Archive for category Financial

A history of exchange-rate regimes

The international monetary system has come a long way over the last 200 years. It’s experienced a pretty tumultuous history along the way, including the rise of central banks, world wars, and ad-hoc exchange rate mechanisms that have all shaped the system we have today.
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2050 Years Of Economic History In One Beautiful Chart

Based on the work of Angus Madison and the latest IMF projections, this ultimate economic chart shows the global balance of production from 1 to 2050.The big stories are the rise of the US and the decline and resurgence of China and India. Read the rest of this entry »

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Singapore: Miracle at the Center of the World

One of the globe’s smallest countries is also one of its richest cities. Read the rest of this entry »

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Apple Dodges Billions In Taxes

Charles Duhigg of the New York Times has written another extraordinary article about Apple, this time focused on the heroic lengths Apple has gone to to avoid paying taxes to governments around the world. Read the rest of this entry »

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10 Economists Who Changed the Course of History

Economics is one of the most important and influential fields of study one can enter: the ramifications of its theory have changed our world, and will of course continue to do so. When we think of powerful men of the past, our minds turn to politicians and leaders — the Churchills, Ghandis and even the Stalins and Hitlers who led men to glory, freedom, or doom. Read the rest of this entry »

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How Close Is A Cashless Economy? The Answer May Suprise You

Most people think of a cashless society as something that is way off in the distant future.  Unfortunately, that is simply not the case.  The truth is that a cashless society is much closer than most people would ever dare to imagine.  To a large degree, the transition to a cashless society is being done voluntarily. Read the rest of this entry »

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Twenty Common Sense Investing Rules

The below is for ordinary investors, not professional traders or those aspiring to become professional traders… Read the rest of this entry »

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