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 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 to one version of the tale, the oil had then passed to Henry's maternal grandfather, Henry of Grosmont, 1st Duke of Lancaster.

According to legend two road surveyors discussed whether they should stay at their present location or go on to the town of Lancaster.

According to the Gap Clock Tower Association, " The clock's face, long telling the time to passing multitudes, overlooks, at the gap, William Penns ' entrance into Conestoga, now Lancaster County, in 1701.

According to the Greater Antelope Valley Economic Alliance report of 2009 the Palmdale / Lancaster, CA Urbanized Area ( a US Census Bureau defined term ) has a population of 483, 998, which Rosamond is a part of.

According to the Greater Antelope Valley Economic Alliance report of 2009 the Palmdale / Lancaster, CA Urbanized Area ( a US Census Bureau defined term ) has a population of 483, 998, which Littlerock is a part of.

According to the Greater Antelope Valley Economic Alliance report of 2009 the Palmdale / Lancaster, CA Urbanized Area ( a US Census Bureau defined term ) has a population of 483, 998.

According to the Greater Antelope Valley Economic Alliance report of 2009 the Palmdale / Lancaster, CA Urbanized Area ( a US Census Bureau defined term ) has a population of 483, 998, which Quartz Hill is a part of.

According to the Greater Antelope Valley Economic Alliance report of 2009 the Palmdale / Lancaster, CA Urbanized Area ( a US Census Bureau defined term ) has a population of 483, 998, which Lake Los Angeles is a part of.

According to the ASME ( see reference link ), the first Michell / Kingsbury fluid bearing in the USA was installed in the Holtwood Hydroelectric Power Plant ( on the Susquehanna River, near Lancaster, Pennsylvania, USA ) in 1912.

However, I have been informed by an ancient Bachelor of Divinity who in his younger years had been an Amanuensis to Mr Thomas Allen of Gloucester-hall, that he ( Kelly ) had spent some time in that House ; whereupon I, recurring to the matriculation, could not find the name Kelly, only Talkbot of Ireland, three of which name were students there in 1573, 74, & c … This relation being somewhat dubiously delivered to me, I must tell you that Kelly having an unsettled mind, left Oxon abruptly, without being entitled into the matricula .” According to several accounts, Kelley was pilloried in Lancaster for forgery or counterfeiting.

According to The Brut, Lancaster tried to persuade Harclay to join his side, in return for great rewards in land.

According to Douglas, an alternate ending was shot, but discarded: General Scott, the treacherous Burt Lancaster character, goes off in his sports car, and dies in a wreck.

According to Lancaster ( 1972 ), the delay prompted some reflection ; James S. T. Stranahan, then President of the Brooklyn Board of Park Commissioners, invited Calvert Vaux to review Viele's plans early in 1865.

According to the Guinness Book of Records, the longest licorice twist ever made measured and and was made at the Y & S Candy Plant in Lancaster, Pennsylvania.

According to the Greater Antelope Valley Economic Alliance report of 2009 the Palmdale / Lancaster, CA Urbanized Area ( a US Census Bureau defined term ) has a population of 483, 998, which Pearblossom is a part of.

According to Parks and Services leader Jim Lancaster, plans include tearing down and replacing the original ferris wheel, replacing the Scat with a new ride, and expanding the train tracks to circle the enlarged acreage.

Her first role was as Cattle Annie in Cattle Annie and Little Britches ( 1981 ), with Burt Lancaster and Diane Lane ( Little Britches ) and was followed by roles in The World According to Garp ( 1982 ), Daniel ( 1983 ), and The Hotel New Hampshire ( 1984 ).

According to Lancaster, Massingham and Ashford ( Essentials of Marketing, 4th edition, McGraw Hill ), PIMS seeks to address three basic questions:

According to one writer, " If you had to make a short list of regions in the United States where regional food is actually consumed on a daily basis, the land of the Pennsylvania Dutch -- in and around Lancaster County, Pennsylvania -- would be at or near the top of that list ," mainly because the area is a cultural enclave of Pennsylvania Dutch culture.

According to Gladman, to stimulate effort and reward merit, " Lancaster used Place Taking abundantly.