out of the land of Egypt. Therefore you shall observe all my statutes and all my judgments, and do them: I am the LORD. According to Proverbs 22:7, people will always be slaves to the lender, as demonstrated by the Federal Reserve System which violates biblical economic values..