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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, then, to what I take to be the prevailing view, these rioters were merely a handful of irresponsible, Stalinist-corrupted provocateurs.
Atma ( Soul ) merges into " Parmatma " or the greatest soul. According to Bhagwadgita an " Atma " or soul never dies, what dies is the body only made of five elements-Earth, Water, Fire, Air, and Sky.
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.
According to ancient sources, ( Plutarch Theseus, Pausanias ), Amazon tombs could be found frequently throughout what was once known as the ancient Greek world.
According to the Jargon File, American hackers switched to what they later discovered to be the British quotation system because placing a period inside a quotation mark can change the meaning of data strings that are meant to be typed character-for-character.
According to what Aleut people told Japanese castaways, otters were decreasing year by year and their share in return of furs they made also were decreasing as Russian ships stopped coming to the island.
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.
According to Arika Okrent, Bliss used to complain about the way the teachers at the OCCC were using the symbols, in relation with the proportions of the symbols and other questions: for example, they used “ fancy ” terms like “ nouns ” and “ verbs ”, to describe what Bliss called “ things ” and “ actions ”.
According to Barkun, the appeal of conspiracism is threefold: First, conspiracy theories claim to explain what institutional analysis cannot.
According to the work De Administrando Imperio written by the 10th-century Byzantine Emperor Constantine VII, the Croats had arrived in what is today Croatia in the early 7th century, however that claim is disputed and competing hypotheses date the event between the 6th and the 9th centuries.
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.
As a result, his art was sometimes criticized as being “ vulgar ,” because he painted what he saw: “ rutted and edged hodgepodge of bushes, mounds of earth, and trees in various stages of development .” According to one source, details such as those were equivalent to today ’ s art showing garbage cans or beer bottles on the side of a street scene.
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.
According to this view, Hume's empiricism consisted in the idea that it is our knowledge, and not our ability to conceive, that is restricted to what can be experienced.
" According to Moore, these questions are open and these statements are significant ; and they will remain so no matter what is substituted for " pleasure ".
According to Nicholas de Lange, Judaism offers no clear teaching about the destiny which lies in wait for the individual after death and its attitude to life after death has been expressed as follows: " For the future is inscrutable, and the accepted sources of knowledge, whether experience, or reason, or revelation, offer no clear guidance about what is to come.
According to the Five Books of Moses, Abraham is revered as the one who overcame the idol worship of his family and surrounding people by recognizing the Hebrew God and establishing a covenant with him and creating the foundation of what has been called by scholars " Ethical Monotheism ".
According to John N. Gray, the essence of liberalism is toleration of different beliefs and of different ideas as to what constitutes a good life.
According and economist
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 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.