Prices rising and falling as a result of Supply and Demand isn’t a purely theoretical idea, and the people on either side of the deal don’t have to have even heard of it. It happens naturally. If I want some … Read More
A new book by George Cooper, “Money, Blood and Revolution”, uses William Harvey’s 17th century discovery of the circulation of the blood as an analogue for understanding the driving forces of a successful economy. The circulation of the blood brings … Read More
“The two most popular words in the business lexicon”, the Economist opined earlier this year, “are probably ‘global’ and ‘leadership’.” The World Economic Forum in Davos each year epitomizes this: 1,000 corporate heads and 50 heads of government getting together … Read More
During business literacy trainings we use Income/Outcome® business simulations to familiarize employees with fundamental concepts in finance, like: What is profit? What is a fixed cost? What is depreciation? You might look at the above list and think “profit is … Read More