Prosperity and Poverty: The Compassionate Use of Resources in a World of Scarcity

Dr. E. Calvin Beisner presents an introduction to economics from the perspective of Biblical worldview, theology, and ethics. He begins with the spirituality of wealth stewardship and the necessity of denying oneself and seeking first the Kingdom of God and His righteousness. Then he spends two chapters defining justice Biblically and refuting arguments that Biblical justice requires occasional redistribution or equalization of wealth. Then follow five chapters on basic principles of economics, covering property rights, value and price, division of labor, supply and demand, money and inflation, and more. The next three chapters cover the economic role of the state, and the last three the nature, causes, and cure of poverty. Subject and scripture indexes help the reader make best use of the book.