The law was God's temporary economy (dispensation) for man in the Old Testament, since it was added temporarily because of man's transgressions (Gal. 3:19); the faith is God's eternal economy (dispensation) for man in the New Testament, because it is based on God's eternal plan (cf. note 1 Tim. 1:44e). In the Old Testament God dealt with man according to the law. If, according to that dispensation of God, man would have done what God commanded in the law, he would have obtained righteousness, that is, the righteousness of the law (Rom. 9:31), the righteousness which is out of the law (Rom. 10:5; Phil. 3:9). In the New Testament God deals with man according to the faith. If, according to this dispensation of God, man believes in Christ, the One in whom God has ordained that man should believe (1 John 3:23), he will obtain righteousness, that is, the righteousness of faith (v. 11), the righteousness which is out of faith (Rom. 9:30; 10:6). The faith, which is ordained by God in the New Testament economy and which replaces the law of the Old Testament, did not come until the New Testament time (Gal. 3:23, 25). This faith, which replaces the law, is objective to us. When according to this objective faith we believe subjectively in Christ, in whom God intended that we believe, we receive the righteousness of faith. This righteousness is the Christ whom we possess — whom we receive by our subjective believing according to the objective faith ordained by God — as God's righteousness received by us (1 Cor. 1:30).