- published: 27 Nov 2012
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Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. A key point in finance is the time value of money, which states that purchasing power of one unit of currency can vary over time. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.
Wall Street, the center of American finance.
Wall Street, the center of American finance.
London Stock Exchange, global center of finance.
London Stock Exchange, global center of finance.
Questions in personal finance revolve around:
Avram Noam Chomsky (/ˈnoʊm ˈtʃɒmski/; born December 7, 1928) is an American linguist, philosopher, cognitive scientist, historian, logician, social critic, and political activist. Sometimes described as "the father of modern linguistics," Chomsky is also a major figure in analytic philosophy, and one of the founders of the field of cognitive science. He has spent most of his career at the Massachusetts Institute of Technology (MIT), where he is Institute Professor Emeritus, and is the author of over 100 books, primarily on politics and linguistics. Ideologically, he aligns with anarcho-syndicalism and libertarian socialism.
Born to a middle-class Ashkenazi Jewish family in Philadelphia, Chomsky developed an early interest in anarchism from alternative bookstores in New York City. At the age of sixteen he began studies at the University of Pennsylvania, taking courses in linguistics, mathematics, and philosophy. He married fellow linguist Carol Schatz in 1949. From 1951 to 1955 he was appointed to Harvard University's Society of Fellows, where he developed the theory of transformational grammar for which he was awarded his doctorate in 1955. That year he began teaching at MIT, in 1957 emerging as a significant figure in the field of linguistics for his landmark work Syntactic Structures, which laid the basis for the scientific study of language, while from 1958 to 1959 he was a National Science Foundation fellow at the Institute for Advanced Study. He is credited as the creator or co-creator of the universal grammar theory, the generative grammar theory, the Chomsky hierarchy, and the minimalist program. Chomsky also played a pivotal role in the decline of behaviorism, being particularly critical of the work of B. F. Skinner.
Tony Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American motivational speaker, personal finance instructor, and self-help author. He became well known from his infomercials and self-help books: Unlimited Power, Unleash the Power Within and Awaken the Giant Within.
In 2007, he was named in Forbes magazine's "Celebrity 100" list.Forbes estimated that Robbins earned approximately US$30 million in that year.
Robbins was born Anthony J. Mahavoric in North Hollywood, California, on February 29, 1960. Robbins is the eldest of three children and his parents divorced when he was 7. His mother then had a series of husbands, including Jim Robbins, a former semiprofessional baseball player who legally adopted Anthony when he was 12.
His father could not provide for their family, so he left them. His mother started abusing alcohol and prescription drugs sometime after. While growing up, Robbins was a primary care-giver, and helped provide for his siblings. Robbins was raised in Azusa and Glendora, California, and attended Glendora High School. He was elected student body president in his senior year, and grew 10 inches in high school, a growth spurt later attributed to a pituitary tumor. He has said his home life was "chaotic" and "abusive". When he was 17 years old, Robbins' mother chased him out of the house with a knife, and he never returned. Robbins later worked as a janitor, and did not attend college.