Quote of the Week: 1 Timothy 1:4, note 3
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: “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.”
The verse and note are from the Recovery Version, published by Living Stream Ministry. The Recovery Version outlines, footnotes, and cross-references were all prepared by Witness Lee. Bibles for America gives away the New Testament Recovery Version for free. You can order your free copy here.