ANGLO-SAXON CAPITALISM
A type of capitalism which is often related with the United States and the United Kingdom, but also defines the economies of countries such as Ireland, New Zealand, Australia and Canada. Traditionally, it has heightened the free-market tendencies, embodied by less regulated labor and financial markets. It is different from its counterpart, the continental capitalism, which is more focused on wealth redistribution and state-control. Majority of the countries within continental Europe including Germany, Italy and France posses the form of the continental economic model.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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