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 the economist George Selgin in his paper " Gresham's Law ":

According to ecological economist Robert Costanza:

According to economist Murray Rothbard:

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 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 economist Stephen P. Magee, the benefits of free trade outweigh the losses by as much as 100 to 1.

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 to Steve Wilhite, the creator of the GIF format, the original pronunciation deliberately echoes the American peanut butter brand, Jif, and the employees of CompuServe would often say " Choosy developers choose GIF ", spoofing this brand's television commercials.

According to Steve Erlewine, its memorable guitar riffs, lumbering rhythms, psychedelic blues, groovy, bluesy shuffles and hints of English folk, made it " a significant turning point in the evolution of hard rock and heavy metal ".

According Steve White, during the Putin presidency Russia made clear that it had no intention of establishing a " second edition " of the American or British political system, but rather a system that was closer to Russia's own traditions and circumstances.

According to Chicago folksinger Steve Goodman, " no man could inspire more love, more hate.

According to Chicago Tribune columnist Steve Chapman, " Daley lasted 22 years in office partly because he resolved to ingratiate himself with black Chicagoans.

According to former Victorian Premier Steve Bracks, " We won't be renaming the National Gallery of Victoria.

According to artist Steve Purcell, that became a major limitation for the art team ; due to a low number of " ghastly " colors, they often chose bizarre tones for backgrounds.

According to fandom historian Fred Patten, the concept of furry originated at a science fiction convention in 1980, when a character drawing from Steve Gallacci ’ s Albedo Anthropomorphics started a discussion of anthropomorphic characters in science fiction novels.

According to Chairman Steve Van Andel and President Doug DeVos, " We are going through a global transformation of our business ; this includes rethinking our global approach to products, training, brands, and how we operate in all the countries in which Alticor operates.

According to conversations with Dan McKinnon and Steve Harfst ( former COO ), there was no desire for the company to compete with the low fare cost structure of JetBlue.

According to biographer Michael David Harris, " Sullivan signed Presley when the host was having an intense Sunday-night rivalry with Steve Allen.

According to Elaine Dundy, Presley sang " Love Me Tender " " straight, subdued and tender ... — a very different Elvis from the one on The Steve Allen Show three months before ".

According to Bonanno, he was held captive in upstate New York by his cousin, Stefano " Steve the Undertaker " Magaddino.

According to page 20 of the CD's liner notes, Steve Katz elected not to allow his performances onto the CD, which were digitally replaced by Jimmy Vivino.

According to Steve Huey of allmusic, " Only Built 4 Cuban Linx ... contained a narrative album format revolving around cocaine trafficking, criminal activity, and a rise through the ranks of the illegal industry.

According to Steve Cropper, the song was recorded with the intention of being released as by The Mar-Keys ( another name used to release singles by the Stax house band.

According to Steve Heine in 2011, less than 15 % of Japanese believe in God.

According to Allmusic editor Steve Huey, the success of his 1994 debut album Ready to Die " reinvented East Coast rap for the gangsta age " and " turned the Notorious B. I. G.

According to the BBC's website, Steve " tries to be the voice of reason while talking to his mates over a pint, but more often than not he stumbles into more complex and ridiculous situations than any of them.

According to David Doak, the majority of the work on the multiplayer mode was done by Steve Ellis, who " sat in a room with all the code written for a single-player game and turned GoldenEye into a multiplayer game.

According to giant squid expert Steve O ' Shea, such lengths were likely achieved by greatly stretching the two tentacles like elastic bands.

According to Goldberg, Steve Jobs demanded a demonstration of the Smalltalk System, which she refused to give him.

According to several sources including Macworld UK, the company name " Be " had its origin in a conversation between Gassée and Be co-founder Steve Sakoman.

According to Gregory, this effect was observed by a member of his laboratory, Steve Simpson, in the tiles of the wall of a café at the bottom of St Michael's Hill, Bristol.