Discussion Board 2 .docx - Discussion Board Wealth\"There will always be poor people in the land Therefore I command you to be openhanded toward your

Discussion Board 2 .docx - Discussion Board Wealth"There...

This preview shows page 1 - 2 out of 3 pages.

Discussion Board, Wealth "There will always be poor people in the land. Therefore, I command you to be openhanded toward your brothers and toward the poor and needy in your land" (NIV). Context from Deuteronomy Deuteronomy 15:11 is a very significant verse in the bible which speaks about wealth, generosity, and compassion. In this chapter, Moses gives orders to the people of Israel by way of God to forgive and release all debts at the end of every seventh year. By doing so, God hoped that those burdened by debt or obligated by servitude would find relief and compassion from their fellow citizens. Many times, debtors were poor Israelites who would be reduced to poverty if they did not find relief from their outstanding debts. God urged the prosperous to help those less fortunate in hopes of preventing the poor from seeking assistance from other countries and ultimately revolting against the His word. God promised he would provide abundance for those that shared their wealth and offered loans to those in need. In Psalm 41:1-3 God reminds us of his promise to make those who give selflessly prosperity, “Happy is one who cares for the poor; the Lord will save him in a day of adversity…The Lord will keep him and preserve him; he will be blessed in the land” (NIV). Context from Textbook According to Sowell, classical economists many times had conflicting views on wealth, how it could be attained and how it should be dispersed to others. Adam Smith, stressed the importance of creating wealth rather than transferring wealth. To Smith, wealth was not determined by the abundance of stocks of money, i.e. gold and silver, but rather by flow of goods. Smith advised

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture