Dwayne Strocen | May 14, 2010 In 1949 Australian Alfred Jones was credited with the term “hedge fund”. Historically it derives its name from the use of hedging to manage risk while achieving superior returns. Today, a hedge fund is an un-regulated investment vehicle designated for sophisticated, also known as the “Accredited Investor”. Mutual funds… Read More »
By Karl Mitchell | February 27, 2008 In introduction, I will be expounding on the evolution of economic understanding and postwar stabilization policy from the perspective of Christina D. Romer (Professor, University of California at Berkeley) and David H. Romer (Professor, University of California at Berkeley) throughout the paper. In detail, I will cover the time periods of… Read More »
By Muhammad Waqas Nayyar | June 06, 2009 Many writers of the early days defined economics as “a science of wealth”. Adam Smith commonly know as the father of modern economics, defined economics as “An enquiry into the nature and causes of wealth of nations.” These definitions were defective because they gave much importance to wealth. As wealth… Read More »
By Joshua Konov | June 07, 2009 The philosophical comparison of social developments such as economy to the particle related quantum mechanics may look incidental or incoherent but conceptually said the human perception has changed from certainty and simplicity to uncertainty and complexity too, therefore the perception of principle understanding processes in economy philosophically must change too the… Read More »
By Steve Ong | July 07, 2010 Wherever we go, economics is everywhere all over the world and it can be located in all major continents around the globe. This begins in domestic up to global approach. In my own opinion, economics is a social science. There are several branches of economics to deal with and these… Read More »
By Dave Ouellette | Submitted On February 19, 2009 One of the easiest rules of thumb in “teaching personal finance for kids” is to give them a quick lesson in the “value of money” and compound interest using the “Rule of 72”. The “Rule of 72” is a basic and simple way of explaining compound interest to your… Read More »
By Ben Giles | January 10, 2009 The retirement “zone” If you’re considering retirement within the next five years or so, you’re in the retirement “zone.” This is a critical time period during which you’ll be faced with a number of important choices, and the decisions you make can have long-lasting consequences. It’s a period of transition: a… Read More »
By Dana Golden | January 10, 2009 When people spend money, someone is effected. If you spend one dollar or one million, spending of money creates cash flow, cash flow creates jobs. The economy is driven by the exchange of goods and services and the movement of money. Even money is a product, when credit is too… Read More »
Dwayne Strocen | December 28, 2008 The Kyoto Protocol is a UN-led international agreement reached in 1997 in Kyoto, Japan to address the problems of climate change and the reduction greenhouse gas emissions. The Kyoto Protocol went into force on February 2005. Signatory countries are committed to moving away from fossil fuel energy sources –… Read More »
By John F Sase | Submitted On April 18, 2015 “Our basis of knowledge for estimating the yield ten years hence of a railway, a copper mine, a textile factory… amounts to little and sometimes to nothing,” British Economist John Maynard Keynes wrote, “If people are so uncertain, how are decisions made? They can only be taken… Read More »