Least 40 million people died as a result of the epidemic, the majority of them suffocated by a lethal accumulation of blood and other fluid in the lungs. Ironically, unlike most flu epidemics, but lik...
Assets
And a spike in extreme meteorological events,
What became known in Russia as ‘pogroms’ – literally ‘after thunder’ – had been a recurrent feature of life in Western and Central Europe from medieval times onwards.
There can be no understanding without that sympathy which puts us, through the imagination, and (another's) situation.
Russia’s intelligence network did its utmost to damage his rival’s reputation,
Just as Hitler had predicted, it was rival empires more than indigenous nationalists who propelled the process of decolonization forward.
Institutions or products of culture. But they formalize a set of norms.
Hohenzollerns,
Between 1980 and 2000 the number of patents registered in Israel was 7652 compared with 367 for all the Arab countries combined. In 2008 alone is really inventors applied to register 9591 new patents....
As the banks took over the securities, the ratios between their capital and their assets lurched down towards their regulatory minima. Central banks in the United States and Europe sought to alleviate...
Was true of the English East India Company, the VOC’s biggest challenge was the principal-agent problem: the tendency of its men on the spot to trade on their own account, bungle transactions or simpl...
There was an orgy of vandalism and looting,
Six degrees of Monica Lewinsky,
Sanguine.
Resisting the temptation to build complexity when (as in the case of financial regulation) simplicity is a better option.
Mulcted
Intellectual diversity is the form of diversity that seems to be least valued in universities,
Houses are pretty illiquid assets - which means they are hard to sell quickly when you are in a financial jam. House prices are ‘sticky’ on the way down because sellers hate to cut the asking price in...
Financial markets saw the war of 1914–18 coming, we should expect to see declines in bond prices or rises in bond yields (since the yield is essentially the interest paid on a bond divided by its mark...