Search results
Results from the WOW.Com Content Network
The wage–fund doctrine is a concept from early economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year (capital), is determined by the relationship of wages and capital to any changes in population. In the words of J. R. McCulloch, [1]
v. t. e. Johan Gustaf Knut Wicksell (December 20, 1851 – May 3, 1926) was a Swedish economist of the Stockholm school. He was professor at Uppsala University and Lund University. [1] He made contributions to theories of population, value, capital and money, as well as methodological contributions to econometrics. [1][2][3] His economic ...
Died. 15 June 1931 (age 69) New York City, U.S. Academic career. Influences. Thorstein Veblen. Contributions. Critique of the Austrian School and Neoclassical economics. Herbert Joseph Davenport (August 10, 1861 – June 15, 1931 [1]) was an American economist and critic of the Austrian School, educator and author.
Awards. Nobel Memorial Prize in Economic Sciences (1974) [2] Bronislaw Malinowski Award (1975) Karl Gunnar Myrdal (/ ˈmɜːrdɑːl, ˈmɪər -/ MUR-dahl, MEER-; Swedish: [ˈɡɵ̌nːar ˈmy̌ːɖɑːl]; 6 December 1898 – 17 May 1987) was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences ...
Richard Andreas Werner (born 5 January 1967) is a German banking and development economist who is a university professor at University of Winchester.. He has proposed the "Quantity Theory of Credit", or "Quantity Theory of Disaggregated Credit", which disaggregates credit creation that are used for the real economy (GDP transactions), on the one hand, and financial transactions, on the other ...
The definition appears in the Essay by Robbins as: Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. [26] After contention in the 1930s, this definition reached some general acceptance among economists. The book has six chapters, and the second half remains ...
Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in ...
Douglass North. Douglass Cecil North (November 5, 1920 – November 23, 2015) was an American economist known for his work in economic history. Along with Robert Fogel, he received the Nobel Memorial Prize in Economic Sciences in 1993. In the words of the Nobel Committee, North and Fogel "renewed research in economic history by applying ...