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Wobbly lingo is a collection of technical language, jargon, and historic slang used by the Industrial Workers of the World, known as the Wobblies, for more than a century. Many Wobbly terms derive from or are coextensive with hobo expressions used through the 1940s .
Non-financial assets, such as land and buildings, may also be included. For example, dictionary definitions of money include "wealth reckoned in terms of money" and "persons or interests possessing or controlling great wealth", [8] neither of which correspond to the economic definition.
Wobbly lingo is a collection of technical language, jargon, and historic slang used by the Wobblies, for more than a century. Many Wobbly terms derive from or are coextensive with hobo expressions used through the 1940s. [147] [148] The origin of the name "Wobbly" itself is uncertain.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Where did initial inspirations for the Wobbly philosophy come from? Historian Melvyn Dubofsky is worth quoting at length: . Wobblies ... took their basic concepts from others: from Marx the concepts of labor value, commodity value, surplus value, and class struggle; from Darwin the idea of organic evolution and the struggle for survival as a paradigm for social evolution and the survival of ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Ahead, we’ve rounded up 50 holy grail hyperbole examples — some are as sweet as sugar, and some will make you laugh out loud. 50 common hyperbole examples I’m so hungry, I could eat a horse.
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...