John Forbes Nash, Jr. was an American mathematician. He was born in 1928 in West Virginia and was a pioneer in the study of differential geometry and partial differential equations. He also developed an equilibrium theory known as the Nash Equilibrium (of which the prisoner’s dilemma is a well-known example). Nash won the 1994 Nobel
John Richard Hicks was a British neo-Keynesian economist. Hicks was born in the United Kingdom in 1904 and studied at Oxford University where he also lectured. During his career, Hicks became well known for his contributions to labor economics, utility and price theory, macroeconomics, and welfare economics. He received the 1972 Nobel Memorial Prize in
What Is The Samuel Curtis Johnson Graduate School of Management? The Samuel Curtis Johnson Graduate School of Management—often referred to simply as “Cornell Johnson”—is a graduate business school based at Cornell University in Ithaca, New York. Originally founded in 1946, it received its current name following a $20 million gift by the family of businessman
What Is Joint? Joint is a legal term describing a transaction or agreement where two or more parties act in unison. Key Takeaways Joint refers to transactions involving two or more parties.Joint can also refer to liability such as when two people share a debt.Joint is used in many situations ranging from joint accounts to
What Is Joint Credit? The term joint credit refers to any type of credit facility that is issued to two or more people based on their combined incomes, assets, and credit histories. The parties involved share everything about the debt including the credit limit and the responsibility to repay it back to the lender. Joint
What Is Joint Liability? Joint liability denotes the obligation of two or more partners to pay back a debt or be responsible for satisfying a liability. A joint liability allows parties to share the risks associated with taking on debt and to protect themselves in the event of lawsuits. An individual subject to joint liability
What Is the Investor Protection Act? The Investor Protection Act is a component of the broader Dodd-Frank Wall Street Reform and Consumer Protection Act of 2009, designed to expand the powers of the Securities and Exchange Commission (SEC). The act established a whistleblower reward for reporting financial fraud, increased liability for aiding and abetting, and
What Is the Jackson Hole Economic Symposium? The Jackson Hole Economic Symposium is an annual symposium, sponsored by the Federal Reserve Bank of Kansas City since 1978, and held in Jackson Hole, Wyo., since 1981. Every year, the symposium focuses on an important economic issue that faces world economies. Participants include prominent central bankers and finance
Jack Welch was the chair and chief executive of General Electric (GE) from 1981 to 2001. Welch dramatically increased the market value of GE from $14 billion to $410 billion. He had a reputation as one of the top CEOs of all time. Fortune dubbed him “Manager of the Century” in 1999. When Welch retired, GE
James H. Clark is a serial and successful entrepreneur and computer scientist, perhaps best known for co-founding Netscape with Marc Andreessen in 1994. Netscape Navigator was the market leader in web browsers in the early days of the internet, becoming the dominant browser in terms of usage share in the 1990s. However, because it was
