Trains and Railroads
Unusual railways of the world
Such a familiar thing for us - the railway! One of the most reliable (safe), affordable (inexpensive) and loved by many modes of transport. Bought a train ticket, came to the station. Now no one remembers that when the railway between St. Petersburg and Moscow was opened, travel was made free for the first three days precisely because everyone was afraid of this “terrible thing”. Basically, there is an opinion that the train is banal (boring), ordinary (usually), the planes with...
Maak pagina
Read More
What Are the Benefits of Mentoring for the Mentor?
Mentoring is often viewed through the lens of how it benefits the mentee, but the advantages for...
Integrative and Other Medicine: Are We in a Trap?
Integrative and Other Medicine: Are We in a Trap?
The situation is somewhat strange, to put it...
Definition of AER (Annual Equivalent Rate)
Definition of AER (Annual Equivalent Rate)
The Annual Equivalent Rate (AER) is a standard way of...
Explicit and implicit costs and accounting and economic profit
Key points
Privately owned firms are motivated to earn profits. Profit is the...
What Is Inflation and How Does It Affect My Money?
What Is Inflation and How Does It Affect My Money?
Inflation is one of those economic terms we...