Finance in the Parable of the Talents

Ancient Roman gold and silver coins with emperor profiles and inscriptions

Jesus’ Parable of the Talents holds remarkable value in many topics today, including finance. Knowing Jesus’ work and word makes us more savvy in many things, including investing. 

By Mark D. Harris

The Bible addresses every part of human existence, from birth to grave to eternity. The God who made the universe also provided instructions in the Bible on how to thrive in His creation. If we do not know how to live, it is because we have failed to discover, or failed to follow, the words of wisdom that our Lord has provided.

Money is one of the most important things in earthly life, because money is required for life, and is a direct reflection of our values. There can be no doubt that wherever our treasure is, there are our hearts also (Matthew 6:21). Man’s greatest need is for eternal life in Christ, but many do not acknowledge that need. Perhaps the second greatest need is for physical health, but many who consider themselves healthy often spend little time or effort meeting that need. For example, less than half of all Americans exercise the medically recommended amount (CDC, 2022). Only 10% meet dietary guidelines for fruit and vegetable intake (Lee, 2022). Conversely, people need money, and they spend much of their daily lives dealing with money…earning it, spending it, investing it, or worrying about it. The Bible speaks often about it, with the word “money” appearing 140 times in the KJV, “prayer” 114 times and “worship” 102 times (Blue Letter Bible, 2019).

The Parable of the Talents is a fictional story that contains powerful truths. Furthermore, it is likely based on a true story, which formed the nucleus for what Jesus taught. In this discussion, the parable will be treated as though it were historical.

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Best Business Practices for Churches and Small Religious Organizations

man in white t shirt and white pants standing beside white van

A single-day seminar on how church and other small religious organizations can improve their strategies, operations, and fundraising.

By Mark D. Harris

Welcome! The team at the MD Harris Institute is glad that you have chosen to attend. We are thankful that President Khmyz and his team at the Kyiv Theological Seminary arranged this seminar to help Christian leaders throughout the region improve their business and fundraising practices. The information here will improve how these leaders acquire, use, and increase the resources that God provides.

The gates of hell shall not prevail against the Church of Jesus Christ (Matthew 16:17-19). No nation, no matter how powerful, populous, or prosperous, can stand against the work of the preacher from Galilee. No religion, no matter how large or how violent, can quiet the still, small voice of the Almighty. Followers of Christ have the Spirit of the Living God dwelling within, have been set free from sin, and have a guarantee of eternity with the Creator. Of all men, Christians should be the most joyful in their lives and most effective in their labor.

Some Christians engage the world with optimism and faith, believing God to accomplish His will, though often believers do not see this victory. Christians perceive legions of enemies, a dearth of friends, a paucity of resources, persecution, and personal weakness (Marsden, 2020). There are more points of discouragement as well. Believers feel pressure from the government, the media, business, and academia (Barnes et al., 2020). Christ-followers look at needs within and without and faint before the task of making disciples. Simultaneously, forgetting that the Father owns the world and everything in it (Psalms 24:1) and believing the lies of a world that hates God, some Christians struggle to survive.

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Income Inequality and Investing

man wearing black framed eyeglasses with hand on his chin

In the United States and throughout the world, income inequality is growing. While some degree of inequality is inevitable and even beneficial, inequality for reasons unrelated to personal merit is often problematic. In one example, investors do not share the same opportunities. The rich have many more options to build wealth than the poor do, in addition to having more resources and commonly more financial education. While many of these problems cannot be solved by governments, political leaders can limit income inequality and encourage investment.

By Mark D. Harris, MD, MPH, MBA, MDiv, ThM, PhD, DBA

Income inequality is not necessarily an evil but rather can be a motivator. It can be a fair reward for labor. However, extreme inequality of income and net worth, especially when unrelated to personal effort, is a vexing global problem. Television, the media, and social media highlight the differences between those who are too rich to drive and those who are too hungry to walk. Entrenched money holding, greater financial opportunities, and increasing societal complexity make the problem worse.

As income disparities have increased, certain individuals and organizations have accumulated sums of money unimaginable to most of the world. These hyper-rich private actors can shape the economic system, sometimes to the detriment of other people. Wealth consolidation can be a social good by motivating people to work hard and contribute to society at large. Extreme wealth consolidation, however, raises resentment, feelings of helplessness, and social instability. Though completely unjustified, the murder of UnitedHealthcare CEO Brian Thompson and the lionization of his alleged killer, Luigi Mangione, is an example.

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Fundraising for Performing Arts Organizations

The arts are a vital part of life, and music is the most widely used art of all. Rural areas sometimes lack the people or the funds for art and music programs, so locals fill in the gaps. This article presents a sound course of action for organizations interested in improving their fundraising.

By Mark D. Harris, MD, MPH, MBA, MDiv, ThM, PhD, DBA

The arts are shrinking in America. Schools are limiting or canceling art and music programs due to budget constraints. Ordinary men and women are visiting performances and art displays less and less.[1] Yet the arts have powerful positive effects on those who experience them. Arts organizations across America seek to reverse these trends, but they must have money and other resources to do it.

The foundation of fundraising in any organization is to be good at what you do. Just as an artist must make beautiful art and a musician beautiful sound, an organization must have its own kind of beauty. Top leadership in musical organizations must have a clear and compelling mission and vision and communicate well. Lower levels of leadership must direct their teams to recruit fine performers and produce excellent shows. Team members must perform their tasks, however large or small, with aplomb. Donors will not donate to, and concertgoers will not patronize, an organization unworthy of support. Administrative excellence is paramount to make the magic of music and other performing arts.

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Taxes in the Bible

Taxes in the Bible

The Bible has much to say about, and many examples of, taxes. God’s plan for taxation in ancient Israel was compassionate, effective, and limited. Modern thinkers, policy makers, and voters would do well to move American, Western, and world tax and government policies closer to what our ancestors would recognize, the taxes in the Bible.

By Mark D. Harris, MD, MPH, MBA, MDiv, ThM, PhD, DBA

Governments, like people, have always tried to procure as many resources as possible from everywhere they could. Resources ranged from beautiful things (seashells, beads, precious metals, precious stones) to products (grain, wine, cotton) to labor (forced labor, slavery). Taxation is, by definition, involuntary. Freewill offerings, such as what the Hebrews gave to build the tabernacle (Exodus 35:20-35), are not included in this discussion.

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Recent Studies in Behavioral Finance

Behavioral finance was on full display in the Tulip bubble

Most people in the field of finance assume that people act rationally. But research and life experience suggest otherwise, at least some of the time. What are some recent research findings on how our hearts cloud our heads? How can we minimize the irrational parts of our decision making in finance? We need to look at studies in behavioral finance.

By Mark D. Harris, MD, MPH, MBA, MDiv, ThM, PhD, DBA

The Efficient Markets Hypothesis (EMH) suggests that all the available information about a publicly traded company that is pertinent to investing in that company is contained in the stock price at any point in time (Vasileiou, 2020). Insofar as this is true, investors are rational actors who make investment decisions solely on rational grounds. However, company stock prices sometimes are higher or lower than one would expect based on purely objective valuations. This fact suggests that something besides rationality is present in company stock prices.

To explain market behavior beyond the purely rational, researchers turn to behavioral finance. Growing out of Adam Smith’s Theory of Moral Sentiments, one of behavioral finances’ primary observations is that “investors (and people in general) make decisions on imprecise impressions and beliefs rather than rational analysis.” Further, “the way a question or problem is framed to an investor will influence the decision he/she ultimately makes.” The article concludes, “These two observations largely explain market inefficiencies; that is, behavior finance holds that markets are sometimes inefficient because people are not mathematical equations” (Behavioral finance, 2019).

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