Economic Thought in the Bible

Episode Summary

Economic thought in the modern world is shaped by the conventions and practices of our Western culture. We see people as “haves” and “have-nots.” We think in terms of political debates between hardcore free market capitalism and radical socialism. We often think that caring for the poor means volunteering at a soup kitchen. We assume that our quality of life will only continue to get better. These assumptions are foreign to the Biblical authors, who often write into context of subsistence farming and limited resources.

In this episode, Dr. Dru Johnson interviews Dr. Michael Rhodes of Union University about his book Practicing the King’s Economy: Honoring Jesus in How We Work, Earn, Spend, Save, and Give (written with Brian Fikkert and Robbie Holt). Dr. Rhodes emphasizes inclusion as the persistent theme in economic thought across Scripture, and shows how it plays out in the Torah, the prophets, Nehemiah, and the Corinthian letters

Chapters

    • 0:00 The problem with separating the “haves” from the “have-nots”

    • 2:33 Introducing Dr. Michael Rhodes

    • 5:15 The interdependent economic context of the Bible and how our wealth corrupts our view of economics

    • 8:45 Charging interest in Ancient Israel

    • 15:40 Nehemiah as an application of the economic principles of the Torah

    • 17:50 Applying Biblical economic thought to modern economic practices

    • 27:28 How Paul’s letter to the Corinthians reflects the principle of inclusion in Hebraic economics

    • 38:45 Shared meals in the modern church

Transcripts are AI generated and are not guaranteed to correctly reflect the content of the podcast.
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Dr. Michael Rhodes

Michael J. Rhodes is the Lecturer in Old Testament and Dean of Faculty at Carey Baptist College, Aotearoa New Zealand. Driven by his experience in neighborhood-based community development, Michael’s research explores the intersection between the Bible and economic and political ethics. He is the author of several books, including Practicing the King’s Economy (with Robby Holt and Brian Fikkert, 2018); Just Discipleship: Biblical Justice in an Unjust World (2023); Reading the Pentateuch as Christian Scripture (with David Beldman; 2026); and Reimagining Biblical Politics: What Scripture Says About Public Life and Why It Matters (2026). Rhodes writes a weekly-ish substack reflecting on the intersection between Scripture and public life at crossRhodes and has a podcast exploring biblical politics.

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