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What Is Predatory Lending And How Do You Avoid It?

As you can probably imagine from its name, predatory lending is an unfair way of lending money. Most people will have heard words like ‘loan shark’ used before and this is a good description of predatory lending. The people involved in this business can make a lot of money for themselves, but they can also make life very miserable for those who are unlucky enough to have borrowed money from them. This is not just something that happens in movies; people do end up with ruined lives because of this type of lending. Even in civilised place like the UK you will find plenty of people involved in this type of illegal business.

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What Is an Investment Broker and Do You Need One?

You may already be aware of the job title ‘investment broker’ but you could be wondering as to what these people do. You might also like to know if there is anything that these people offer that could be advantageous to you; could they help make you money? There is a common misconception that investment brokers are only the concern of the big investor but this is in fact far from the case.

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What are ISA’s and are these Good Investments

Those who have spent any time waiting in line at a bank in the UK or otherwise paid any attention to financial advertisements will almost certainly have heard about ISA’s. Those individuals who find saving easy and always likes to invest in the future are likely fully aware of this financial product. Many people though, will have heard about ISAs but will have no real idea about what this actually is all about. They may have a vague idea that it is something to do with investing or saving money, but have no real idea about the benefits of this type of product.

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How to secure your future finances and be financially peaceful?

The future can seem a whole lot brighter if you believe that the finances are going to be there to allow you do the things you want to do. Securing the future does not mean saving every penny now so that you can have a few nice years before you die; the real trick is to manage your finances so that you always have a bit of money throughout the rest of your life. It should be remembered though, that it is a lot easier to be poor when you are young than it is when you are older.

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What is the Austrian School of Economics?

Austrian Economics dates back all the way to the fifteenth century. It is based on the assumption that the actions of social groupings and individual humans follow natural laws much in the same way as other aspects of nature. It has been the aim of Austrian economics to produce theories to explain these actions; although the claim that this should involve different tools than used in hard science. Followers of this theory of economics are strong advocates for complete freedom in the marketplace; they believe that industry should be allowed to make voluntary contracts but they should not be coerced into anything. The reason why it is called the Austrian school is that many of the early proponents of the theory were from Austria; most supporters of the school these days do not come from anywhere near Austria.

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What is Health Economics and Why is it Important?

Health Economics has been a hot topic recently. In countries like the United States the subject can lead to much contention. Many individuals discuss the subject without ever even realizing that there is a whole branch of economic theory devoted to this topic. Health care is one of the most important issues that concerns humans and economists have a lot to say about it.

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What is Pareto Efficiency?

Pareto efficiency is something you may sometimes hear mentioned in relation to economic theory. It is named after an Italian economist named Vilfredo Pareto.  The idea of a Pareto efficiency is not related to equity because something can be meet the requirements of Pareto efficiency but be very inequitable indeed. The idea of Pareto efficiency is of interest to economists and it is particular importance for game theory.

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What are Business Cycles (Economic Cycles) and What Causes Them?

The business cycle is something you will frequently hear economists mention.  It is often discussed in relation to a countries economic performance or how markets are behaving on a global scale. It seems to be quite an important concept so what does it actually refer to?

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