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Marshall’s materialist definition of economics was unable to persuade Lionel Robbins. Therefore, Robbins attempted to outline economics in a greater sense in his e-book The Nature and Significance of Economic Science”. His efforts supplied us with probably the most thought of ‘scarcity definition of economics’.
NEW YORK/TOKYO U.S. nuclear firm Westinghouse Electric Co LLC has employed bankruptcy attorneys, in an indication that proprietor Toshiba Corp (6502.T) is extra seriously weighing a Chapter 11 filing as an choice to help it rein in a multibillion greenback monetary maelstrom.