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Kenneth J. Arrow. Anthony Downs (November 21, 1930 – October 2, 2021) was an American economist specializing in public policy and public administration. His research focuses included political choice theory, rent control, affordable housing, and transportation economics. He wrote a number of books including, An Economic Theory of Democracy ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 13 November 2024. Directionality of traffic flow by jurisdiction Countries by direction of road traffic, c. 2020 ⇅ Left-hand traffic ⇵ Right-hand traffic Left-hand traffic (LHT) and right-hand traffic (RHT) are the practices, in bidirectional traffic, of keeping to the left side and to the right side ...
A political spectrum is a system to characterize and classify different political positions in relation to one another. These positions sit upon one or more geometric axes that represent independent political dimensions. [1] The expressions political compass and political map are used to refer to the political spectrum as well, especially to ...
The economic (left–right) axis measures one's opinion of how the economy should be run. [1] In economic terms, the political left is defined as the desire for the economy to be run by a cooperative collective agency, which can mean a sovereign state but also a network of communes , while the political right is defined as the desire for the ...
Downs–Thomson paradox. The Downs–Thomson paradox (named after Anthony Downs and John Michael Thomson), also known as the Pigou–Knight–Downs paradox (after Arthur Cecil Pigou and Frank Knight), states that the equilibrium speed of car traffic on a road network is determined by the average door-to-door speed of equivalent journeys taken ...
This picture illustrates a variety of transportation systems: public transportation; private vehicle road use; and rail. Transport economics is a branch of economics founded in 1959 by American economist John R. Meyer that deals with the allocation of resources within the transport sector. [1] It has strong links to civil engineering.
In migration policy, for example, both sociocultural and economic issues are at play. The view that the Right can be defined by its acceptance of state intervention into the domestic sphere (little 'personal freedom') and the Left by its rejection, is false. In the U.S., the Right generally opposed gun control, while the Left argues for it.
t. e. Economics (/ ˌɛkəˈnɒmɪks, ˌiːkə -/) [1][2] is a social science that studies the production, distribution, and consumption of goods and services. [3][4] Economics focuses on the behaviour and interactions of economic agents and how economies work.