Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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You added a vocabulary term
9 years, 1 month ago

teleological

A nerve-rich sense organ right between the sharpest, hardest bones powered by the strongest muscles: There was antiteleological argument.

(the tongue)

—p.13 by Tony Tulathimutte
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9 years, 1 month ago

Baumol effect

Historically this has meant that measured productivity has grown more slowly in public services than in other parts of the economy--the so-called 'Baumol effect'

—p.246 A moving backdrop (217) by John Hills
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9 years, 1 month ago

expropriation

the imposition of a negative real interest rate--effectively a wealth tax--on all forms of financial wealth expropriates the incomes of savers and might alter expectations of future effective rates of wealth taxes.

—p.300 Healing and Hubris: The World Economy Today (290) by Mervyn King
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Chicago Plan

the system of 'fractional reserve banking', under which banks create deposits to finance risky lending and so have insufficient safe cash reserves to back their deposits. The elimination of fractional reserve banking was a proposal put forward in 1933 as the 'Chicago Plan'.

—p.261 Innocence Regained: Reforming Money and Banking (250) by Mervyn King
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balustrade

a servant who may lean against the balustrade

—p.474 The Test (473) by Franz Kafka
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