God’s Economy

1 Timothy 1:4—“Nor to give heed to myths and unending genealogies, which produce questionings rather than God’s economy, which is in faith.”

Note 3 on economy says: “The Greek word means household law, implying distribution (the base of this word is of the same origin as that for pasture in John 10:9, implying a distribution of the pasture to the flock). It denotes a household management, a household administration, a household government, and, derivatively, a dispensation, a plan, or an economy for administration (distribution); hence, it is also a household economy. God’s economy in faith is His household economy, His household administration (cf. note 101 in Eph. 1; Eph. 3:9), which is to dispense Himself in Christ into His chosen people that He may have a house to express Himself, which house is the church (3:15), the Body of Christ. The apostle’s ministry was centered on this economy of God (Col. 1:25; 1 Cor. 9:17), whereas the different teachings of the dissenting ones were used by God’s enemy to distract His people from this economy. In the administration and shepherding of a local church, this divine economy must be made fully clear to the saints.”

Cross-reference “d” on economy directs us to the following verses:

Ephesians 1:10: “Unto the economy of the fullness of the times, to head up all things in Christ, the things in the heavens and the things on the earth, in Him.”

Ephesians 3:9: “And to enlighten all that they may see what the economy of the mystery is, which throughout the ages has been hidden in God, who created all things.”

Colossians 1:25: “Of which I became a minister according to the stewardship of God, which was given to me for you, to complete the word of God.”

1 Corinthians 9:17: “If I do this of my own will, I have a reward; but if not of my own will, I am entrusted with a stewardship.”

 

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