The atonement lies at the very center of the Christian faith. The free and sovereign love of God is the source of the accomplishment of redemption, as the Bible's most familiar text (John 3:16) makes clear. For thoughtful Christians since the time of the Apostle Paul, this text has started, not ended, the discussion of redemption. Yet few recent interpreters have explored in depth the biblical passages dealing with the atonement as penetratingly or precisely as John Murray, who, until his death in 1975, was regarded by many as the foremost conservative theologian in the English-speaking world. In this enduring study of the atonement, Murray systematically explains the two sides of redemption: its accomplishment by Christ and its application to the life of the redeemed. In Part I Murray considers the necessity, nature, perfection, and extent of the atonement. In Part II Murray offers careful expositions of the scriptural teaching about calling, regeneration, faith and repentance, justification, adoption, sanctification, perseverance, union with Christ, and glorification.
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I have given away at least 6 or 8 copies of this book over the past few years. It can't be beat for rigor, orthodoxy, and clarity.