businesseconomics blogspot.com

Business Economics

Sunday, November 13, 2005. John Stuart Mill defined economics as The practical science of production and distribution of wealth; this definition was adopted by the Concise Oxford Dictionary. For Mill wealth is defined as the stock of useful things. Marxist economics still focuses on a welfare definition. In addition several critiques of mainstream economics begin from the argument that current economic theory does not adequately measure welfare, but only monetized activity. Monday, November 07, 2005.
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economics and business studies

There are certain indicators that economist should examine to find out how well an economy is performing. One of them is economic growth. But a country may also experience deflation which is an opposite to inflation.

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Business Economics

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Sunday, November 13, 2005. John Stuart Mill defined economics as The practical science of production and distribution of wealth; this definition was adopted by the Concise Oxford Dictionary. For Mill wealth is defined as the stock of useful things. Marxist economics still focuses on a welfare definition. In addition several critiques of mainstream economics begin from the argument that current economic theory does not adequately measure welfare, but only monetized activity. Monday, November 07, 2005.

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This web page businesseconomics.blogspot.com states the following, "Sunday, November 13, 2005." We saw that the webpage said " John Stuart Mill defined economics as The practical science of production and distribution of wealth; this definition was adopted by the Concise Oxford Dictionary." It also said " For Mill wealth is defined as the stock of useful things. Marxist economics still focuses on a welfare definition. In addition several critiques of mainstream economics begin from the argument that current economic theory does not adequately measure welfare, but only monetized activity. Monday, November 07, 2005."

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