Lib Quotes
  • Authors
  • Topics
  • Lists
  • Pictures
  • Resources
  • More about Gunnar Myrdal

Gunnar Myrdal - Quantities Quotes

2 Sourced Quotes

View all Gunnar Myrdal Quotes
    • Source
    • Report...
An important distinction exists between prospective and retrospective methods of calculating economic quantities such as incomes, savings, and investments; and... a corresponding distinction of great theoretical importance must be drawn between two alternative methods of defining these quantities. Quantities defined in terms of measurements made at the end of the period in question are referred to as ex post; quantities defined in terms of action planned at the beginning of the period in question are referred to as ex ante.

Gunnar Myrdal
    • Source
    • Report...
Some of these quantities refer directly to a point of time. That is true of "capital value" as also of such quantities as demand and supply prices. Other terms – as e. g. "income", "revenue", "return", "expenses", "savings", "investments" – imply, however, a time period for which they are reckoned. But in order to be unambiguous they must also refer to a point of time at which they are calculated.

Gunnar Myrdal

Quote of the day

Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.
David Mamet

Gunnar Myrdal

Gunnar Myrdal
Creative Commons

Born: December 6, 1898
Died: May 17, 1987 (aged 88)
More about Gunnar Myrdal...

Featured Authors

Michel de MontaigneElvis PresleyWilliam ShakespeareMartin LutherPope John Paul IIStephen HawkingTerenceGroucho MarxMontesquieuBob DylanBertolt BrechtFyodor Dostoyevsky

Lists

Predictions that didn't happen

Predictions that didn't happen

If it's on the Internet it must be true

If it's on the Internet it must be true

Remarkable Last Words (or Near-Last Words)

Remarkable Last Words (or Near-Last Words)

Picture Quotes

If you see what is right and fail to act on it, you lack courage.

Confucius

I have a heart with room for every joy.

Philip James Bailey

Life was meant to be lived, and curiosity must be kept alive.

Eleanor Roosevelt

A great change in life is like a cold bath in winter — we all hesitate at the first plunge.

Letitia Elizabeth Landon

Popular Topics

  • life
  • love
  • nature
  • time
  • god
  • power
  • human
  • mind
  • work
  • art
  • heart
  • thought
  • men
  • day
Lib Quotes

100% Sourced Quotes.

Our motto is: Don't quote it if you can't source it.

Contact us

Social Media

  • Facebook
  • Instagram
  • X (Twitter)
  • Pinterest

Recent

Predictions that didn't happen

If it's on the Internet it must be true

Remarkable Last Words (or Near-Last Words)

Subscribe to our Newsletter:
Quote of the Day
JS and WordPress
Subscribe
to RSS Feeds
© 2017-2025 LibQuotes
Terms of Use / Privacy Policy / About Us

Lib Quotes