Topic > The Bible: The Role of Government in the Bible

Henry Hazlitt states: “The art of economics consists in looking not only at the immediate but also at the longer-term effects of any act or policy; it consists in tracing the consequences of that policy not only for one group but for all groups” (Hazlitt, 1979, p. 17). Leviticus 19:35-37 obliges: “You shall not make any error in judgment, in the measurement of weight or capacity. You will have just scales, just weights, just a just ephah, and a just hin: I am the Lord your God, who brought you out of the land of Egypt. Thus you will observe all my statutes and all my prescriptions and put them into practice: I am the Lord." According to Proverbs 22:7, people will always be slaves to the creditor, as demonstrated by the Federal Reserve System violating biblical economic values.