How Does Capital Flight Affect Me? Anyone who has invested in the stock market - and that's a whopping 43% of American households - can tell you that the American economy is not an island unto…
(Encyclopedia) McCloskey, Robert (John Robert McCloskey)McCloskey, Robertməklŏˈskē [key], 1914–2003, American writer and illustrator of children's books, b. Hamilton, Ohio. He studied at the Vesper…
(Encyclopedia) Benson, Ezra Taft, 1899–1994, U.S. secretary of agriculture (1953–61), b. Whitney, Idaho. An extension economist and marketing specialist at the Univ. of Idaho (1930–38) and executive…
(Encyclopedia) value, in economics, worth of a commodity in terms of other commodities, or in terms of money (see price). Value depends on both desirability and scarcity. The marginal theory of value…
Dangers of Deflation Defined As we have already seen, the American economy is increasingly global and effects of a downturn in one area of the world can immediately affect the value of…
Only one team can bring home a title, but there will be no shortage of winners on Super Bowl Sunday. This year, companies have been doling an average of $160 million for each 30-second spot…
About Foreign ExchangeInternational FinanceIntroductionAbout Foreign ExchangeEffect on Imports, Exports, and GDPTrade Deficits: Bad or Good?The International Monetary SystemThe Dollar and the U.S.…
