If we primarily use the Old Testament Scriptures to form our understanding of eschatology, we likely will embrace a premillennial understanding of Abraham's and David's expectations. At the risk of over-simplifying, we will refer to this as a Dispensational hermeneutic. If we use the texts in the New Testament Scriptures that deal with the promise to Abraham we likely will favor the amillennial position. Again, at the risk of over-simplifying, we will call this a Covenant hermeneutic (short for Covenant theology). Currently, New Covenant theology has no clearly defined hermeneutic. Adherents of New Covenant theology have attempted to answer this question by modifying either Covenantal hermeneutics or Dispensational hermeneutics. One of the basic presuppositions of New Covenant theology is that the New Testament Scriptures must interpret the Old Testament. "How do the New Testament writers interpret the kingdom promises of the Old Testament?" Do the New Testament writers give a literal, or "natural," meaning to the kingdom promises in the Old Testament, or do they spiritualize those prophecies? This book represents an attempt to begin serious work toward establishing New Covenant hermeneutics from the ground up-that is, without beginning with either Covenantal or Dispensational hermeneutics.

Covenant: A Vital Element of Reformed Theology provides a multi-disciplinary reflection on the theme of the covenant, from historical, biblical-theological and systematic-theological perspectives. The interaction between exegesis and dogmatics in the volume reveals the potential and relevance of this biblical motif. It proves to be vital in building bridges between God’s revelation in the past and the actual question of how to live with him today.

What does the New Testament teach about the spiritual gift of prophecy? What is it? How does it function? Can evangelical Christians use it in their churches today? This updated, comprehensive work answers such questions and points the way to a renewed understanding of the gift of prophecy—an understanding that suggests how the body of Christ may enjoy one of the Holy Spirit's most edifying gifts without compromising the supremacy of Scripture.

Foundational to the New Testament understanding of Jesus is Jeremiah's promise of a "new covenant," the promise that God will transform our very hearts. In this important new study, David Peterson expounds Jeremiah?s oracle and its influence on the New Testament, as well as its relevance for New Covenant life today.

Building on the foundation of Kingdom through Covenant (Crossway, 2012), Stephen J. Wellum and Brent E. Parker have assembled a team of scholars who offer a fresh perspective regarding the interrelationship between the biblical covenants. Each chapter seeks to demonstrate how the covenants serve as the backbone to the grand narrative of Scripture. For example, New Testament scholar Thomas Schreiner writes on the Sabbath command from the Old Testament and thinks through its applications to new covenant believers. Christopher Cowan wrestles with the warning passages of Scripture, texts which are often viewed by covenant theologians as evidence for a "mixed" view of the church. Jason DeRouchie provides a biblical theology of “seed” and demonstrates that the covenantal view is incorrect in some of its conclusions. Jason Meyer thinks through the role of law in both the old and new covenants. John Meade unpacks circumcision in the OT and how it is applied in the NT, providing further warrant to reject covenant theology's link of circumcision with (infant) baptism. Oren Martin tackles the issue of Israel and land over against a dispensational reading, and Richard Lucas offers an exegetical analysis of Romans 9-11, arguing that it does not require a dispensational understanding. From issues of ecclesiology to the warning passages in Hebrews, this book carefully navigates a mediating path between the dominant theological systems of covenant theology and dispensationalism to offer the reader a better way to understand God’s one plan of redemption.

In this groundbreaking book, Michael Gorman asks why there is no theory or model of the atonement called the "new-covenant" model, since this understanding of the atonement is likely the earliest in the Christian tradition, going back to Jesus himself. Gorman argues that most models of the atonement over-emphasize the penultimate purposes of Jesus' death and the "mechanics" of the atonement, rather than its ultimate purpose: to create a transformed, Spirit-filled people of God. The New Testament's various atonement metaphors are part of a remarkably coherent picture of Jesus' death as that which brings about the new covenant (and thus the new community) promised by the prophets, which is also the covenant of peace. Gorman therefore proposes a new model of the atonement that is really not new at all--the new-covenant model. He argues that this is not merely an ancient model in need of rediscovery, but also a more comprehensive, integrated, participatory, communal, and missional model than any of the major models in the tradition. Life in this new covenant, Gorman argues, is a life of communal and individual participation in Jesus' faithful, loving, peacemaking death. Written for both academics and church leaders, this book will challenge all who read it to re-think and re-articulate the meaning of Christ's death for us.

New Covenant Theology (NCT) is a developing system of theology that is working to provide a more accurate way to interpret the Scriptures by questioning key theological presuppositions which undergird the principles of interpretation (hermeneutics) that exist in both Covenant Theology (CT) and Dispensational Theology (DT). NCT is based upon a redemptive history approach to understanding the fulfillment of God's eternal purpose on earth. Its Christotelic Hermeneutic with Christ as the focus "in all the Scriptures" (Luke 24:27) is based upon a biblical theology that stresses the theology of the Bible itself. NCT challenges explanation of the theological presuppositions of the one overarching covenant of grace teaching of CT, including its understanding of the "moral law" of God and the nature of the Church. NCT also challenges the two redemptive purposes of DT, one for the Church and one for Israel, and it challenges some of DT's presuppositions and literal hermeneutic for understanding key elements of Bible prophecy. The driving motive of NCT is "Back to the Bible." NCT emphasizes the inductive study of the Bible. A major objective of NCT is that its hermeneutic will help bring doctrinal unity in this sin-wrecked world by helping to break down the middle walls of doctrinal partition that exist between DT and CT.