Ancient Israel did not know the economic concepts of banks, insurance, tuition, profit and retirement. Other economic terms such as taxes, labor, debt and even prices were all fundamentally different in meaning. When interpreting biblical texts, we must carefully consider the different settings of modern capitalism and ancient Israel’s economy.
Nam, Roger S., "“Go Sell Your Oil and Pay Your Debt!” Economic Life in Ancient Israel" (2014). Faculty Publications - Portland Seminary. 122.