Search results
Results from the WOW.Com Content Network
Folk economics is the intuitive economics of untrained people. [1] It is derived from the evolutionary basis for human cognition. According to proponents of the field such as Paul Rubin, in the evolutionary environment of our forebears life was mostly static; there was almost no economic growth or innovation. Moreover, there was relatively ...
From a scientific perspective, the folk definition is too narrow. In everyday life, " waste " is defined as "leftover material no longer usable and ready for disposal," whereas the environmental policy definition is: "Waste consists of movable property that the owner wishes to dispose of or whose disposal is necessary for the public good ...
Folk taxonomy in the sense of linguistic culture, and thus injustice, is a divided subject built upon a variety of distinct theories and methods of analysis. Still, there is apparent data that some languages, such as those of Native Americans, have tendencies to favor certain folk taxonomic classifications over others giving the speakers false ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...
A second edited collection "Virtualism: A New Political Economy," examined the cultural and social effects on western nations forced to adhere to abstract models of the free market: "Economic models are no longer measured against the world they seek to describe, but instead the world is measured against them, found wanting and made to conform ...
A more modern definition of folk is a social group that includes two or more people with common traits who express their shared identity through distinctive traditions. "Folk is a flexible concept which can refer to a nation as in American folklore or to a single family. " [ 9 ] This expanded social definition of folk supports a broader view of ...
Search for Folx in Wikipedia to check for alternative titles or spellings. Start the Folx article , using the Article Wizard if you wish, or add a request for it ; but please remember that Wikipedia is not a dictionary .