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POLITICAL PHILOSOPHIES: The range of philosophical orientations that people have about politics, especially concerning the role of government. While a wide range of differing opinions exist, most tend to fall on a spectrum bound by liberal views on one end and conservative views on the other. Liberals tend to favor a larger role of government and conservatives tend to favor a smaller role.
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MONOPOLISTIC COMPETITION, CHARACTERISTICS The four key characteristics of monopolistic competition are: (1) large number of small firms, (2) similar but not identical products sold by the firms, (3) relative freedom of entry into and exit out of the industry, and (4) extensive knowledge of prices and technology.
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BEIGE MUNDORTLE
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Today, you are likely to spend a great deal of time at a crowded estate auction hoping to buy either a set of serrated steak knives, with durable plastic handles or a pair of blue silicon oven mitts. Be on the lookout for celebrities who speak directly to you through your television.
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A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
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"It is part of the American character to consider nothing as desperate. " -- President Thomas Jefferson
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LME
London Metal Exchange
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