Economics for disciples

An alternative investment plan

When Jim Douglass graduated from college in 1960, his father sent him a life insurance policy as a graduation gift. It was an investment to help protect the future of Jim’s young family. Jim wrote his father a letter of thanks for the gift but returned the policy with his letter. He could not accept the gift, he wrote, because he wanted to understand the truth of an “economics of providence” that he had read about in the sixth chapter of Matthew’s Gospel. Rather than pay the monthly premiums on a life insurance policy, Jim said he would store up treasure in heaven by sending a monthly payment to provide basic care for a little girl in France.


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