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  Economics Bible Quotes & Promises
- Inspirational & Famous Quotes
-- Definitions & Meanings

Bible Quotes
Now therefore let Pharaoh select a discerning and wise man, and set him over the land of Egypt. Let Pharaoh proceed to appoint overseers over the land and take one-fifth of the produce of the land of Egypt during the seven plentiful years. And let them gather all the food of these good years that are coming and store up grain under the authority of Pharaoh for food in the cities, and let them keep it. That food shall be a reserve for the land against the seven years of famine that are to occur in the land of Egypt, so that the land may not perish through the famine.” This proposal pleased Pharaoh and all his servants. ...
(Genesis 41:33-57) ESV

You shall not give up to his master a slave who has escaped from his master to you. He shall dwell with you, in your midst, in the place that he shall choose within one of your towns, wherever it suits him. You shall not wrong him. “None of the daughters of Israel shall be a cult prostitute, and none of the sons of Israel shall be a cult prostitute. You shall not bring the fee of a prostitute or the wages of a dog into the house of the Lord your God in payment for any vow, for both of these are an abomination to the Lord your God. “You shall not charge interest on loans to your brother, interest on money, interest on food, interest on anything that is lent for interest. ...
(Deuteronomy 23:15-24) ESV

The wicked borrows but does not pay back, but the righteous is generous and gives;
(Psalm 37:21) ESV

Precious treasure and oil are in a wise man's dwelling, but a foolish man devours it.
(Proverbs 21:20) ESV

Prepare your work outside; get everything ready for yourself in the field, and after that build your house.
(Proverbs 24:27) ESV

An excellent wife who can find? She is far more precious than jewels. The heart of her husband trusts in her, and he will have no lack of gain. She does him good, and not harm, all the days of her life. She seeks wool and flax, and works with willing hands. She is like the ships of the merchant; she brings her food from afar. ...
(Proverbs 31:10-31) ESV

He who observes the wind will not sow, and he who regards the clouds will not reap. As you do not know the way the spirit comes to the bones in the womb of a woman with child, so you do not know the work of God who makes everything. In the morning sow your seed, and at evening withhold not your hand, for you do not know which will prosper, this or that, or whether both alike will be good.
(Ecclesiastes 11:4-6) ESV

Give, and it will be given to you. Good measure, pressed down, shaken together, running over, will be put into your lap. For with the measure you use it will be measured back to you.
(Luke 6:38) ESV

And remain in the same house, eating and drinking what they provide, for the laborer deserves his wages. Do not go from house to house.
(Luke 10:7) ESV

And when they had eaten their fill, he told his disciples, “Gather up the leftover fragments, that nothing may be lost.”
(John 6:12) ESV

For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat.
(2 Thessalonians 3:10) ESV

For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
(1 Timothy 6:10) ESV

All Scripture is breathed out by God and profitable for teaching, for reproof, for correction, and for training in righteousness, that the man of God may be competent, equipped for every good work.
(2 Timothy 3:16,17) ESV1

Inspirational Quotes from Famous People

Economics has never been a science - and it is even less now than a few years ago.
--Paul Samuelson – American Economist Born 1915

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.
--John Kenneth Galbraith – American Economist Born 1908 Died 2006

Economics is a subject that does not greatly respect one's wishes.
--Nikita Khrushchev – Russian Statesman Born 1894 Died 1971

Economics is extremely useful as a form of employment for economists.
--John Kenneth Galbraith – American Economist Born 1908 Died 2006

I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with taste and talent for theoretical reasoning and quantitative analysis.
--James Tobin – American Economist Born 1918 Died 2002

I think it is just stupid economics for a government to approach economic management from a strand of thinking regarding unions as enemies.
--Bob Hawke – Australian Statesman Born 1929

I think we're miserable partly because we have only one god, and that's economics.
--James Hillman – American Psychologist Born 1926 

I'd call it a new version of voodoo economics, but I'm afraid that would give witch doctors a bad name.
--Geraldine Ferraro – American Politician Born 1935 Died 2011

In economics, the majority is always wrong.
--John Kenneth Galbraith – American Economist Born 1908 Died 2006

Much of what Tea Party candidates claimed about the world and the global economy during the 2010 elections would have earned their adherents a well-deserved F in any freshman economics (or earth science) class.
--Eric Alterman – American Writer Born 1960

The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.
--David Korten – American Activist

Where there is politics or economics, there is no morality.
--Karl Wilhelm Friedrich Schlegel – German Poet Born 1772 Died 18294

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Economics and the Bible

Economic life in Biblical times was not like the 21st century, but themes of credit and debt, wealth and poverty teach enduring truths with meaning for today.

The Bible is never abstract or theoretical, it deals with the real situations of real people, and economics has always been deeply woven into the daily lives of those who struggle to live a good life, however that may be defined.

A Land-Based Economy

Ancient Israel was an agrarian, subsistence economy, dependent on the land for all productivity. In such a context, land ownership is of critical importance, and a major problem in any agrarian economy is unpayable debt, which can pull a whole family into a spiral of mounting debts ending in total destitution.

To address this problem, the Mosaic Law (see Leviticus ch. 25) establishes the principle that all land belongs ultimately to God. The people of Israel are to see themselves as God’s tenants, using the land for food production, but not owning it outright. Moreover, the right to land and livelihood is established as equal for everyone. The concentration of productive assets in the hands of a few is contrary to the Covenant.

Year of Jubilee

The system for ensuring that all the people have just and equitable access to the means of livelihood is that every 49 years, all debts are canceled, and the land, which had changed hands as a result of mortgaging it, would return to its original owners, or their direct heirs. For the financial implications of this system, see Lev. 25:13–17.

In effect, “buying” land means only purchasing the number of harvests remaining until the next Jubilee year. As the New Bible Commentary notes, “This arrangement made it in the interests of both lender and borrower to be cautious over the amount borrowed and would have made unscrupulous over-lending unprofitable.” (pg. 153)

Biblical Economics

The Biblical view of economic life is that God has provided enough material goods for all people to live comfortably, and that the abundant life that human beings long for does not come from the material world but from above. There is no warrant in the Bible for an economic system based on greed and selfishness and there is no basis for the belief that people are all responsible for looking out for themselves.

Rather, a community is responsible for all its members, those in need receiving special care, and lives with the understanding that: “…there is great gain in godliness combined with contentment; for we brought nothing into the world, so that we can take nothing out of it; but if we have food and clothing, we will be content.” (1 Tim 6:6-8 NRSV)2


Testimonials and Comments



Definition of Economics

1. The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.

2. Economic matters, especially relevant financial considerations: "Economics are slowly killing the family farm" (Christian Science Monitor).3  




References and notes
1. -
2.  What Does the Bible Say About Today's Economy? -
The Free Dictionary -
4.  Brainy Quote -


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