 | United States. Congress. House. Committee on Ways and Means - 1990 - 1136 sidor
...late JR Hielu's classic definition of income as "the maximum amount that a person or community [can] consume over some time period and still be as well...off at the end of the period as at the beginning." Depleting or polluting natural capital stocks that yield flows of resources and services, whether priced... | |
 | Raymond Frech Mikesell - 1995 - 166 sidor
...(1946, p. 172) stated that true income is the maximum value that an individual can consume during a time period and still be as well off at the end of the period as at the beginning. When we apply this concept to a nation or to the world, it implies that consumption should be limited... | |
 | Herman E. Daly - 1997 - 268 sidor
...would emphasize the Hicksian definition of income as the maximum amount an individual or a communiry could consume over some time period and still be as well off an the end of the period avon the beginning. Being as well off means having maintained capital intact—only... | |
 | Ernst Lutz - 1998 - 404 sidor
...maximum value that a person or society can consume during a specific period of time and still expect to be as well off at the end of the period as at the beginning (Hicks 1946: 172). Applying this concept, an agricultural system can be said to be sustainable if the... | |
 | Nicholas Polunin - 1998 - 332 sidor
...continue trading. Thus Hicks' (1946) definition of income — 'the amount one can consume during a period and still be as well off at the end of the period' — can define EcS. as it devolves on consuming interest rather than capital. We now need to extrapolate... | |
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Guy Wanjialin - 2004 - 443 sidor
...change in the gross national products. economic income <1> amount that a person can consume during a period and still be as well off at the end of the period as at the beginning. Also: sustainable income. <2> cash flow plus change in present value. economic life the period during... | |
 | Adrian Henriques, Julie Richardson - 2013 - 207 sidor
...definition of income that has been standard since then: ‘the maximum amount that a community can consume over some time period and still be as well off at the end of that period as at the beginning' (Hicks, 1946). In that respect, ‘as well off' was explained by Hicks... | |
 | Jonathon Porritt - 2005 - 353 sidor
...the definition of income that has been standard since then: 'the maximum amount that a community can consume over some time period and still be as well off at the end of that period as at the beginning' (Hicks, 1946). In that respect, 'as well off was defined by Hicks... | |
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the maximum amount that a person or a nation could consume over some time period and still be as well off at the end of the period as at the beginning. That is, 