A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.' Download Download Share on Facebook Share on Twitter Rotate quotes call contract derivative
Building a road might create temporary jobs, but does it really create wealth if it doesn't also shorten commute times or otherwise make society better off? Myron Scholes buildcommutecreate Change image and share on social
Keynesian modelling relies on marginal propensity to consume and marginal propensity to invest. The idea that if we give more money to the poor, they have a propensity to consume that's much higher than the wealthy, though I wish they would talk to my wife about that; she seems to have a propensity to consume. Myron Scholes consumegivehigh share on social
I'm a theorist, not an institutionalist. Myron Scholes institutionalisttheorist Change image and share on social
In 1938, I was given a one-year teaching appointment, which was sensational for British universities. This was converted into the usual four-year contract for an Assistant Lecturer in 1939. Arthur Lewis appointmentassistantbritish Change image and share on social
Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them. Richard Dooling buffettcomputercreate share on social
Over the past decade... while many businesses have pursued what I call 'business as usual,' I have been part of a different, smaller business movement, one that tried to put idealism back on the agenda. Anita Roddick agendumbackbusiness share on social