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Tugan-Baranovsky, Mikhail Ivanovich (1865–1919)
Tugan-Baranovsky, Mikhail Ivanovich (1865–1919)

... considered that the marginalists ignored ‘the objective conditions of production’, while Marxists failed to recognize that not only objective factors but also subjective valuations were an integral part of a theory of value. He argued that Marx confused value (Wert) with cost (Kosten). He basically ...
Chapter 1 - Humble ISD
Chapter 1 - Humble ISD

... • Non-Durable Goods-last less than 3yrs.Ex: food, clothing, toothpaste, soap, ect. • Consumer Goods: for self-use • Capital Goods: used to make $$ ...
What is Economics?
What is Economics?

... unlimited and competing needs and wants with the careful use of scare resources. ...
Políticas Públicas Territoriais: quando se torna necessário
Políticas Públicas Territoriais: quando se torna necessário

... 5. Industrial society • In order for markets and transactions to make sense, a very concrete condition must lie at the core of an economic and social system of this type – the institution of a productive, organizational and labour sphere structured through a variety of sectors and activities and a ...
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Productive and unproductive labour

Productive and unproductive labour were concepts used in classical political economy mainly in the 18th and 19th century, which survive today to some extent in modern management discussions, economic sociology and Marxist or Marxian economic analysis. The concepts strongly influenced the construction of national accounts in the Soviet Union and other Soviet-type societies (see Material Product System).
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