Nathan Mayer Rothschild, likely didn’t say the “blood on the streets” quote, and further the story of him making a fortune at Waterloo likely isn’t true.
A market is a place, real or virtual, where buyers and sellers interact to exchange capital and assets.
Factoids tagged with "Markets"
The long term capital gains tax is lower than other federal income taxes, including the capital gains tax and the income tax.
About half of American families pay little to no federal income tax after tax credits and deductions. Payroll taxes, excise taxes, and sales taxes hit the average American family the hardest.
The word bank is commonly thought to come from the Italian word for Bench “banco”, as the first banks were benches in Italian trading centers.
The rise of piracy and the birth of the public stock market roughly intersect, this is because the first public stocks were essentially a type of insurance against pirates.
In 1602, the Dutch East India Company (VOC) became the first publicly traded company when it sold shares on its own Amsterdam Stock Exchange (the first stock market).
Blog Posts tagged with "Markets"
Bitcoin and other cryptocurrencies look like they are in a bubble here in 2017, in terms of historic bubbles, but no one can predict the future.
Neoliberalism is an economically-minded evolution of classical liberalism focused on deregulation, trade, and the private market. It is a “middle way” or “third way” between liberalism and conservatism.
Labor and capital are economic terms that describe 1. workers and their labor power and, 2. capitalists and their material and financial capital.
In America we have a Progressive Federal Income Tax system broken down into “tax brackets”. Tax Filers pay the “marginal tax rate” on each dollar of income in a given bracket (after most deductions, but before tax credits).
We explain neoliberalism, globalization, nativism, and protectionism and the pros and cons of “neoliberal globalization” and “nativist protectionism.”
Below we explain how currency gets into circulation via the Treasury, Federal Reserve, and banks, and the role Congress, banks, businesses, and you play in the process.
We explain two types of special interests: cronyism (politicians working with corporate interests) and monopolies / oligopolies (the consolidating of corporate power in a given industry to one or few entities).
We explain populism, globalization, nativism, nationalism, neoliberalism, modernization, and other terms important for understanding modern world politics.
Velocity of Money is a measure of money exchanged over time, typically how often and quickly the average dollar is exchanged per day.
Book Reviews tagged with "Markets"
Friedrich A. Hayek’s The Road to Serfdom essentially explains itself (or at least the cartoon that comes with it does). We explain it anyway.
Below we present an annotated version of Andrew Carnegie’s 1889 essay Wealth (better known as the Gospel of Wealth).