America’s gross domestic product (GDP) is continuing on a steady rate of growth. Adjusted for inflation, the GDP increased by 2.9% at the end of 2022. How does human behavior affect economic growth? […]
Why do exchange rates matter? Any time one country’s exchange rate increases, the prices of its goods and services go up in other countries. Varying rates affect import and export prices around the world. […]
A merger is when two businesses combine to become one. Mergers can be friendly or “hostile,” in which the target company has little to no say in the matter. How do businesses come together in a merger or acquisition? […]
The Great Depression was an event that devastated not just American families and business, but also the lives of people and nations around the world. How did this chapter of history ultimately shape the face of the modern world? […]
It takes solid strategic planning in order to negotiate effectively. What type of outcome you walk away with depends on the specifics of the situation, but here’s how one student used the “I FORESAW IT” mnemonic to make the best of a bad situation. […]
In order to get the best out of negotiations, you may need to employ advanced negotiation tactics. This is where the mnemonic “I FORESAW IT” can help! […]
By Seth Freeman, Ph.D., New York University The best negotiators know that the most reliable tool for attaining a beneficial outcome is planning well in advance. […]
To see how economic mistakes can repeat time and again, you need look no further than recent history. The Great Depression was the result of a combination of protectionism, populism, and nationalism that combined with bad government policy to make a toxic brew that mired the U.S. and much of the world in an economic downturn for nearly a decade. These collapses demonstrate how easy it is to assume large-scale economic failures are isolated when in fact they are immersed in long-standing philosophies and can have immense global ramifications. […]
To see how economic mistakes can repeat time and again, you need look no further than recent history. […]
After the global financial crisis of 2008, regulators in a number of countries proposed rules to insulate traditional banking (taking deposits and making loans) from the risks associated with other financial services. […]
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