Dr. Rick Griffith produced a real treasure of articles, books and charts on theology. And the best of all: his works are available for free at his website (>>click here<<). Dr. Griffith has been very kind to me, allowing me to reproduce one of his great charts here, at IDRC website. So enjoy it!
* Ryrie teaches that there is no New Covenant in effect today. In his view, the covenant is not inaugurated now but only paid for: “In other words, clearly our Lord paid for sins that will be forgiven when the new covenant is in force” (Dispensationalism, Chicago: Moody, 1995, p. 172). This is a minority view among revised dispensationalists; most acknowledge that the church now participates in some aspects of the New Covenant. For a brief, more representative response of a revised dispensationalist to progressives, see John Witmer’s review of Dispensationalism, Israel, and the Church, eds. Blaising & Bock (Zondervan, 1992) in BibSac 150 (April-June 1994): 237-40. What do all these views have in common? All believe in a literal 1000-year reign of Christ in which Israel plays a major part (i.e., ethnic Israel has a future). All also are evangelical (cf. p. 31 “Areas of Agreement”).