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Doubt is a mental state in which the mind remains suspended between two or more contradictory propositions, and is uncertain about them. [ 1 ] [ better source needed ] Doubt on an emotional level is indecision between belief and disbelief .
In economics, in 1921 Frank Knight distinguished uncertainty from risk with uncertainty being lack of knowledge which is immeasurable and impossible to calculate. Because of the absence of clearly defined statistics in most economic decisions where people face uncertainty, he believed that we cannot measure probabilities in such cases; this is ...
Fear, uncertainty, and doubt (FUD) is a manipulative propaganda tactic used in sales, marketing, public relations, politics, polling, and cults. FUD is generally a strategy to influence perception by disseminating negative and dubious or false information , and is a manifestation of the appeal to fear .
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Welfare economics is a branch of economics that uses microeconomic techniques to evaluate economic well-being, especially relative to competitive general equilibrium, with a focus on economic efficiency and income distribution. [13] In general usage, including by economists outside the above context, welfare refers to a form of transfer payment ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
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Rickey Henderson, who died Friday at age 65, was the standard on the basepaths, setting numerous major league records for stolen bases, including the career mark of 1,406 and the modern single ...