You will write a 2-page paper (double-spaced, 1-inch margins, 2 full pages) providing at least 1 example of how government has overstepped biblical principles in some form of economic policy.
Options include the following topics:
- A specific piece of legislation relating to business regulation or taxation
- The “party platform” of either the Republican Party or the Democratic Party (or both)
- The role of the Federal Reserve
- The budget process
In discussing one of these topics, incorporate clear references from the required reading.
The required reading and study material for Module/Week 8 must be cited, specifically:
- Hazlitt: IV, V, XI, XIV, XVIII, XXII
- Either the presentation from Module/Week 8, or Lecture Notes 8.1
- Several (2–4) additional outside sources which provide specifics on your chosen topic
preview of the answer..
How the Federal Reserve has overstepped Biblical principles
Biblical teachings require human beings to totally depend on God. As a result of this, they are not supposed to fear for what might happen in future as God is always in control of everything. Therefore, as human beings, we should only strive to please God, and all our present and future needs will be met.
The Federal Reserve tends to go against this notion, as it acts as the United States’ …
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