... MONEY-WAGES o PROFESSOR PIGOU'S &apos ;THEORY OF UNEMPLOYMENT' 20. THEEMPLOYMENT FUNCTION 21. THE THEORYOF PRICES Short Notes Suggested by theGeneralTheory 22. NOTES ON THE TRADE ... ON THE NATURE OF CAPITAL 17. THE ESSENTIAL PROPERTIES OF INTEREST AND MONEY 18. THE GENERALTHEORYOFEMPLOYMENT RE-STATED Chapter 1 THE GENERALTHEORY I have called this book theGeneral ... cost oftheemployment in question[1]. The excess ofthe value ofthe resulting output over the sum of its factor cost and its user cost is the profit or, as we shall call it, the income of the...
... distribution of bequests that become initial endowments of asubsequent generation. Thus, analysis ofthe long-term effects of changesin longevity has to focus on the (ergodic) evolution ofthe distribution of ... Let the currentnumber of age-z females be n(z), while the total number is N. When the population growsat a rate g, the number of females z periods ago was Ne−gz. If m is the birthrate, then ... steeper rate of decline in the population density function withage. The above assumption, constraining the rate of increase of survivalprobabilities with age, ensures that between these two opposing...
... description of the motivation for and the stipulations of these annuities from a textbookfor actuaries:These are usually effected to avoid the disappointment that is often felt in the event ofthe ... follow the standardassumption that the sign ofthe price of each good changes in the oppositedirection to the sign of profits from sales of this good. The following assumption about the relation ... provided by the purchase of lifeinsurance. Each annuity pays a flow of 1 unit of consumption, contingenton the annuity holder’s survival. Denote the price of annuities by pa.A unit of life insurance...
... later by the Theory ofthe Specific Heat of Solid Bodies, and the fundamental idea ofthe General Theory of Relativity. During the interval 1909 to 1911 he occupied the post of Professor ... be mentioned: The Special Theoryof Relativity, Inertia of Energy, Theory ofthe Brownian Movement, and the Quantum-Law ofthe Emission and Absorption of Light (1905). These were followed ... make themselves evident in practice. We shall not consider the motion of stars until we come to speak ofthegeneraltheoryof relativity. In accordance with thetheoryof relativity the kinetic...
... structures ofthe molecules. These structures are therefore not of immediate concern in the kinetic theoryof gases; they determine the exterior fields of force, which form the outworks ofthe molecule, ... quantum theoryof collisions (so far as it affects thetheory of the transport phenomena in gases), and on thetheoryof conduction and diffusion in ionized gases, in the presence of electric ... of much more general results of statistical mechanics. 6. The interpretation of kinetic -theory results The methods of the kinetic theory are successful in giving results of practical...
... is the cornerstone of the RNA World. Nevertheless, there is a lot going for the RNA World(Bernhardt summarizes much ofthe evidence, and I add more below)whereas the other hypothes es on the ... existedalready at the late stages ofthe hypothetical RNA World [92].All this discussion is not pointless play with hypotheses. Realization of the unique status ofthe RNA World among the origin of life ... Because ofthe ability of these naturally occurringRNA riboswitches to bind protein enzyme cofactors, andbecause many of these cofactors possess non-functionalfragments of RNA – one ofthe earliest...