Book of Mormon, Civilization, Economics, Modern Church, Prophetic Words
Economic systems are distinguished by their emphasis on equity and efficiency. Market controls are justified because of the need for equity. Free markets are justified because of the need for private incentives and efficiency. Most countries of the world today have adopted a combination of controls and free-market incentives. The Book of Mormon teaches that only through caring can equity and efficiency be simultaneously achieved.
BYU ScholarsArchive Citation
Robison, Lindon J.
"Economic Insights from the Book of Mormon,"
Journal of Book of Mormon Studies: Vol. 1
, Article 3.
Available at: https://scholarsarchive.byu.edu/jbms/vol1/iss1/3