Reference index

A person who has or affects to have a special appreciation of art and beauty.

Something or someone that one vehemently dislikes; a formal curse by a pope or a council of the Church, excommunicating a person or denouncing a doctrine.

Having a gloomy, irritable, or melancholy disposition; literally rooted in the old theory of black bile (atrabilis), which was once thought to produce a morose temperament.

Latin for "all other things being equal"; used in economics to isolate the effect of a single variable by holding all other factors constant.

Latin for "all other things being equal"; used in economics to isolate the effect of a single variable by holding all other factors constant.

A geopolitical concept proposing that control over Central Asia (the 'Heartland') allows for dominance over the 'World Island' (Eurasia and Africa), and thus the entire world.

A geopolitical theory stating that control over the coastal fringes of Eurasia (the Rimland) is the key to global power, as it contains the majority of the world's population and resources.

An acronym for "Not In My Back Yard," referring to opposition by residents to proposed real estate, infrastructure, or development projects in their local area, even if they agree with the need for such projects generally.

A person whose power or influence comes from their wealth.

In the context of central banking, to renege refers to a policy pivot where the Fed fails to follow through on its previous forward guidance or implicit commitments (e.g., backing out of signaled interest rate cuts due to persistent inflation).

The tacit ideology that the government’s main goal should be to minimize risks rather than balance them against benefits.

an adjective describing someone who is rudely curt, impatient, or sharp-tongued, often reacting with unnecessary brevity or irritation.

SVAR (Structural Vector Autoregression): SVAR is an econometric tool that separates tangled economic data into the underlying independent surprises, or shocks, that drove it, so you can simulate what happens if one of those shocks hits again.

SVAR (Structural Vector Autoregression) is an econometric tool that tries to separate tangled economic data into the underlying independent surprises — called shocks — that drove it, so you can simulate what happens if one of those surprises hits again.

Latin for "nobody's land"; a principle used in international law to describe territory that has never been subject to the sovereignty of any state.