In October 2015 a conference on the subject of “dispensations and ages” was held at the Gospel Hall in Sarnia, Ontario, Canada. Understanding the Bible’s dispensations greatly aids in appreciating its overall flow, structure and goal. These sessions will repay careful viewing.
Part 2 – David Vallance speaks on “Dispensationalism and its Competition” in which he outlines the differences between Dispensationalism and Covenant Theology. Covenant Theology’s view of Biblical history falls short in numerous areas. In particular, it fails to make several vital theological distinctions – such as the difference between Israel and the church – and thus leads to confusion and inconsistency in Bible interpretation. A dispensational view of Scripture allows the Bible to be interpreted literally – using a grammatical-historical hermeneutic – not only in its theology and history, but also with regard to its eschatology, notwithstanding its use of figurative language in prophetic passages.