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Economy is the Greek word "oikonomia", which primarily signifies the household management, the household administration, arrangement and distribution, or dispensation. [1] [page needed] The word "economy" is used with the intention of stressing the focal point of God's divine enterprise, which is to distribute, or dispense, Himself into man.
The Ecumenical Patriarchate considers that through "extreme oikonomia [economy]", those who are baptized in the Oriental Orthodox, Roman Catholic, Lutheran, Old Catholic, Moravian, Anglican, Methodist, Reformed, Presbyterian, Church of the Brethren, Assemblies of God, or Baptist traditions can be received into the Eastern Orthodox Church ...
51) argues that this concept of "economy" (oikonomia) becomes narrowed to refer to a divine plan of salvation only after the Nicene dogma is established. In early Church history, the term also encompasses the "organization of the divine life" (51).
In Poetics, he writes that the tragedian Euripides is faulty in his "oikonomia", [17] translated as "management" as well as (more directly) "economy", [17] of the subject of tragedy. This is in part because the households he portrays are poorly suited to tragic plays. [ 18 ]
"Theology" refers to the mystery of God's inmost life within the Blessed Trinity and "economy" to all the works by which God reveals himself and communicates his life. Through the oikonomia the theologia is revealed to us; but conversely, the theologia illuminates the whole oikonomia. God's works reveal who he is in himself; the mystery of his ...
Irenaeus (/ ɪ r ɪ ˈ n eɪ ə s / or / ˌ aɪ r ɪ ˈ n iː ə s /; Ancient Greek: Εἰρηναῖος, romanized: Eirēnaîos; c. 122 – c. 202 AD) [4] was a Greek bishop noted for his role in guiding and expanding Christian communities in the southern regions of present-day France and, more widely, for the development of Christian theology by combating heterodox or Gnostic ...
Socrates (Collezione Farnese); Museo Nazionale di Napoli. The Oeconomicus (Ancient Greek: Οἰκονομικός) by Xenophon is a Socratic dialogue principally about household management and agriculture.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".