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According to economist Stephen P. Magee, the benefits of free trade outweigh the losses by as much as 100 to 1.
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According to economist Eduard Aghajanov, Armenia could have repaid them with low-interest loans from other, presumably Western sources, or with some of its hard currency reserves which then totaled about $ 450 million.
According to economist John Quiggin, the standard features of " economic fundamentalist rhetoric " are " dogmatic " assertions and the claim that anyone who holds contrary views is not a real economist.
According to the what economist Nicholas Barr describes as the " classical definition of income :" the 1938 Haig-Simons definition, " income may be defined as the ... sum of ( 1 ) the market value of rights exercised in consumption and ( 2 ) the change in the value of the store of property rights ..." Since the consumption potential of non-monetary goods, such as leisure, cannot be measured, monetary income may be thought of as a proxy for full income.
According to Austrian economist Ludwig von Mises, who had met Weber during his time at the University of Vienna,
According to Rajiv Sethi, an economist at Columbia University, black-white segregation in housing is slowly declining for most metropolitan areas in the US Racial segregation or separation can lead to social, economic and political tensions.
According to economist theorists, companies receive a convenience yield by holding inventories of certain commodities.
According to economist William Stanley Jevons ( 1875 ), representative money arose because metal coins often were " variously clipped or depreciated " during use, but using representations for the value stored in banks ensured its worth.
According to economist Steve Keen, the " deleveraging " moments when they ( or the governments they live under ) pay down debt instead of spending on consumption or investment in real-economy infrastructure, result in economic crises or even depressions ( such as The Great Depression ).
According to health economist Uwe Reinhardt, " strictly speaking, the term ' socialized medicine ' should be reserved for health systems in which the government operates the production of health care and provides its financing.
According to economist Frank Knight, it is different from risk, where there is a specific probability assigned to each outcome ( as when flipping a fair coin ).
According to cooperative economist Charles Gide, the aim of a cooperative wholesale society is to arrange “ bulk purchases, and, if possible, organise production .” The best historical example of this were the English CWS and the Scottish CWS, which were the forerunners to the modern Co-operative Group.
According to economist Robin Hanson, in 1990 the first known corporate prediction market was used at Xanadu.
According to the Marxist economist Ernest Mandel, who popularised the term with his 1972 PhD dissertation, late-stage capitalism will be dominated by the machinations – or perhaps better, fluidities – of financial capital ; and also by the increasing commodification and industrialisation of ever more inclusive sectors of human life.
According to economist Michael Hudson, China has said, " we don't want to make any more foreign exchange reserve of any paper currency, because all the paper currencies are government debt currencies.
According to economist and historian Murray Rothbard, between 1839 and 1843, real consumption increased by 21 percent and real gross national product increased by 16 percent, despite the fact that real investment fell by 23 percent and the money supply shrank by 34 percent.
According to a review by Geoffrey M. Hodgson, the term " social Darwinism " was first used in an English-language academic journal in an 1895 book review by the Harvard economist Frank Taussig ( it had been used as early as 1877 in Europe ).
According to the work of Nobel prize winning economist and expert on famines Amartya Sen, most famines do not result just from lower food production, but also from an inappropriate or inefficient distribution of the food, often compounded by lack of information and indeed misinformation as to the extent of the problem.
According to a study by economist David Card, deregulation resulted in the shift of approximately 5, 000 to 7, 000 airline mechanic jobs from the major trunk airlines to smaller carriers between 1978 and 1984.
According to economist Claudia Goldin, the success of the cliometric revolution had as an unintended consequence the disappearance of economic historians from history departments.
" According to Keynesian economist, Paul Krugman, the work of Friedman and Schwartz became dominant among mainstream economists by the 1980s but should be reconsidered in light of Japan's Lost Decade of the 1990s.
According and Stephen
According to William Ringler's study, Stephen Gosson, the theater business in London had become a thriving enterprise by 1577, and, in the opinion of many, a thoroughly bad business.
According to Stephen Frederic Dale, the name Babur is derived from the Persian word babr, meaning " tiger ", a word that repeatedly appears in Firdawsī's Shāhnāma and had also been borrowed by the Turkic languages of Central Asia.
According to Stephen Dorril, at about the same time, Special Branch officers recruited an informant within CND, Stanley Bonnett, on the instructions of MI5.
According to this argument, made by scientists such as Carl Sagan and Stephen Hawking, it would be improbable for life not to exist somewhere other than Earth.
According to the 11th century Byzantine historian Georgios Kedrenos an uncial manuscript of Matthew's Gospel, believed to be that found by Anthemios, was then still preserved in the Chapel of St Stephen in the imperial palace.
According to the Stephen Fried book Thing of Beauty, she locked herself in a bathroom for hours, shooting heroin.
According to principal architect Stephen P. Morse, this was a result of a more software centric approach than in the design of earlier Intel processors ( the designers had experience working with compiler implementations ).
According to Stephen Suleyman Schwartz, in his book " The Two Faces of Islam ", “ some say that during this vagabondage Ibn Abdul Wahhab came into contact with certain Englishmen who encouraged him to personal ambition as well as to a critical attitude about Islam .” Specifically, Mir ’ at al Harramin, a Turkish work by Ayyub Sabri Pasha, written in 1888, states that in Basra, Abdul Wahhab had come into contact with a British spy by the name of Hempher, who “ inspired in him the tricks and lies that he had learned from the British Ministry of the Commonwealth .”
According to Stephen Kinzer's 2006 book Overthrow, in 1898 the chief of the French Canal Syndicate ( a group that owned large swathes of land across Panama ), Philippe Bunau Varilla, hired William Nelson Cromwell to lobby the U. S. Congress for the Panama Canal.
According to Stephen Sondheim, " What few people understand is that Oscar's big contribution to the theater was as a theoretician, as a Peter Brook, as an innovator.
According to the historian Horace Mann, Stephen was an impotent observer, and that the responsible agent was in reality the Chartularius, Gratiosus.
According to the late 13th century chronicler Martin of Opava, Stephen VIII was described as being a German, who was elected pope due to the power and influence of his royal relative, the German king Otto I. Martin states that Otto ignored the will of the cardinals in imposing Stephen upon them, and because Stephen was hated for being a German, he was taken by supporters of Alberic II, who proceeded to maim and disfigure him to such an extent that Stephen was unable to appear in public again.
According to Stephen Metcalf, Nozick expresses serious misgivings about capitalist libertarianism, going so far as to reject much of the foundations of the theory on the grounds that personal freedom can sometimes only be fully actualized via a collectivist politics and that wealth is at times justly redistributed via taxation to protect the freedom of the many from the potential tyranny of an overly selfish and powerful few.
According to Hungarian tradition, Pope Silvester II, with the consent of Otto III, Holy Roman Emperor, sent a magnificent jeweled gold crown to Stephen along with an apostolic cross and a letter of blessing officially recognizing Stephen as the Christian king of Hungary.
According to Hartwick's legend, during his coronation Stephen dedicated the crown to the Holy Virgin, thereby sealing a contract between God and the crown ( which is therefore considered a " holy " crown ).
According to Stephen Spratt, " the revenues raised could be used for ... international development objectives ... such as meeting the Millennium Development Goals.
According to F. J. E. Raby, " There is little reason to doubt that Stephen Langton ... was the author " of the famous sequence Veni Sancte Spiritus.
According to Stephen Skinner, the study of sacred geometry has its roots in the study of nature, and the mathematical principles at work therein.
According to Stephen Holden, a writer in The New York Times, " Many of Hart's ballad lyrics conveyed a heart-stopping sadness that reflected his conviction that he was physically too unattractive to be lovable.
According to a study conducted by Robert J. Sampson and Stephen W. Raudenbush, the premise that the broken windows theory operates on — that social disorder and crime are connected as part of a causal chain — is faulty.
According to William of Newburgh, King Stephen was " grieved beyond measure by the death of the son who he hoped would succeed him ; he pursued warlike preparations less vigorously, and listened more patiently than usual to the voices of those urging peace.