Search results
Results from the WOW.Com Content Network
Lonergan's Discovery of the Science of Economics is a 2010 book by Michael Shute, in which the author provides an account of Bernard Lonergan's solution to a fundamental problem in economic theory. [1] [2] [3]
Bernard Joseph Francis Lonergan was born on 17 December 1904 in Buckingham, Quebec, Canada.After four years at Loyola College (Montreal), he entered the Upper Canada (English) province of the Society of Jesus in 1922 and made his profession of vows on the Feast of St Ignatius of Loyola, 31 July 1924. [14]
Fear the Boom and Bust is a 2010 hip hop music video in which 20th century economists John Maynard Keynes and Friedrich von Hayek (played by Billy Scafuri and Adam Lustick, respectively) take part in a rap battle discussing economics, specifically, the boom and bust business cycle, for which the video is named.
Michael R. Shute (21 September 1951 - 3 January 2020 in Halifax, Nova Scotia) was a Canadian scholar and Professor of Religious Studies at Memorial University of Newfoundland.
Functional leadership theory (Hackman & Walton, 1986; McGrath, 1962) is a theory for addressing specific leader behaviors expected to contribute to organizational or unit effectiveness. This theory argues that the leader's main job is to see that whatever is necessary to group needs is taken care of; thus, a leader can be said to have done ...
An econometric model specifies the statistical relationship that is believed to hold between the various economic quantities pertaining to a particular economic phenomenon. An econometric model can be derived from a deterministic economic model by allowing for uncertainty, or from an economic model which itself is stochastic. However, it is ...
Although very similar concepts have been previously defended by various people including Major Douglas and the Social Credit Movement, Nobel winning economist Milton Friedman is known to be the one who coined the term 'helicopter money' in the now famous paper "The Optimum Quantity of Money" (1969), where he included the following parable:
Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. [1] More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference."