"In fact, the confidence of the people is worth more than money." ~ Carter G. Woodson
Sep 2, 2020
John Maynard Keynes (1883-1946) was interested in the level of national income and the volume of employment rather than in the equilibrium of the firm or the allocation of resources.
He was still concerned with the problem of demand and supply, but “demand” in the Keynesian model means the total level of effective demand in the economy, while “supply” means the country’s capacity to produce. When effective demand falls short of productive capacity, the result is unemployment and depression; conversely, when demand exceeds the capacity to produce, the result is inflation.
Vintage clothing is defined as a new or old garment that belongs to a previous era, in the span of 100 years, after which it becomes antique clothing.
Online sites and neighbourhood stores offer vintage clothes that have become increasingly sought after with buyers who are influenced by celebrities and fashion trends.
It is normal not to feel any special passion for your work. A particular slice of the population has been sold on the idea that you should do what you love and that work should be a source of fulfilment. This idea has done lots of damage because when people can't find work they love, they tend to feel there's something wrong with them.
Most of the world works principally for money. We might do better if we're taught to find work we're decent at and don't hate.
Many psychological findings are hard to replicate, but anchoring is easy to demonstrate and repeat.
Court judgements are routinely influenced by anchors, where initial numbers play a subconscious role in the judge’s mind. Salary negotiations are affected by the starting position, so it is always important to make the initial offer.
The Nasdaq (National Association of Securities Dealers Automated Quotations) is the oldest and largest electronic stock market globally. All its buying and selling occurs electronically and not on a physical trading floor.
It is the second-largest stock exchange globally based on the market capitalisation of its listed companies.
The wholesome story of Black Friday is that happy shoppers would flood local shops and malls the day after Thanksgiving, and the extra spending would put retailers "in the black" for the year.
The Friday after Thanksgiving was named "Black Friday" and it became the unofficial start of the holiday shopping season.
You are broke because your financial decisions were not the best, in the past.
This not about winning the lottery or landing in a high-paying job. Just by changing your behavior, this situation can be fixed.
The bulk of your budget is made up of necessities like rent, phone and internet bills, insurance, etc. If you can lower your monthly expenses, you can save a lot for unplanned events.
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