An evolving list of the key economic lessons the Bible offers. Right now, we’re focusing on Genesis and Exodus.
1. Sabbath rest [God’s Creation took six days].
2. Invest in worthy, not arrogant, goals [Tower of Babel].
3. Pay a fair price; you and your seller will never regret the deal [Abraham’s purchase of the Machpelah cave in Hebron.].
4. Negotiate a fair salary and stick to it [aka: don’t keep moving the goalposts, like Laban did with Jacob’s compensation package].
5. Your faith will be rewarded [recurring theme throughout the Old and New Testaments].
6. Save for a rainy day [Joseph’s admonition to Pharaoh to stock up and prepare for seven years of famine].
7. Be surprised if the government ever reduces your tax rates, even when the crisis is over [Even after the seven famine years ended, Egypt continued to take 20% from its residents].
8. Consume what you need, and in moderation [The children of Israel were told to gather only the manna each needed to live. The rest rotted – or in our case today: all those cheap knickknacks we “needed” pushed even further into our moldy attics].
9. Don’t steal [Ten Commandments]
10. Don’t covet [Ten Commandments]