Economics....we are victims of the great Christian coma..

A great position paper from Chalcedon on our economy. This is a delight to read!

Economic Crises and the Bible
Martin G. Selbrede

.....We live in an age where “the law is slacked” (Hab. 1:4).
We are “partial in the Law” (Mal. 2:9), victims of the great
American Christian coma, and so we tolerate the monetary
abominations God condemns. America uses fiat money, unbacked
by gold or silver, which constitutes the “divers weight
and measure” God hates....

...“False measures are called the treasures of wickedness,
the essential means of falsifying the life of a society” (Rushdoony).
Micah’s claim occurs in a highly quoted Old Testament
verse, Micah 6:8: “He has shown thee, O man, what is
good, and what doth the Lord require of thee, to do justly,
love mercy, and walk humbly with thy God.” Pastors routinely
sever this verse from its context (justice and money). It’s
universally quoted yet universally misunderstood...

...“He has shown thee, o man, what is good…” God has
shown us: we don’t have to create new policies. What is good
and just has been spelled out. Micah speaks to all men (“O
man”) – not just to Jews, but to Gentiles and to us today.
“…and what doth the Lord require of thee…” What is
good is what the Lord requires of us. What God requires is
for our good and achieves good personally and culturally.

What is required has been shown to us: it is not up in the air;
it is not in the New Testament (or the verse would have used
the future tense, “He will show thee, o man, what is good…”).
God has shown, past tense, in the Old Testament...