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The predominant criticism would be that business owners get rich while workers remain poor.

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Q: What statement would a critic of capitalism have most likely made during the industrial revolution?
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What is formalist approach?

A Formalist Approach is an approach that focuses the ambiguous and multi-layered nature of language. It proves that the interpretation of the story depends on the Independent reader themselves, and how they interperet the language; the opposite of a reader response critic!


Marshal's definItion of economics and criticism on his definItion?

Lionel Robbins led on frontal attack on the Marshallian view in the study of economics. The main points of criticism are: 1. Welfare is not measurable. It varies from individual to individual, person to person and age to age. A thing may give pleasure to a person but it may be harmful for the others. There is not any instrument for its measurement. Robbins criticizes the idea of welfare. It is difficult to decide what welfare is and what not welfare is. There are many activities which do not promote the human welfare but they are regarded economic activities e.g. the manufacturing and sale of alcohol etc. 2. Marshall's definition has limited the scope of economics. As according to Marshall economics is concerned only with material welfare. According to him all those activities which do not promote the material welfare are totally ignored. As they are immaterial. Robbins does not think it right for the economists to confine their attention to the study of material welfare, because in the actual study of economic principles, both the material and immaterial are taken into account. Robbins rejected Marshall's definition as being classificatory because it makes a distinction between material welfare and non-material welfare and says that economics is concerned only with material welfare. 3. As Marshal said Economics is a study of mankind in the ordinary business of life. It is difficult to know, what is the difference between ordinary course of business and extra ordinary course of business?


List of filipino economists and their contributions?

* Diosdado Macapagal * Gloria Macapagal-Arroyo * Solita Monsod * Joey Salceda ------------ Diosdado Macapagal ------------ His family was poor (hence his nickname "poor boy from Lubao"), but with the help of Honorio Ventura, the Secretary of Interior at that time, he studied law and graduated in the University of Santo Tomas and pursued and earned the postgraduate degree of Doctor of Civil Law and Ph.D. in Economics in the same university. During the Japanese occupation of World War II, Macapagal served as support to the anti-Japanese task force and as an intelligence liaison to the US guerillas. It was during this period that his first wife died. He later married Evangelina Macaraeg, the mother of current Philippine President Gloria Macapagal Arroyo. ------------ Gloria Macapagal-Arroyo ------------ Arroyo, a practicing economist, has made the economy the focus of her presidency. Early in her presidency, Arroyo implemented a controversial policy of holiday economics, adjusting holidays to form longer weekends with the purpose of boosting domestic tourism and allowing Filipinos more time with their families. Economic growth in terms of gross domestic product has averaged 4.6% during the Arroyo presidency from 2001 up to the end of 2005. This is higher than previous recent presidents when compared to the 3.8% average of Aquino, the 3.7% average of Ramos, and the 2.8% average of Joseph Estrada. Inflation during the Arroyo presidency has been the lowest since 1986, averaging 2.5%. Arroyo's handling of the economy has earned praise from observers including former US President Bill Clinton, who praised Arroyo for making "tough decisions" that put the Philippine economy back in shape. ------------ Solita Monsod ------------ Monsod is best remembered for her role as Socio-economic Planning Secretary during the term of President Corazon Aquino and as a co-host in the GMA Network show Debate with Mare and Pare with former Pangasinan Governor and Vice Presidential candidate Oscar Orbos. Monsod is a respected economist and political commentator in the Philippines. In 2005, Monsod became an outspoken critic of Arroyo upon massive allegations of election cheating, graft and corruption. ------------ Joey Salceda ------------ Voted by foreign fund managers in Asiamoney's Annual Survey as "Best Analyst" in 1995 and "Best Economist" for four consecutive years from 1993 to 1996, Salceda brought to Congress a wealth of experience from the financial markets and the field of economics. During his term of office, he was able to enact three important measures. He was the principal sponsor and co-author, respectively, of Republic Act No. 8751 or the Countervailing Duty Act, Republic Act No. 8752 or the Anti-Dumping Duty Act, and Republic Act No. 8800 or the Safeguard Measures Act. These measures are critical in allowing the country realize the full benefits of its membership in the World Trade Organization (WTO) and at the same time protect domestic farmers. On January 18, 2008, Albay Governor Joey Salceda and the Department of Science and Technology (DOST) Estrella Alabastro relaunched one of the country's 4 P 18-million upper-air receiving equipment in Albay. The other upper-air receiving stations are in Laoag, Cebu, and Tanay, Rizal 1. Maria Joy Villaruel Abrenica, Ph.D. (U.P., 1995) Industrial Organization, Internation Economics, Macroeconomics Email: ma_joy.abrenica@up.edu.ph or joyabrenica@yahoo.com 2. Florian Alonso Alburo, Ph.D. (Colorado, 1974) Agricultural Economics, International Economics, Monetary Economics Email: florian.alburo@up.edu.ph 3. Ruperto Pascual Alonzo, M.A. (U.P., 1969) Agricultural Economics, Human Resources Economics, Public Economics (Project Evaluation) Email: ruperto.alonzo@up.edu.ph or rpalonzo@gmail.com 4. Agustin Lopez Arcenas, Ph.D. (Michigan State, 2002) Environmental and Natural Resource Economics Email: alarcenas@up.edu.ph or arcenasa@yahoo.com 5. Arsenio Molina Balisacan, Ph.D. (Hawaii, 1985) Agricultural Economics, Development Economics, Poverty and Income Distribution Email: arsenio.balisacan@up.edu.ph or ambalisacan@agri.searca.org 6. Maria Socorro Gochoco Bautista, Ph.D. (Columbia, 1984) Macroeconomics, Monetary Economics, International Economics Email: msgb@up.edu.ph 7. Dante Bondoc Canlas, Ph.D. (U.P., 1978) Macroeconomics, Labor Economics Email: dante.canlas@up.edu.ph 8. Joseph Jose Capuno, Ph.D. (U.P., 1997) Public Economics, Development Economics, Health Economics Email: joseph.capuno@up.edu.ph 9. Fidelina Natividad Carlos, Ph.D. (Oregon, 1986) Economic Theory, Econometrics, International Economics Email: fidelina.carlos@up.edu.ph 10. Ramon Loquellano Clarete, Ph.D. (Hawaii, 1984) Agricultural Economics, Development Economics, Multilateral Trade Policy, International Economics, Public Economics Email: ramon.clarete@up.edu.ph


Related questions

Who is known as the critic's critic?

Nostalgia Critic


How do you write the possessive for critic?

The possessive form of "critic" is "critic's." For example, "The critic's review was very insightful."


What is critic in Filipino?

critic in Filipino: kritiko


What part of speech is critic?

Critic is a noun.


What is adjective for critic?

the adjective for critic is critical


What actors and actresses appeared in The Critic - 2006?

The cast of The Critic - 2006 includes: Matthew Walker as The Critic


How is critic acid produce?

I don't know what critic acid is.


When did The Critic end?

The Critic ended on 1995-05-21.


When was The Critic created?

The Critic was created on 1994-01-26.


When was British Critic created?

British Critic was created in 1793.


When was The Critic as Artist created?

The Critic as Artist was created in 1891.


What is the meaning of critically lauded?

To be lauded by a critic.