Study XVI: David's Psalms: Third Period

King Triumphant: a Rhetorical Study of Psalms

Initially, three assertions about Psalms 20 and 21 may be made with some confidence. First, as royal psalms they have not received the extent of scholarly attention that might reasonably be expected. At least they have been outdistanced by studies on Psalms 2, 18, and 110, just to mention three. Second, Psalms 20 and 21 manifest not a few affinities in content and form. Their placement in the P...

Commentary on the Psalms

dominion), is clear from the mention of the servants as distinct from the handmaid; it occurs in the sense of masters also in Jerem. xxvii. 4. The hand of the masters and of the mistress can only mean the punishing hand; and the eyes are directed to it in the attitude of entreaty and supplication that the punishment may soon come to an end, and pity be shown to the miserable. This is evident, 1...

Xv Xvi

-Monetary policy operates in a different environment than it did a decade ago. Financial market innovations have eroded the distinctions among monetary assets, making the definition of money increasingly arbitrary. Deregulation of interest rates and banking activity is changing the behavior of the monetary aggregates, as banks pay interest on monetary assets and nonbanks offer monetary-like ass...

XVI. Miscellaneous

Xv Xvi

The stock market crash of 1987 sent shock waves through the world's financial markets. Stock exchanges in New York, Chicago, London, Tokyo, Frankfurt, and a host of other cities suffered major declines. In response, credit markets, commodity markets, and foreign exchange markets registered sharp swings. Not since the Great Depression had the world seen such turmoil in financial markets. But, dr...