Re: What is the Lord's economy?
OBW has done a good job of describing Lee's version of "God's Economy".
I've done a Word study on the word that is translated economy "oikonomia" in the Recovery version in some instances, stewardship in others, and dispensation in yet others. And I've come to some conclusions:
1) The word stewardship is a better translation than economy whenever it occurs in the New Testament and conveys what it means better than economy.
2) It would be helpful to stick with the word stewardship and steward when "oikonomia" occurs, instead of flopping back and forth (as many other translators also do) to simplify the understanding.
3) God's oikonomia is the stewardship of God's grace entrusted to His servants to announce to both Jews and Gentiles that God's eternal plan is to head them and all things up in Christ (as Paul defines it in Corinthians, Ephesians and Colossians).
4) According to 1 Timothy 1:5 the end (or goal) of Paul's charge to Timothy is love from a pure heart and a good conscience and unfeigned faith, something that was sorely lacking in TLR.
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