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LOI UTILITE DECROISSANTE [1 record]

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Record 1 1981-01-28

English

Subject field(s)
  • Saving and Consumption
  • Laws of the Market (Economy)
OBS

(...) if each extra dollar brings less and less satisfaction to a man, and if the rich and poor are alike in their capacity to enjoy satisfaction, a dollar taxed away from a millionaire and given to a median-income person is supposed to add more to total utility than it subtracts [, the] so-called "law of diminishing utility".

French

Domaine(s)
  • Épargne et consommation
  • Lois du marché (Économie)

Spanish

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