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April 10, 2026 

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FALLACY OF MASS APPEAL: The logical fallacy of arguing that something is "correct" or "true" because a majority of the population thinks so. This is commonly used by both advertisers and politicians. Just because something is popular, doesn't mean it's "right." In fact, a cynic might argue that being popular probably makes it "wrong."

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DEMAND-DRIVEN BUSINESS CYCLES

Business-cycle instability caused by changes in one or more of the four aggregate demand expenditures on gross domestic production--consumption expenditures, investment expenditures, government purchases, and net exports. This is one of two basic types of business cycles--the other being supply-driven business cycles. Demand-driven business cycles tend to be the more common of the two types.

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APLS

WHITE GULLIBON
[What's This?]

Today, you are likely to spend a great deal of time wandering around the downtown area hoping to buy either rechargeable batteries or a rechargeable battery for your computer. Be on the lookout for pencil sharpeners with an attitude.
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Cyrus McCormick not only invented the reaper for harvesting grain, he also invented the installment payment for selling his reaper.
"A man is not finished when he is defeated. He is finished when he quits. "

-- President Richard Nixon

DRR
Discounted Rate of Return
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