Definition
In addition to being an investor and security expert, Jesse Lauriston Livermore was also a businessman. He was renowned for amassing and then squandering numerous multimillion-dollar fortunes by short selling during the stock market crises of 1907 and 1929,...
DefinitionJames Edward Meade CB, FBA was a British economist and winner of the 1977 Nobel Memorial Prize in Economic Sciences jointly with the Swedish economist Bertil Ohlin for their "pathbreaking contribution to the theory of international trade and international...
What is 'Joint' A legal term describing a transaction or agreement where two or more parties act in unison. Explaining 'Joint' In addition to pertaining to accounts or ownership in real property, joint can...
What is 'Job Openings and Labor Turnover Survey - JOLTS' A survey done by the United States Bureau of Labor Statistics to help measure job vacancies. It collects data from employers including retailers, manufacturers and different offices...
What is 'Japanese Government Bond - JGB' A bond issued by the government of Japan. The government pays interest on the bond until the maturity date. At the maturity date, the full price of the bond is...
DefinitionJohn Bates Clark was an American neoclassical economist. He was one of the pioneers of the marginalist revolution and opponent to the Institutionalist school of economics, and spent most of his career as professor at Columbia University. John Bates...
What is 'Job Footprint' The scope and range of an employee's duties while under a company's employ. A secretary's job footprint might include answering phones, greeting visitors, scheduling meetings and appointments and typing up documents. If she...
In this post, we will be discussing the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA). This was a bill that was passed in order to provide tax relief for American citizens. We will talk about who...
Who was John Hicks?
John Hicks was a British economist who was awarded the Nobel Prize in Economics in 1972. He is best known for his work on welfare economics and consumer demand, and he also made significant contributions to...
What is 'Japan Inc.' A nickname for the corporate world of Japan that came about during the 1980s boom, when Western business people saw how closely the Japanese government worked with its nation's business sector. ...