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Theories of Surplus Value (German: Theorien über den Mehrwert) is a draft manuscript written by Karl Marx between January 1862 and July 1863. [1] It is mainly concerned with the Western European theorizing about Mehrwert (added value or surplus value ) from about 1750, critically examining the ideas of British, French and German political ...
A colonial surplus is a way of measuring the effects of the relationship between colony and metropolis. A colony , in the sense of a region being ruled by a foreign overseas power, was in a different position from that of an independent country.
A variety of factors can lead to missing markets: A classic example of a missing market is the case of an externality like pollution, where decision makers are not responsible for some of the consequences of their actions.
However, Böhm-Bawerk argues that if Marx's view of equilibrium is used, then one would have to say that the densities would cancel each other out and thus have "ceased to act", meaning they cannot explain why the balloon is now floating, which is incorrect as it is the relative densities that explain why the balloon floats.
Economic rent is viewed as unearned revenue [2] while economic profit is a narrower term describing surplus income earned by choosing between risk-adjusted alternatives. Unlike economic profit, economic rent cannot be theoretically eliminated by competition because any actions the recipient of the income may take such as improving the object to ...
Some troops leave the battlefield injured. Others return from war with mental wounds. Yet many of the 2 million Iraq and Afghanistan veterans suffer from a condition the Defense Department refuses to acknowledge: Moral injury.
Agricultural surplus in the dual economy of Fei and Ranis. To understand the formation of agricultural surplus, we must refer to graph (B) of the agricultural sector. The figure on the left is a reproduced version of a section of the previous graph, with certain additions to better explain the concept of agricultural surplus.
From January 2011 to December 2012, if you bought shares in companies when Randall J. Weisenburger joined the board, and sold them when he left, you would have a 43.7 percent return on your investment, compared to a 12.1 percent return from the S&P 500.