Equating the rate of profit with the rate of growth. In the theory of ECONOMIC GROWTH, it is the optimal growth path for an economy such that the maximum level of consumption per head of a population is sustained. Phelps, E.S. (1961) ‘The golden...

Do unto others as you would have done unto you. (English, after...

GOLDEN RULE. The expression Golden Rule has come into use in various modern European languages over the past few centuries as a popular reference to the dictum, "Do unto others as you would have others do unto you," best known in Western...

Golden Rule may refer to: Ethic of reciprocity, ethics, morality, history and religion Golden Rule savings rate, in economics, the savings rate which maximizes consumption in the Solow growth model Golden Rule (fiscal policy), in economics, a rule...

James Cash Penney's first business was a fast flop.But the reason wasn't a flawed plan, poor execution or too much competition.It failed because of his conscience. Yet this attitude of doing the right thing helped Penney immensely as he later built one of the largest...

Every day a new management or self-help book arrives at bookstores across the country promoting the benefits of the latest fad or buzzword in organization management. Newspapers and magazines feature consultants who have helped themselves and others succeed using an emerging business technique. And, of...

Alabama's best export might be slathered with sauce. 'Bama-based barbecue restaurants _ known for their variety of styles _ are spreading throughout the South and beyond, slowly gaining an out-of-state foothold in a highly regionalized business where diners...

Former Qwest Communications CEO Joe Nacchio, a firm believer in the telephone company's future, was reluctant to sell shares in early 2001 and asked the board for an extension but was turned down, his attorney says.Nacchio "believed passionately, firmly and honestly in the public financial...