Examlex
Debt has benefits for firms because interest is tax deductible.As long as a firm has positive earnings it can receive the full benefit of the tax deductibility of debt interest expense.
Philosophers
Thinkers who engage in critical study, analysis, and questioning of concepts pertaining to existence, knowledge, values, reason, mind, and language.
Society
A community of people living in a more or less ordered community, often characterized by its laws, customs, and organizations.
Invisible Hand
A metaphor introduced by Adam Smith to describe the self-regulating behavior of the marketplace, where individual self-interests unintentionally benefit society.
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his theories on capitalism and the invisible hand of the market.
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