J.P.
An American financier, philanthropist, and industrial organizer. Morgan was one of the world’s financial personalities prior to World War I decades and one of the fathers of corporate finance in the United States. Morgan began his career in 1857 at J.S. Morgan & Co., his father’s bank. He took it over in 1980 following his father’s death. Morgan reorganized many major railroads and boosted the General Electric, United States Steel, and International Harvester companies.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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An Introduction to Insurance
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Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
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