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Just as war is sometimes fallaciously represented as a zero sum game -- when in fact war is a negative sum game - stock market trading, a positive sum game over time, is often erroneously represented as a zero sum game. This is called the "zero sum fallacy" -- the erroneous belief that one...
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Greenmail denotes the decision by a corporation's board of directors to repurchase its shares that are held by a corporate raider, often at a significant premium, thereby keeping the board of directors in office. It may represent a conflict of interest between the corporation's shareholders and...
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Algorithmic signs. I. Introduction 4 A. Problematique 4 B. Definitions and Common Terms 5 1. Semiotics 5 2. Interactive art 5 3. Sign 6 a. Saussure 6 i. A Structural Theory of the Sign 6 ii. A linguistic theory of the sign 6 iii. The Arbitrary Sign? 7 b. Peirce 7 Semiotics, Grammar and Rhetoric...
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Economic analyses of law predominate in the United States because they can claim to be objective and scientific thus verifiable and the basis of predictions and reproducible experiments. However, several of the claims of economic analysis of law go too far and are unrealistic. This explains why...
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Insider trading: The words alone evoke conflicting feelings of jealousy and greed. But what is wrong with insider trading? Nothing. In fact, insider trading is good for the economy. Insider trading results in an efficient allocation of capital and thus makes the world wealthier
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Both the New International Economic Order (NIEO) and the New World Order (NWO) have failed to end poverty in the third world, most notably in Africa. The failure of these two theories, themselves responses to the failure of the Westphalian state system, and the material facts of globalisation...
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