Finance Test

Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out. In fact, this doesn't happen. Economist Robert E. Lucas Jr. asks why in his groundbreaking 1990 article, "Why Doesn't Capital Flow from Rich to Poor Countries?" The question has become known as the Lucas paradox. Lucas analyzes this, focusing especially on the role of human capital.

Max Weber was the first to identify beliefs and practices that influenced economic behavior. He found Catholics generally less motivated to succeed in business than Protestants because of their religious belief that everyone could achieve salvation. The branch of Protestants known as Calvinists, on the other hand, believed God determined everyone's salvation status before birth. Nothing a person might do on earth could save a soul marked for damnation.

Mahbub ul Haq died in 1998, three years after the publication of his important work, Reflections on Human Development. The book appeared at the end of Haq's impressive career in international development and described his revolutionary contribution to the discipline. In it, Haq argues that the goal of any society should be to improve the lives of its citizens, therefore economic development should support that aim.

Our Common Future is a joint work produced in 1987 by a United Nations commission headed by former Norwegian Prime Minister, Gro Brundtland. Intended to respond to a growing number of environmental concerns faced by the global community, it recognized the need for long-term strategies to manage natural resources. It says we must act collaboratively to protect the environment, while at the same time stimulating economic and social development.

In his 2007 book The Black Swan, Nassim Nicholas Taleb says the Black Swans of his title can appear at any time, in the form of financial crises, wars, and other unexpected events that have profound, irreversible consequences. Taleb draws on philosophy, mathematics, economics, and other disciplines to explain in plain English why we seldom prepare for these events adequately. The way our brains process knowledge lull us into believing the future will resemble the past.

More than 200 years after Adam Smith published The Wealth of Nations, governments around the world continue to address many of the issues discussed in the book. The most powerful states in the world are still committed to international trade, but questions are repeatedly asked about the role of governments in the economy and the effectiveness of the free market.

The complete summary of The Financial Diet by Chelsea Fagan. This is an all inclusive summary of The Financial Diet. In it you will learn the basic principles of money management. The Financial Diet is the ultimate guide for money management. This summary helps you gain a detailed understanding of the actual book. (Disclaimer: This is NOT the original book. If you’re looking for the original book, it is available from Amazon and Audible.)

If you have been on top of the news as of late you would have heard of the various scandals and exposes of the rich and powerful sheltering their money in offshore tax havens. Tax havens are a very popular way for those who have the means to hide their assets from taxation as well as other legal proceedings. In this review of The Hidden Wealth of Nations by Gabriel Zucman, we will analyze, discuss, and summarize the book's key points.

Are you ready to embark on a rearding journey into the world of real estate? Look no further – our comprehensive guide is your key to acing the California Real Estate Exam with confidence and success. Designed by industry experts and tailored to the unique demands of the California market, this guide is your ultimate companion for achieving your dream of becoming a licensed real estate professional.

Tony Robbins' best-selling book, Unshakeable: Your Financial Freedom Playbook, offers simple but sound financial advice to help anyone navigate the market and increase their wealth, no matter how little experience they may have. This SUMOREADS Summary & Analysis offers supplementary material to Unshakeable to help you distill the key takeaways, review the book's content, and further understand the writing style and overall themes from an editorial perspective.

Please note: This is a summary and analysis of Unshakeable: Your Financial Freedom Playbook and not the original book.

Rich Dad, Poor Dad: What The Rich Teach Their Kids About Money--That The Poor And The Middle Class Do Not!, by Robert T. Kiyosaki, compares the financial philosophies of the author's two fathers: his biological father - the poor dad - and the father of his childhood best friend, Mike - the rich dad. Throughout the book the author compares both fathers, and how his real father, the poor and struggling but highly educated man, paled against his rich dad in terms of asset building and business acumen.

In today’s fast-changing pace of digitization, new technologies can grow old in a matter of months compared to decades due to the rise in standards with technological advancements. So how can you write a book on this subject that can stand the test of time? Many books on the subject that were published only a couple of years ago are obsolete and worthless unless you’re seeking to learn the ancient history of digital transformation. But this audiobook is different from anything you will find out there on the subject matter.

This is a summary of Business Adventures (1969), a collection of 12 nonfiction stories about American business and high finance by journalist John Brooks. Each story explores a different subject, including eccentric leaders and their successes, failures, and legal quandaries.

Please note: This is a summary and analysis of the book and not the original book. Tim Ferriss collects the answers to his favorite questions from a tribe of inspirational doers in everything from film to physics to gain insight into how to build what you want out of life next....

In this review, we will analyze, discuss, and summarize the key points in The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.

Please note: This is a summary and not the original book. If you're living through the 21st century, but feeling like the pace of life has picked up beyond what you can handle, Thank You for Being Late will help you understand why. Renowned journalist Thomas L. Friedman has returned to what he does best in this fascinating field guide to modern life - though many of the conclusions he comes to might leave you feeling anything but optimistic.

This short audiobook summarizes a case involving Disneyland Resorts. I view the case from a business student perspective. This case analysis should provide a good learning resource on what a case analysis should sound like. It could be used to make opinions on resort parks and the ways that they should conduct business. I have used data from class to support my decision on why Disneyland Resorts should perform certain business actions or why they shouldn't.

In The Big Short, Micheal Lewis chronicles the looming housing market crash of 2008-2009 through the eyes of a select few who saw it coming and positioned themselves to make a substantial amount of money from the folly of bankers. Follow the unapologetic analyst Steve Eisman; the value investor-savant Michael Burry; the two "event-driven" investors with no hedge fund chops; and the sleazy Grep Lippmann, who did his best to spread the idea and make money off investors wanting in and out of subprime.

The Millionaire Real Estate Agent (2004) explains how a real estate agent can build a lucrative business and routinely net $1 million or more in personal income by copying techniques from high-earning industry professionals. Authors Gary Keller, Dave Jenks, and Jay Papasan use interviews with dozens of top real estate agents, along with their own experiences in the field, to outline a strategy even novice agents can use to reach their true earning potential....