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A Primer on Futures Contracts
Dr. Hassan Shirvani Futures contracts, together with options and swaps, are examples of the derivative securities which are so-called because they derive their values from the performances of other financial assets or commodities. As such, they are essentially side bets, not unlike placing bets in a horse race. Given their wide popularity on Wall Street as highly effective investment and hedging instruments, this post briefly…
Former Swiss Guard: My Most Powerful Weapon
On the liturgical calendar October 7th is the Feast of Our Lady of the Rosary. This feast celebrates the naval victory of the Holy League fleet at Lepanto which in 1571 saved Christian Civilization from defeat at the hands of the Ottoman Empire. Pope Pius V knew well the tremendous importance of resisting the aggressive expansion of…
Business: A participation in God’s creative power!
It seems to me that we Christians have a natural suspicion of profit – maybe it’s because of its association with self-interest. Disciples are called to follow the Master on the path of self-gift and sacrifice for others. We cannot serve both God and mammon. Christ tells us that there are things “in the beginning”…
Restarting the transatlantic relationship in the global economy
By Dr. Beverly Barrett Beverly Barrett, Ph.D. The transatlantic relationship is being renewed, as the world emerges from the pandemic. U.S. President Joe Biden’s discourse on his recent travels to Europe indicate a unique commitment to the relationship with partners Europe. Grounded in in decades of cooperation grown out of the partnership of post-World War…
Myth of the Free Markets: A Catholic Perspective
By Dr. Hassan M. Shirvani The importance of economic education in fostering higher levels of social welfare and political stability is widely acknowledged. However, judging by the poor quality of most public economic debates, the level of economic literacy, even in major industrial countries, seems to be still awfully low. This is particularly evidenced by the increasing tendency of many debaters to refute the views of their opponents, not…
Alexander the Great’s most difficult Challenge from the PAST is a Great Phoenician Legacy TODAY!
My Negotiation Experience in Macedonia” by Dr. Habib Chamoun-Nicolas Alexander the Great: Macedonia and the Phoenicians It is known that Alexander the Great of Macedonia experienced great challenges when attempting to conquer Tyre, the great trade city of Phoenicia. The Phoenicians were known to be a pacifist culture and people, however, if they were attacked,…