Definitions
A college degree is an example of this form of capital
What is human Capital?
He was widely recognized by his work on creating the supply and demand graphical representations and also wrote the book Principles of Economics
Who is Alfred Marshall?
In Mexico, the name of this currency also means "weight," as in the weight of precious metal.
What is the Peso?
From 1947 to 2007 these downturns averaged about a year each; then the U.S. economy encountered a "great" one.
What are Recessions?
American opposition centered on the monopoly given to this trading company, not the Tea Tax.
What is the (British) East India Company?
The core rate of inflation excludes two volatile items that were extra volatile in 2008; energy is one, this is the other.
What is Food?
This Brit wrote the book on economics: 1936's "The General Theory Of Employment, Interest and Money."
Who is (John Maynard) Keynes?
A downturn in the U.S. economy from 1836 to 1838 was partly caused by a lack of confidence in this common type of currency.
What is Paper currency?
John Kenneth Galbraith wrote a 1955 book on "The Great Crash" of this year.
What is 1929?
This company turned down the opportunity to purchase Netflix in 2000 for $50M.
What is Blockbuster?
Including currency and other liquid assets, it's the total amount of cash available in a given economy.
What is the Money Supply?
The first woman to win a Nobel Prize in Economics for her work in New Institutional Economics and revival of political economy. The prize was awarded for analysis on economic governance.
Who is Elinor Ostrom?
"Systemically important financial institution" is an official status known more informally by these 4 words.
What is too big to fail?
Colloquial term for the president's economic policies [in the 1980s].
What is Reaganomics?
It took more than a "moment," but this Rochester, N.Y., company emerged from bankruptcy and still sells cameras.
What is Kodak?
From the French for "allow to do," it's the doctrine of governmental non-interference in commerce.
What is Laissez-faire?
This free market philosopher believed in the free market and an invisible hand
Who is Adam Smith?
A New Year's Day 2013 House vote kept the economy from sliding over what was known as this.
What is the fiscal cliff?
In 2013 this company said it would shrink its store base and focus more on Nook tablets.
What is Barnes & Noble?
This kind of "troll" is a company that buys a bunch of these just to extract money by threatening infringement suits.
What is A patent troll?
These people were awarded the 2025 Nobel Prize in Economics Sciences.
Who are Joel Mokyr, Philippe Aghion, and Peter Howitt?
Written to protect ships from German U-boats, this 1920 act dealing with shipping was said to be hurting Puerto Rico's economy in 2017.
What is the Jones Act?
This company has been "helping the world invest better since 1993."
What is The Motley Fool?