Apr 21, 2014 | Post by: Prateek Agarwal No Comments

Juglar cycle

Juglar cycle is a fixed investment cycle of 7 to 11 years identified in 1862 by Clement Juglar. Within the Juglar cycle one can observe oscillations of investments into fixed capital and not just changes in the level of employment of the fixed capital (and respective changes in inventories), as

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Apr 15, 2014 | Post by: Prateek Agarwal No Comments

Hiding Hand Principle

The hiding hand principle is the idea that when a person decides to take on a project, the ignorance of future obstacles allows the person to rationally choose to undertake the project, and once it is underway the person will utilize his creativity to overcome the obstacles he encounters because

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Apr 08, 2014 | Post by: Prateek Agarwal No Comments

Carbon Bubble

A carbon bubble means that the true costs of carbon dioxide in intensifying climate change is not taken into account in a company’s stock market valuation and the economic bubble affected by the valuation of fossil fuels based assets. Currently the price of fossil fuels companies shares is calculated under

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Mar 31, 2014 | Post by: Prateek Agarwal No Comments


Bimetallism is a monetary standard in which the value of the monetary unit is defined as equivalent both to a certain quantity of gold and to a certain quantity of silver; such a system establishes a fixed rate of exchange between the two metals. The defining characteristics of bimetallism are:

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Mar 24, 2014 | Post by: Prateek Agarwal No Comments


The term comes from the cornucopia, the “horn of plenty” of Greek mythology, which magically supplied its owners with endless food and drink. The cornucopians are sometimes known as “boomsters”, and their philosophic opponents—Malthus and his school—are called “doomsters” or “doomers.” Theory

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