AS WE continue to experience global economic problems, we are seeing leaders from various nations attempting different methods of economic reform to deal with the current market conditions.

We have seen the effects of the Great Depression in the 1920s on the nations of the world. Many suffered! Economists have declared that this was as a result of the United States market conditions at that time that led to that kind of effect on the nations. Almost a century later we are hearing the same thing!

The economic model they should now be looking at is Biblical Economics Model, which includes the principles developed by divinely inspired men such as Joseph, Nehemiah, Solomon, Ezra, King Hezekiah and King Josiah!

It also calls for the removal of a credit-based system and high interest rates, (Genesis 26). On the other hand, it promotes tax reduction during recession, pay cuts for politicians, bailouts for small businesses, reduction in interest rates, tax exemptions for religious and security personnel. It also allows for debt write-offs and restoration of foreclosed property to former owners. Increase in giving is one of its mandatory activities. Most importantly, it requires us to enquire of the Lord for causes and solutions! (2 Samuel 21).

I am, etc.,

STEVE LYSTON

biblical_economics@yahoo.com

Lauderhill

Florida