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... work, and their practitioners are knowledgeable and skilled in data gathering and analysis. These other disciplines can therefore teach economists a great deal about the use and importance of data collection ... born in Budapest, Hungary in 19 08. His father was a criminal lawyer and legal consultant; his mother came from a wealthy family of businessmen and bankers. Kaldor thus grew u...
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... predictions actually be tested against an alternative, null hypothesis that some factor was not important. This was to be done by gathering relevant historical data and then analyzing this data with the ... writings have also had a clear policy slant. He has opposed all government programs that are obtrusive to individual decision-making. Friedman (1975) has argued against wage and price co...
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... Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library Library of Congress Cataloging in Publication Data Pressman, Steven Fifty major economists: ... general, rather than trade by the East India Company, and he makes the case that foreign trade enriches a nation whenever it leads to a trade surplus. Mun also examines the fa...
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... would make tax payments each year arbitrary rather than certain. A third principle of taxation was that taxes should be levied at a time, and in a manner, that is most convenient for people to pay. The current ... so Smith was raised by his mother and by guardians appointed in his father’s will (Ross 1995, p. 2). Although he was a sickly child, Smith had a great passion for books an...
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... Given the many important conceptual and analytical advances he made, and given the mathematical nature of these advances, it is surprising that his reputation has not been much greater. In part, this ... automobiles and could easily do without Japanese automobiles (i.e., if our demand for Japanese automobiles was relatively elastic), while Japan could not do without American food and had a...
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... columnist and as an administrator for a railway company. Finally, his efforts began to pay off. In 187 0 he received a teaching position with the law faculty of the Lausanne Academy. Walras was not happy ... www.BingEbook.com LÉON WALRAS 54 The notion that different sectors of any economy are related to each other has a long history in economics; the idea goes back at least as far as Ca...
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... already regarded as one of the leading mathematical economists of his day, and Yale immediately hired him as an economics professor. Many accolades and awards soon followed. In 19 18 Fisher was elected ... marked a major advance in economics. Pareto was the first economist to seriously study income distribution data from around the world. He was thus a pioneer in this area. Pareto al...
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fifty major economists a reference guide phần 6 pdf
... became enraged and called it “an act of true and real sabotage of Italian finance” (Kaldor 1 985 , p. 6 18) . Mussolini contacted Sraffa’s father, insisting on a full and complete retraction. Sraffa ... psychological, historical, sociological, and cultural factors as the cause of these changes. Myrdal was born in 189 8 in the village of Solvarbo, a rural, farming area in central Sweden. H...
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fifty major economists a reference guide phần 7 pdf
... out, all his statistical work was driven by a “deep-seated concern for human welfare and a conviction that scientific, mathematical analysis can be combined with a broader humanistic approach.” Tinbergen ... that there is always a rational course of action for two players in a game. The rational course of action may be to use a pure strategy (always making the same choice) or a...
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fifty major economists a reference guide phần 10 pptx
... for political anarchism. A second major contribution by Arrow was to prove mathematically that a general equilibrium existed. As far back as Walras and Pareto, and possibly as far back as Quesnay, economists ... that child #1 prefers Aladdin to Barney and Barney to Cinderella; that child #2 prefers Barney to Cinderella and Cinderella to Aladdin; and that child #3 prefers Cinderella to...
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