The English word “tariff” comes from the Italian word “tariffa” which was further derived from a similar-sounding Arabic word that translated to “notification” or “inventory […]
Category Archives: Business and Markets
How the Trump Family Profits from the Presidency
Wealth does not always arrive through quiet deposits or secret wires. Sometimes it walks through grand foyers wearing cufflinks and campaign badges. Inside chandeliered rooms, […]
The Difference Between Socialism and Communism
Both socialism and communism share a similarity with regard to their core principles: the creation and maintenance of a social and economic system based on […]
Moral Harm Model of Price Fairness: People Apply Moral Standards to Prices
Researchers have found that people evaluate the fairness of prices not only based on economic logic but also on moral values. This is particularly true […]
Difference Between Capitalism and The Free Market
Both capitalism and the free market are interrelated concepts and actual structures that have directed the economic systems of most modern economies around the world. […]
Johnson: Five I Format of Ethical Decision-Making
In his book “Organizational Ethics: A Practical Approach,” professor of leadership studies Craig E. Johnson presented a five-step model for making decisions. Based on other […]
Explaining Project Amplify: A Powered Footwear System From Nike
Nike is exploring a bold new frontier in movement technology with a powered footwear system that promises to reshape how average runners experience distance and […]
Supply-Side Economics: Advantages and Disadvantages
According to the macroeconomic theory called supply-side economics, an effective way to grow the economy is by lowering taxes and decreasing government regulation. These two […]
Why is Timber More Popular than Concrete in the U.S.
The construction industry in the United States has a gross output of more than 2 trillion dollars and its contribution to the gross domestic product […]
Explaining Banking: How Banks Earn Money?
There are different types of transactions transpiring within the realms of banking operations. Examples include saving and borrowing money, depositing and withdrawing money, buying and […]