by
Diane Coyle
Benford's Law
(en)
(aka the first-digit law) in many real-life sets of numerical data, the leading significant digit is likely to be small
3
fulminate
(en)
(verb) to utter or send out with denunciation / (verb) to send forth censures or invectives / (verb) express vehement protest
17
he fulminated in this
confirm
7 years, 7 months ago
he fulminated in this
confirm
7 years, 7 months ago
trente glorieuses
(fr)
(The Glorious Thirty) the thirty years from 1945 to 1975 in France, during which the economy grew rapidly
43
defined as the French term for the postwar Golden Age
notable
7 years, 7 months ago
defined as the French term for the postwar Golden Age
notable
7 years, 7 months ago
Geary–Khamis dollars
(en)
a hypothetical unit of currency that has the same purchasing power parity that the U.S. dollar had in the United States at a given point in time (for comparing GDP between countries)
52
hedonic price index
(en)
any price index which uses information from hedonic regression, which describes how product price could be explained by the product's characteristics (e.g., improvements in quality)
88
ate
(grk)
(Greek tragedy) foolishness or madness
93
hubris, ate, and nemesis
unknown
7 years, 7 months ago
hubris, ate, and nemesis
unknown
7 years, 7 months ago
hedonic treadmill
(en)
also known as hedonic adaptation, is the observed tendency of humans to quickly return to a relatively stable level of happiness despite major positive or negative events or life changes
112
describing Edmund (from Narnia) getting used to Turkish Delight
notable
7 years, 7 months ago
describing Edmund (from Narnia) getting used to Turkish Delight
notable
7 years, 7 months ago
capital widening
(en)
capital stock is increasing at the same rate as the labour force and the depreciation rate, thus the capital per worker ratio remains constant; The economy will expand in terms of aggregate output, but productivity per worker will remain constant
132