On december 20th 2017 the European Court of Justice has delivered a judgement over the legal status of Uber, ruling that the company’s service that connects non-professional drivers with individuals is to be considered at all effects a transportation service and therefore be regulated as such, rejecting therefore Uber’s claim to be simply a computers … Continue reading Uber case opens new scenarios
A mutual fund is a professionally-managed investment vehicle, made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, derivatives and other assets. Mutual funds are usually operated by professional money managers, who allocate the fund's investments and attempt to produce profits for the fund's investors. Mutual funds are divided into "units", which are similar … Continue reading What is a mutual fund?
In 1509 the Dutch Desiderius Erasmus of Rotterdam wrote his most famous essay, The Praise of Folly, in which Folly, speaking in first person, praises herself, claiming to be a creation of God. Despite its 500 years, Erasmus' masterpiece is still today suitable for a more recent adaptation: The Praise of Cunning. In Italy, a country where … Continue reading The Praise of Cunning
Warren Edward Buffett (1930-alive), also known as the "Oracle of Omaha", is an American businessman, investor and philanthropist, famous for being the chairman and CEO of financial conglomerate Berkshire Hathaway and considered to be one of the most successful and well-respected investors in the world. Moreover, Buffett is also one of the wealthiest people in … Continue reading Warren Buffett
On November 12th 2011 Silvio Berlusconi, then president of the Council of Ministers (Prime Minister) of the Italian Republic, presented himself to the Quirinal Palace and resigned from his position in front of then President of the Republic Giorgio Napolitano. In the previous months, in fact, Berlusconi had showed on multiple times his inadequacy as Head … Continue reading How Mario Monti saved Italy
A stock exchange or stock market is the physical or virtual place where the issuing and trading of shares takes place. The stock market is one of the most important components of an economy, as it provides companies with capital in exchange for giving investors partial ownership of the firm. Stock markets can be split into two … Continue reading What is a stock exchange?
Living in a democracy, we are used to think that our votes can really make a difference. But votes can mean nothing without the proper electoral system: often the way we add votes together can really change the final result, it's enough to think at the controversial result of the recent USA elections. Since political … Continue reading The paradox of democracy