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Robert E. Lucas Jr. Definition
Robert E. Lucas Jr. is a New Classical economist who won the 1995 Nobel Memorial Prize in Economic Sciences for his research on rational expectations.
Lucas Wedge Definition
A Lucas Wedge visually shows how much higher gross domestic product (GDP) would have been if not for economic sluggishness or a recession.
Guerrino De Luca
Guerrino De Luca is the Chairman of the Board of Logitech International S.A., a personal computer peripherals manufacturer.
Peter Thiel Used Neoclassical Theory to Argue for Trump’s Tariffs
Peter Thiel says that capital flowing from poor countries to rich countries is proof that something is "strange" about global trade dynamics.
7 Billionaires' First Jobs
We all know of these famous billionaires, and how they made their money. But have you ever wondered how they got their start?
A tycoon is a prominent figure in a particular industry who has built up substantial wealth and power while building a business empire.
Top 9 States With The Most Billionaires
Have you ever wondered where in the United States the billionaires are living? You might be surprised at the answers.
Sites Are Using Your Browser to Mine Crypto. It Could Be a Good Thing
Early on, bitcoin and other cryptocurrencies promised to disrupt the web's ad-based monetization model. They failed. Is browser mining a second chance?
8 Of The Richest Gangsters Of All Time
Here's a look at some famous criminals who were successful at turning illegal activities into lucrative businesses.
New Keynesian Economics Definition
New Keynesian Economics is a modern twist on the macroeconomic doctrine that evolved from classical Keynesian economics principles.