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Vor einem Tag · After getting his Ph.D. from M.I.T. in 1967, Stiglitz co-authored one of his first papers with Michael Rothschild for the Journal of Economic Theory in 1970. Stiglitz and Rothschild built upon works by economists such as Robert Solow on the concept of risk aversion.
Vor einem Tag · In this formula, the general price level is related to the level of real economic activity (Q), the quantity of money (M) and the velocity of money (V). The formula itself is simply an uncontroversial accounting identity because the velocity of money ( V ) is defined residually from the equation to be the ratio of final nominal expenditure ( P Q {\displaystyle PQ} ) to the quantity of money ( M ).
Vor einem Tag · Ronald M. Shapiro, sports agent, corporate attorney, New York Times best-selling author; Robert C. Solomon, PhD, author and educator; Jeffrey Solow, virtuoso cellist; Jeffrey Sonnenfeld, Senior Associate Dean for Executive Programs and Lester Crown Professor in the Practice of Management at Yale; Dan Trachtenberg, filmmaker and podcast host.
Vor einem Tag · 1946 in art – Birth of Robert Mapplethorpe, Kirk Varnedoe, and Robert Davidson; Death of Arthur Dove 1945 in art – Birth of Sean Scully , Peter Reginato , death of René Gimpel 1944 in art – Birth of Odd Nerdrum , Timothy Akis , and Mathias Kauage ; Death of Wassily Kandinsky , Piet Mondrian , Edvard Munch , Francis Bacon completes Three Studies for Figures at the Base of a Crucifixion
