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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.
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 ...
Thomas Ernest Hulme — called "Ernest" by his family — was born at Gratton Hall, Endon, Staffordshire, the son of Thomas Hulme and Mary, née Young.Thomas attempted farming, but "the life proved too strenuous" for him; when his son was still young the family relocated to a house on Endon Bank, and Thomas went into business for a time as an auctioneer and sales agent before starting up a ...
Natural economics: Economics is concerned with both 'normal' and 'abnormal' economic conditions. In an objective scientific study one is not restricted by the normality assumption in describing actual economies, as much empirical evidence shows that some "anomalous" behavior can persist for a long time in real markets e.g., in market "bubbles ...
Capitalist realism is loosely defined as the predominant conception that capitalism is the only viable economic system, and thus there can be no imaginable alternative. Fisher likens capitalist realism to a "pervasive atmosphere" that affects areas of cultural production, political-economic activity, and general thought. [4]
This is our final article in a series of three, where we argued that deglobalization was a simplistic and inaccurate way to describe the current trajectory of trade and investment, and we looked ...
Classical economics, also known as the classical school of economics, [1] or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includes both the Smithian and Ricardian schools. [2]