The Law of Jubilee: what is that about?
The world economy continues to dominate headlines and will continue to do so for months into the future. Why is the world experiencing this upheaval? There are many fundamental causes for this crisis, but there is one prime reason that you will not hear in any other news report.
Most people do not understand the Bible lays out a financial blueprint for economic stability. You can read about it in Leviticus 25. It is called the law of the Jubilee. Essentially, it is a 50-year cycle of land and debt management, which covers virtually all aspects of an economy. God laid down the law as part of ancient Israel’s constitution. It sets forth a balanced and equitable system that, when followed, could create wealth, social equity and strong families. Many of the social ills found among modern nations could be alleviated through this system revealed by God in the Bible.
The problem is that no nation has ever followed the law of the Jubilee. Not even ancient Israel, to whom it was given, practiced its principles for long. No country today would even dare implement its principles. It is a forgotten law.
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