Economics Dictionary of Arguments

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Terminology: This section explains special features of the language used by the individual authors.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Economic Theories on Terminology - Dictionary of Arguments

Mause I 276
Def Principle of Equivalence/Taxes/Terminology/Economic Theory: The principle of equivalence (for taxes) requires that every tax be legitimised by a benefit for citizens on the expenditure side.

Mause I 278
Dynamic Inefficiency/Terminology/Economic Theories: In an overlapping generation growth model, in which there is at all times an active generation, earning income from work and saving for old age, and a second generation, retired and dissolving savings, dynamic inefficiency exists when the marginal productivity of capital is lower than the growth rate of the population. (1) Then too much is saved overall and the capital stock per person is too large.


1. Peter A. Diamond, 1965. National debt in a neoclassical growth model. American Economic Review 55 (5): 1126– 1150.


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Economic Theories
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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