What is incremental cost and how is it calculated
Incremental cost is the amount of money that a company spends to produce one additional unit of a product or service. In other words, it is the marginal cost associated with...
Buy to open is one of two methods an investor can use to open a position in options. The other method is called sell to open. Using buy to open, the investor opens a new call or put option...
What is a Notice of Default
A Notice of Default is a formal notice that informs the borrower that they have defaulted on their loan. This notice is typically sent to the borrower after they have missed multiple payments, and...
Project management is an essential part of any developing business. It can be the difference between a project that is completed on time and within budget, and one that spirals out of control. In this blog post, we will...
Marx and Economic History
There is no doubt that Marx's political philosophy, along with the modes of production and labor theory of value, have profound impact on the world economy and its history. In this article, we discuss Marx's modes...
What is the equation of exchange and what does it mean for economics
The equation of exchange is a mathematical formula that is used to quantify the relationship between money supply and money demand in an economy. The formula is...
Underground economy is a term used to describe an unregulated, illegal market in which people trade in goods and services that are not legal. Such markets are often referred to as "shadow economies" because they are characterized by non-compliance...
Three Types of Delta Hedging
When looking to protect your portfolio from market risks, you can use a strategy known as delta hedging. This strategy involves a portfolio of related financial securities. Even if the value of the underlying security...
What is a sweep account and how can it help you manage your money more effectively
A sweep account is a type of bank account that automatically transfers any funds above a certain amount into a savings or investment account....
There are many types of privileged communication, including: Legal advice, Attorney-client privilege, Speaking (but not spoken to) spouse privilege, and more. Let's explore the different types and see when they may apply. Here are some examples. If a communication...