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During the 1930s Flint was among a number of poets who moved away from poetry and towards economics, working for the Statistics Division of the Ministry of Labour [8] writing that "[t]he proper study of mankind is, for the time being, economics". [9] Flint would go on to publish an article entitled The Plain Man and Economics in The Criterion ...
Imagism was a movement in early-20th-century poetry that favored precision of imagery and clear, sharp language. It is considered to be the first organized modernist literary movement in the English language. [1] Imagism has been termed "a succession of creative moments" rather than a continuous or sustained period of development.
In addition to presenting his economic ideas in hundreds of articles and in The Cantos, Pound wrote more than 1,000 letters a year throughout the 1930s. [265] From 1932, he wrote 180 articles for The New English Weekly , a social-credit journal founded by A. R. Orage, and 60 for Il Mare , a Rapallo newspaper. [ 266 ]
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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 ...
The existence of money illusion is disputed by monetary economists who contend that people act rationally (i.e. think in real prices) with regard to their wealth. [2] Eldar Shafir , Peter A. Diamond , and Amos Tversky (1997) have provided empirical evidence for the existence of the effect and it has been shown to affect behaviour in a variety ...
An economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions.
Carlyle's attacks on the ills of industrialisation and on classical economics were an important inspiration for U.S. progressives. [11] In particular, Carlyle criticised John Stuart Mill's economic ideas for supporting Black Emancipation by arguing that Blacks' socio-economic status depended on economic opportunities rather than heredity. [12]