Labor Theory of Value – an economic theory The Labor Theory of Value is an economic theory that suggests that the value of a good or service is determined by the amount of…
Green Economy – an economic model The Green Economy is an economic model that prioritizes sustainable development and environmental protection. It seeks to balance economic growth with environmental sustainability by encouraging…
In March, there were 236,000 New Jobs Created, Which is About what was Anticipated Although the growth of nonfarm payrolls in March was roughly in line with predictions, it revealed early symptoms of a downturn in the jobs market.…
Collaborative Finance – a category of financial transaction Collaborative finance, also known as peer-to-peer (P2P) finance, refers to a type of financial system in which individuals and businesses can lend and borrow money…
Community Exchange System – an internet-based global trading network A Community Exchange System (CES) is a locally-based, decentralized trading network that facilitates the exchange of goods and services between members without the need for…
Local Currency – in Economics Local currency refers to the official currency of a particular country or region. It is the currency that is commonly used for transactions within that…
Time-based Currency – in Economics Time-based currency is a type of alternative currency that is based on the amount of time that an individual contributes to a community or organization.…
Various Applications of Platform Economy The platform economy refers to the ecosystem of businesses and organizations that operate through digital platforms, connecting buyers and sellers, service providers and consumers, and…
Sharing Economy – in a Socio-economic System The sharing economy is a socio-economic system built around the sharing of resources, such as goods, services, and skills, facilitated by technology platforms. These systems…
Applications of Local Currency Local currency refers to a currency that is used in a particular geographic location or region, rather than being widely accepted internationally. This currency is…
As the Proxy Battle Intensifies, Illumina Implores Shareholders to Reject Carl Icahn’s Board Nominations In a letter to shareholders on Thursday (March 30, 2023), Illumina warned that Carl Icahn’s three board nominees would “threaten the progress” of the biotech…
March’s Bank Failures Demonstrate that Even When Retail Traders Choose Large Winners, Options may be Challenging Investors in options played an anxious waiting game as a result of the sudden bankruptcies of Silicon Valley Bank and Signature Bank last month, which…