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REGULATORY POLICY: Government policy based on government's ability to pass laws and enact regulations.
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DISMAL SCIENCE A term for the study of economics developed during the late 18th and early 19th century when economists concluded that continued population growth would push wages and living standards to a minimal subsistence level and keep them there. It persists to the present time because economics continue to point out that actions result in opportunity cost, that nothing is free, and that eventually society has to pay the price for what it does.
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A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
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"A man is not finished when he is defeated. He is finished when he quits. " -- President Richard Nixon
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RBC
Real Business Cycle
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