Incentives (And Sociopaths) Rule The World

Ryan Murphy, an economist at Southern Methodist University, recently published a working paper in which he ranked each of the states by the predominance of—there’s no nice way to put it—psychopaths. The winner? Washington in a walk. In fact, the capital scored higher on Murphy’s scale than the next two runners-up combined. “I had previously written on…

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Rickards Warns: Robo-Trading Will End In Disaster

 We are tempted by our “own evil desire” first (James 1:14). That’s not to say every unbeliever is blatantly and spitefully turning from what is known to be true. But the unbeliever’s desire for self-satisfaction makes Satan’s deception all the more potent. Today, stock markets and other markets such as bonds and currencies can best…

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Is This What Has Got the Fed So Spooked?

Amos: 11 “Behold, the days are coming,” says the Lord God, “That I will send a famine on the land, Not a famine of bread, Nor a thirst for water, But of hearing the words of the Lord. 12 They shall wander from sea to sea, And from north to east; They shall run to and fro, seeking…

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Bank of America: “Enjoy It While It Lasts”

The term double-minded comes from the Greek word dipsuchos, meaning “a person with two minds or souls.” It’s interesting that this word appears only in the book of James (James 1:8; 4:8). Bible scholars conclude that James might have coined this word. To grasp the full meaning of this word, it is best to understand how it is used…

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