From Dispensational Publishing House; used with permission.
Last time, we began this series by considering the difference between dispensational and covenantal theology. We thought about some basic things that we must understand in order to deal properly with that issue. We begin this article with a brief review.
Covenantalism in a Nutshell
The terms covenantal and Reformed are often used interchangeably. There are dispensationalists who speak of being Reformed, yet the way they use the term Reformed is in respect to salvation, referring to the doctrines of grace. Another might refer to himself as a Calvinist-dispensationalist, but this is a rather awkward phrase, since Calvinism is typically used in the discipline of soteriology, not eschatology. This designation would be used to refer to men like John MacArthur and faculty from his school, The Master’s University,1 and others who have embraced the doctrines of grace and who apply a consistently literal hermeneutic, especially in the prophets, while not reading Jesus into every Old Testament verse or giving the New Testament priority.2