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Command Decision was successful at the box office in 1949 [10] earning $2,901,000 in the US and Canada and $784,000 elsewhere. However, due to its high cost, MGM recorded a loss of $130,000 on the movie. [1] [11] It was named as one of the ten best films of 1948 by The New York Times and by Film Daily. [12]
The Code of Hammurabi, the best-preserved ancient law code, was created c. 1760 BC (middle chronology) in ancient Babylon. It was enacted by the sixth Babylonian king, Hammurabi . Earlier collections of laws include the code of Ur-Nammu , king of Ur (c. 2050 BC), the Code of Eshnunna (c. 1930 BC) and the Code of Lipit-Ishtar of Isin (c. 1870 BC ...
Hesiod active 750 to 650 BC, a Boeotian who wrote the earliest known work concerning the basic origins of economic thought, contemporary with Homer. [3] Of the 828 verses in his poem Works and Days, the first 383 centered on the fundamental economic problem of scarce resources for the pursuit of numerous and abundant human ends and desires.
Banks were established in Rome, modelled upon their Greek counterparts, and introduced formalized financial intermediation. Livy is the first writer to acknowledge the rise of formal Roman banks in 310 BC. [7] Ancient Roman banks operated under private law, which did not have clear guidance on how to decide cases concerning financial matters.
At the same time, new types of financial activities broadened the scope of banking. The merchant-banking families dealt in everything from underwriting bonds to originating foreign loans . These new "merchant banks" facilitated trade growth, profiting from England's emerging dominance in seaborne shipping.
National economies can be run from the top down, so to speak, in what is sometimes called a command economy or they can be run from the bottom up in what is sometimes called a free market. In the ...
An investment strategy allegedly praised by hedge fund manager Joel Greenblatt is being touted as an "ancient investment strategy" and a "modern-day financial miracle" by one of its modern ...
Volumes 1-4: From Ancient Times to the Present (Routledge, 2004). 1200pp online; Persson, Karl Gunnar, and Paul Sharp. An economic history of Europe (Cambridge University Press, 2015). Pomeranz, Kenneth. The World That Trade Created: Society, Culture, And the World Economy, 1400 to the Present (3rd ed. 2012)