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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.
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According to legend, Castor and Pollux announced to one of their ancestors the victory of the Romans over the Latins at the battle of Lake Regillus, and, to confirm the truth of what they had just said, they stroked his black hair and beard, which immediately became red.
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According to Geoffrey Keating, the main Beltane fire in medieval Ireland was on the hill of Uisneach, in what is now County Westmeath.
According to some scholars, the philosophical outlook of earliest Buddhism was primarily negative, in the sense that it focused on what doctrines to reject more than on what doctrines to accept.
According to the U. S. Centers for Disease Control and Prevention ( CDC ), risk factors for BV include douching and having new or multiple sex partners, although it is unclear what role sexual activity plays in the development of BV.
According to Ivinskaya, " He began to say what an authentic event the funeral was -- an expression of what people really felt, and so characteristic of the Russia which stoned its prophets and did its poets to death as a matter of longstanding tradition.
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According to his theses, immaterial unmoved movers are eternal unchangeable beings that constantly think about thinking, but being immaterial, they're incapable of interacting with the cosmos and have no knowledge of what transpires therein.
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According to Ixtlilxóchitl the three lords were joking cheerfully with each other, due to a rumor that Cortés had decided to return the expedition to Mexico, when Cortés asked a spy to tell him what they were talking about.
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According to the music guide, there is disagreement as to what the first disco song was.
" According to Moore, these questions are open and these statements are significant ; and they will remain so no matter what is substituted for " pleasure ".
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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 Austrian economist Ludwig von Mises, who had met Weber during his time at the University of Vienna,
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According to the economist George Selgin in his paper " Gresham's Law ":
According to ecological economist Robert Costanza:
According to economist Murray Rothbard:
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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.
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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.
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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 ).
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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.
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