Reasons Why Labor Creates Wealth

why labor creates wealth
Many have studied the reasons why labor creates wealth. There are many economic theories–some in vogue, some not–that address this issue. Karl Marx And The Value Of Labor Karl Marx and other economic theorists including Adam Smith and David Ricardo believed in something known as the labor theory of value, which Investopedia describes as the notion that “the value of a commodity was determined...
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How to Know if a Company Is Worth Investing In

How to know if a company is worth investing in
How to know if a company is worth investing in? It’s not enough to know a company’s worth–smart investing involves researching a company, knowing important details like the stock’s 52-week average, and how the company operates. Is A Company Worth Investing In? It’s sad to hear otherwise intelligent people talk about wanting to invest in a company like Starbucks because “everybody...
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What Are the Disadvantages of Investing in an Annuity?

disadvantages of an annuity
What are the disadvantages of investing in an annuity? First, let’s examine what we mean by “annuity”. Dividend.com describes annuities saying a customer purchases an annuity plan using a single big payment or smaller sets of contributions. “The financial institution distributes money back to you for a certain time frame, depending on what kind of annuity you purchase. The money you put in...
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The Shrinking U.S. Economy And You

US Economy Shrinks
If you are interested in investing, you might be wondering what the July 30, 2020 headlines about the U.S. economy shrinking a whopping 33% (more accurately, 32.9% according to the Associated Press) between April and June really means. I love how conspiracy-theory that line above sounds; there is no conspiracy, just a combination of economic factors that have brewed up a nasty economic storm that...
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What Are the Benefits of Increasing Your Credit Line?

What Are the Benefits of Increasing Your Credit Line
What are the benefits of increasing your credit line? It might seem to go against some of the current prevailing advice about credit–use less credit, not more and reduce your credit card balances below 50 percent or better. For many, the idea of increasing your credit line seems counter-intuitive because the idea is to avoid spending more. But increasing your credit line can actually help your...
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