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The 19th century economist, Thomas Robert Malthus, hypothesized that the long-run supply of labor is completely elastic at a fixed wage-income level because population growth tends to outstrip real output growth. Dynamic equilibrium with constant income and population is achieved through...
Persistent link: https://www.econbiz.de/10012467087
Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or property, and could not obtain a divorce. Women have gradually gained rights in many areas of life, and this legal expansion has been closely intertwined with economic...
Persistent link: https://www.econbiz.de/10013462666
Über Jahrtausende hinweg entsprach der Lebensstandard fast aller Menschen weltweit mehr oder weniger dem Existenzminimum, bis er Ende des 18. Jahrhunderts drastisch anstieg. Viele Nationen genießen heute beispiellosen Wohlstand, andere haben den Sprung aus der wirtschaftlichen Stagnation noch...
Persistent link: https://www.econbiz.de/10012664167