3min chapter

The Christian Worldview cover image

How Unbiblical Morality Results in Unbiblical Economics

The Christian Worldview

CHAPTER

What Is the Purpose of a Nation?

The reigning economic theory at the time is what we call mercantileism, which said that the purpose of an economy was not to serve all the people. So when smith wrote this idea that you leave people free to serve their own interests within the bounds of god's moral law, they'll serve each other better than if you try to coordinate them,. He came under heavy fire from economists of his day who just said, this is impossible. People will act selfishly. Selfishness serves one's own desires without regard for other people.

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