With the changes our nation* and world have experienced in the past four years, one might think that a video from the 2016 IFI Worldview Conference would be dated, but Dr. Wayne Grudem’s remarks are as pertinent now as ever.
To begin his presentation, Dr. Grudem defines a free-market system and lists the factors that determine the degree of freedom. He then details sixteen moral advantages of a free-market system and addresses the flawed objections to free-market economics. The video concludes with a brief Q&A session.
Dr. Wayne Grudem is Professor of Theology and Biblical Studies at Phoenix Seminary in Arizona. He is the author of twenty-two books and previously was a professor at Trinity Evangelical Divinity School in Deerfield, IL. Additionally, Dr. Grudem was the General Editor for the ESV Study Bible.
*According to the 2020 Index of Economic Freedom, the United State’s economic freedom score ranks 17th in the world, a decline from the rank of 11th Dr. Grudem references in his presentation.
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