What Is Arbitrage And How Does It Work?

The simultaneous buying and selling of the same stocks, bonds, etc, in different markets to profit from unequal price How it works Arbitrage is a system of buying in a market where the price of the...

Knights Templar

Knights Templar were a military order of the time of the Crusades. It was founded in Palestine in 1119 by a group of French knights to protect pilgrims to the Holy Places. The name derives from the fact that...

Michelangelo Buonarroti

The Book of Genesis

The book of Geneis is the first book of the Old Testament in the Bible. The name "Genesis", which means "beginning" (Hebrew: Bereshith, in the beginning), is derived from the Greek Septuagint translation of the 3rd century B.C. Strictly speaking, however, the name refers to the story of creation told in the first chapters.

What is Pragmatism?

Pragmatism is the philosophical attitude that the validity of an idea lies in its practical consequences. Pragmatism is the first American philosophy developed independently of European schools of thought....

The Invention of the Clock

The mechanical clock, was a medieval invention. The ancient world had measured time, none too accurately, by the sundial and the water-clock. Both these were devices known to the Babylonians in the second...

The Safety Pin

Though it's unknown exactly where it was invented - perhaps in Mycenaean Greece, or in Italy or Sicily, or even in Denmark - the safety-pin developed from the ordinary straight pin, beyond which in turn there...

Immanuel Kant

Immanuel Kant was a German philosopher and one of the outstanding figures in modern Western philosophy. He founded the school of transcendalism holding that knowledge of the external world depends on sense-impressions co-ordinated by the reason, which operates according to 'a priori' principles.

Toothpicks

...small, narrow sliver of wood, plastic or similar material, used to remove food or other matter between the teeth. Toothpicks long preceded the toothbrush (which was probably invented by the Chinese) as an...

Modern Philosophy

In medieval times philosophy took up a new role. The Greeks had lived before Christ and well before Christianity became an established religion. The most famous philosophers of the medieval period were...