The World's Best Book Summaries
What is a commercial republic? Is the United States a commercial republic? A commercial republic is a country like the United States, where commerce is an important part of the nation’s functioning. The Federalist Papers warn against the interstate conflict that can come with a republic where each state sets rules for commerce. Find out what The Federalist Papers say about commercial republics.
What is the Ray Dalio All Weather Portfolio? Why did Dalio set up this portfolio, and did it perform well? The Ray Dalio All Weather Portfolio is a trust that Dalio set up as a risk parity fund. The All Weather Portfolio was meant to withstand all market conditions. Keep reading to find out more about the Ray Dalio All Weather Portfolio and its impact.
How does does the federal revenue collection power impact the state tax burden? What does Federalist Paper 36 say about the state tax burden? State tax burden is a term that captures the amount of the nation’s taxes collected that are shouldered by a state. It can also refer to the tax burden of an individual residing in a given state. Read more about the state tax burden and Federalist Paper 36.
What is the regulation of interstate commerce? How is this addressed in the Constitution? The regulation of interstate commerce is an essential function of the federal government. It helps keep things moving smoothly within the country. Read more about the Constitution and the regulation of interstate commerce.
What is the power of direct taxation? How does federal taxation rely on direct tax revenue? Direct taxation is the power to assess taxes on indviduals. The federal government doesn’t have to go through the states to collect revenue. See how the power of direct taxation was an essential change when moving from the Articles of Confederation to the Constitution.
What is Azurix? What did it have to do witth the Enron collapse? Azurix was a part of Enron International. Azurix, a water supply company, followed yypical Enron fashion and made big deals without ever really providing a solid product. When Azurix went public, CEO Rebecca Mark stressed the importnce of appearanes—a polocy that later got enron internationl and azurix into trouble.
What was the purpose of ration cards in WW2? Why did Corrie ten Boom need them? WW2 ration cards were used to limit the consumption of materials. Jews in hiding did not have WW2 ration cards and getting food supplies was difficult for them. By staging a fake robbery of WW2 ration cards, Corrie ten Boom was able to provide sufficient supplies for the Jews hiding in her home. Learn more about ration cards in WW2.
Why are some sales reps successful, and some aren’t? Business advisory firm CEB Research might have the answer. CEB Research dug into the reasons why some salespeople had consistently high quality performances. CEB Research found that out of many factors, a major one was the type of seller and sales strategy. CEB research called these salespeople “Challengers” and set out to explain the Challenger Sale Model, and how all reps could learn to be challengers, too.
What was Enron’s stock price history, and why is it important? Enron’s stock price history is an important part of understanding the fall of Enron. Enron’s share price history shows the incredible growth and collapse of the company. Additionally, the stock price history can help show how Enron’s value continued to rise even as the company lost money, due to their fraudulent practices.
What was Enron Online, and how did it contribute to Enron’s failure in 2001? Enron Online was one of Enron’s failed business plans. Enron Online was a virtual trading platform for energy futures. This branch of the business didn’t work out for several reasons we’ll cover here, and Enron Online became another liability.