Business

Constitutional Economics is a branch of economics focusing on the economic analysis of the constitutional law of a state. It is a research program in economics…

The word “culture” comes from the Latin cuitus, which means “care” and from the French colere which means “to fill” as in “till the ground.”…

Pooled Internal Rate of Return (PIRR) is a method of determining the internal rate of returns (IRR) for a group of funds, as opposed to…

The term “Unconventional Cash Flow” is particularly used in discounted cash flow (DCF) analysis. Unconventional cash flow is more difficult to handle in DCF analysis…

Socialism is a populist economic and political system based on public ownership of the means of production. Market socialism is a type of economic system…

Economic liberty is the fundamental right of every human to control his or her own labor and property. It is the ability of people of…

The internal rate of return (IRR) is a discounting cash flow technique that gives a rate of return earned by a project. The internal rate…

Fiscal conservatism is the belief that the economy functions best with minimal governmental influence. It is a political and economic philosophy regarding fiscal policy and…

Marketization is the act or process of entering into, participating in, or introducing a free market economy. It is the process that enables the state-owned…

State Capitalism is an economic system in which the State controls or owns for-profit enterprises such as utilities (e.g., water and electricity) and transportation (e.g.,…

Economic Inequality is a concern in almost all countries around the world and often people are trapped in poverty with little chance to climb up…

The free market is an economic system based on supply and demand with little or no government control. In economics, a free market is a system…