Isaac Newton didn’t just buy the top in the South Sea bubble. He bought early, sold for a modest profit, then bought back in near the top after seeing others get rich, only to sell near the bottom for a loss of £20,000 (roughly £1.2 mil in 2021 adjusted for inflation).
Society refers to groups of people the cultures they form.
Price’s Law says, “half of the publications come from the square root of all contributors.” However, it is often used to support the idea that, “a few people generate half the results.”
Oil prices went negative on April 20th, 2020. This essentially translated to oil producers paying buyers to take oil. This was the result of a lack of demand for oil causing a lack of storage / a fear of a lack of storage.
The main differences between Trump, Biden, and Bernie on healthcare centers around how insurance is paid for and what benefits are included. That then impacts who gets insurance, what it costs, and what taxes look like.
To trade or invest in cryptocurrency you’ll need a cryptocurrency wallet and an exchange to trade on. Luckily, some platforms like Coinbase provide both services in one place.
It is common to confuse we’re, were, and where. We’re is a contraction of “we are,” where references location, and were is the plural past tense of “are.” Used in a sentence, it works like this, “we’re where we were.”
In my opinion capitalism works because it is based around the built in incentive of capital. In capitalism, capital itself is an ever-present motivator. Producing capital is rewarded with capital, which inspires more capital to be produced. This is a feedback loop that drives the production of capital and the accumulation of excess capital.
A favorite political term used by the political right to insult the left is “commie,” “communist,” or “socialist.” We look at why right-wingers call left-wingers “commies” and other such terms.