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According to the economist George Selgin in his paper " Gresham's Law ":
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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 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 and George
According to Hosea Ballou, then Pierre Batiffol ( 1911 ) and George T. Knight ( 1914 ) Amalric was a believer that all people would eventually be saved and this was one of the counts upon which he was declared a heretic by Pope Innocent III.
According to Capp's brother Elliot, Alfred had finished all of Shakespeare and George Bernard Shaw by the time he turned 13.
According to George Cameron Stone, " Entire suits of mail kusari gusoku were worn on occasions, sometimes under the ordinary clothing ".
According to Every, one example may be " the myth of St. George " and other stories about saints battling dragons, which were " modelled no doubt in many cases on older representations of the creator and preserver of the world in combat with chaos ".
According to an extreme empiricist theory known as Phenomenalism, anticipated by the arguments of both Hume and George Berkeley, a physical object is a kind of construction out of our experiences.
According to Olivier De Schutter, the UN special rapporteur on food, there was a rush by institutions to enter the food market following George W Bush's Commodities Futures Modernization Act of 2000.
According to Robert W. Peterson in his book Pigskin The Early Years of Pro Football, the " passer was George W. ( Peggy ) Parratt, probably the best quarterback of the era ", who played for the Massillon, Ohio Tigers, one of pro football's first franchises.
:( According to George Hills, there are no primary sources that could explain whether such a demolition was requested or authorized by any Spanish or British authority.
According to the act of settlement of 1499, George's Protestant brother Heinrich was now heir prospective ; but George, disregarding his father's will, sought to disinherit his brother and to bequeath the duchy to Ferdinand, brother of Charles V. His sudden death prevented the carrying out of this intention.
According to George Weigel's biography of John Paul II, Paul VI named Archbishop Karol Wojtyła ( later Pope John Paul II ) to the commission.
According to a story told decades later by George Bancroft, Polk set four clearly defined goals for his administration:
According to George Macaulay Trevelyan in A Shortened History of England, during the Viking occupation: “ The Scandinavians, when not on the Viking warpath, were a litigious people and loved to get together in the ‘ thing ’ to hear legal argument.
According to Prudentius of Troyes, George faithfully tried to achieve his objective, but failed due to Lothair ’ s refusal to allow George to see Lothair ’ s brothers.
According to a rumor repeated by Gassendi in his Regiomontanus biography he was assassinated by relatives of George of Trebizond whom he had criticized in his writings.
According to George Cedrenus, the volcano erupted in the summer of 727, the tenth year of the reign of Leo III the Isaurian.
According to Rolling Stone journalist and biographer David Sinclair, " Scary, Baby, Ginger, Posh and Sporty were the most widely recognised group of individuals since John, Paul, George, and Ringo ".
According to George N. Patterson, when the Indian government finally produced a report detailing the alleged proof of India's claims to the disputed area, " the quality of the Indian evidence was very poor, including some very dubious sources indeed ".
According to George Modelski, Ayutthaya is estimated to have been the largest city in the world in 1700 CE, with a population of around 1 million.
According to WRS, " We chose a selection of music for each of the various scenes and then George made the final selections.
According to the Joint Congressional Committee on Presidential Inaugurations, George Washington added the words " So help me God " during his first inaugural, though this has been disputed.
According to one story, Guthrie made friends with an African-American blues harmonica player named " George ", whom he would watch play at the man's shoe shine booth.
According to Said Aburish, the government of Jordan and a number of Fatah commandos informed Arafat that large-scale Israeli military preparations for an attack on the town were underway, prompting fedayeen groups, such as George Habash's newly formed group the Popular Front for the Liberation of Palestine ( PFLP ) and Nayef Hawatmeh's breakaway organization the Democratic Front for the Liberation of Palestine ( DFLP ), to withdraw their forces from the town.
" According to critic George Morris, " it synthesizes every major Edwards theme: the disappearance of gallantry and honor, the tension between appearances and reality and the emotional, spiritual, moral, and psychological disorder " in such a world.