diminishing
71Production theory basics — In microeconomics, Production is simply the conversion of inputs into outputs. It is an economic process that uses resources to create a commodity that is suitable for exchange. This can include manufacturing, storing, shipping, and packaging.… …
72Ricardian economics — David Ricardo was born in 1772 and made a fortune by later becoming a stockbroker and loan broker (Henderson 826, Fusfeld 325). At the age of 27, he read An Inquiry into the Nature and Causes of Wealth of Nations by Adam Smith and was energized… …
73DJ Shadow — Background information Birth name Joshua Paul Davis Also known as Josh Davis …
74Endogenous growth theory — Development Economics …
75Joseph Tainter — Joseph A. Tainter (Born December 8, 1949) is a U.S. anthropologist and historian. Tainter studied anthropology at the University of California and Northwestern University, where he received his Ph.D. in 1975.[1] He is currently a professor in the …
76Distributive efficiency — In welfare economics, distributive efficiency occurs when goods and services are received by those who have the greatest need for them. Abba Lerner first proposed the idea of distributive efficiency in his 1944 book The Economics of Control.… …
77education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …
78Cost curve — In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, productively efficient firms use these curves to find the optimal point of production (minimising cost), and… …
79Exogenous growth model — The Exogenous growth model, also known as the Neo classical growth model or Solow growth model is a term used to sum up the contributions of various authors to a model of long run economic growth within the framework of neoclassical… …
80Overpopulation Theories — Theories of Population † Catholic Encyclopedia ► Theories of Population Down to the end of the eighteenth century, very little attention was given to the relation between increase of population and increase of subsistence. Plato (De… …
