Tag: oikonomia
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Theologians and Economists: Economics Isn’t in the Bible
[Series Index] I’ve recently been reading M. I. Finley’s classic The Ancient Economy. Early in the book, he explains that the Greek oikonomia (meaning “household management” and the word from which we get “economics”) dealt almost exclusively with the politics of managing the household. It had virtually nothing to do with what we would today…
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Theology and Economics: Two Ecos
The word "Economy" is laden with meaning for Christians. It comes from the Greek word oikonomia, meaning "household management." (oikos = household or home; nomia =management) Related to it is the word oikonomos, which means "household manager or steward." The household in mind here is the large villa of the Greco-Roman world. These were self-sufficient…
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Theology and Economics: Why Economics?
I have not said much about one economics up to this point in this series. I am using the term economics in its broadest sense, "The science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind." (1) Many will agree that economics is important but will…