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While the events surrounding Bacon’s Rebellion have been considered through social and political lenses, one element has been neglected. This is the possibility that Bacon’s Rebellion occurred after the Virginia colony proved to be too unwieldy for the mercantile makeup of the British Empire while the colonists broadened their capitalistic ideals through localization. This…
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In the briefest of terms, the Austrian Business Cycle Theory (ABCT) assesses that economic slowdowns are the result of governmental interference with the free-market economy. This interference is generally the result of malinvestment encouraged by central banks. The result of this malinvestment is a bubble, which, when it deflates, takes an economy with it.…
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The American economic situation in 1920 is described by one historian as “grim”. The unemployment rate had tripled to 12% and Gross National Product had severely declined. President Warren Harding had at least one member in his cabinet agitating for “an array of interventions to turn the economy around.”[1] Harding opted to pursue a…
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After the Civil War, the railroads would have such an immense influence on the American economy that “some historians have dubbed the post-Civil War era the Railway Age.” While bulk goods that were measured by the ton may still have had a cheaper alternative for shipping via boat, the railroads “provided a service so superior…
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In the ever-evolving world, the art of forging genuine connections remains timeless. Whether it’s with colleagues, clients, or partners, establishing a genuine rapport paves the way for collaborative success.
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Challenges in business are a given, but it’s our response to them that defines our trajectory. Looking beyond the immediate obstacle, there lies a realm of opportunity and learning.
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Every business has a unique potential waiting to be tapped. Recognizing the keys to unlock this growth can set an enterprise on the path to unprecedented success.