LABOR THEORY OF VALUE
An economic theory stating the value of a good or service can be measured by determining the average number of hours required to produce the commodity. This theory suggests the goods that take the same amount of time to produce should cost the same. It was Adam Smith, the modern economics founder, who first laid out the theory that became an important concept in Karl Marx’s philosophical ideas.
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Julian C. Day
The first appointed Chief Executive Officer and Chairman of technology retailer RadioShack in July 2006. Day started his career with consulting fir ...
Index Divisor
Number used in the denominator of the ratio between the total index value and index divisor. Usually, the number has little mathematical factor beh ...
Tax Advisor
Financial expert knowledgeable and has advanced training on tax laws and strategies. These professionals are hired to reduce taxation while complyi ...
Liquidity Premium
The premium demanded by investors when any security cannot be easily converted into cash but converted at the fair market value. When the liquidity ...
Bucket Shop
Fraudulent brokerage firm employing aggressive telephone sales technique to sell securities the brokerage owns and no longer wants to hold. ...
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Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |
